Monthly Archives: December 2023
Hawkish RBA Meeting Minutes Buoys Aussie Dollar
Written on December 19, 2023 at 5:44 am, by 王建军
Despite the RBA keeping its interest rate level unchanged earlier, the meeting minutes indicate that Australian authorities remain focused on battling inflation The Japanese Yen has taken centre stage as it gains ahead of the Bank of Japan’s (BoJ) interest rate decision. The market widely believed that the Japanese central bank is likely to maintainContinue Reading
Fed’s Hawkish Tone Bolsters Dollar
Written on December 18, 2023 at 6:15 am, by 王建军
The dollar index received a boost from a hawkish tone adopted by Federal Reserve officials, including the New York President and Chicago President. The dollar index received a boost from a hawkish tone adopted by Federal Reserve officials, including the New York President and Chicago President. This stance dampened market speculation of a potential rateContinue Reading
UK Nearing 2% Inflation Target
Written on December 15, 2023 at 3:43 am, by 王建军
Wednesday, 20 Dec, 09:00 – UK CPI (YoY) (Nov) In October, U.K. inflation dropped significantly to 4.6% from the previous month’s 6.7%. The Bank of England successfully met its goal to cut inflation by half this year. This suggests that the return of inflation to the Bank of England’s 2% target might happen sooner thanContinue Reading
