Which key events have been driving markets? Watch this video with Senior Economist Bob Cunneen to find out.
Market Update – November 2021
By upwealth
In
Economic Update
Highlights: Australia’s S&P/ASX 200 Index had a moderate decline of -0.10% in October. Nonfarm payrolls rose 531,000 in September, well above of expectations of a 450,000 increase. Eurozone GDP expanded 2.2% in Q3, slightly ahead of expectations of 2.1%, with the annual rate sitting at 3.7%. The RBA kept the cash rate on hold at…
Statement by Philip Lowe, Governor: Monetary Policy Decision – November 2021
By upwealth
In
Economic Update
At its meeting today, the Board decided to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent continue to purchase government securities at the rate of $4 billion a week until at least mid February 2022 discontinue the target of 10 basis points for the April 2024…