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
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…
Market Update – October 2021
Highlights: The Australian share market fell 1.9% in September, ending an impressive 11 month run of gains. Nonfarm payrolls rose 194,000 in September, the lowest so far this year, falling well short of expectations of a 500,000 increase. Eurozone economic sentiment rose to 117.8, supported by optimism from consumers and the construction sector. The RBA…
Statement by Philip Lowe, Governor: Monetary Policy Decision – October 2021
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 maintain the target of 10 basis points for the April 2024 Australian Government bond continue to purchase government securities at the rate of $4 billion a week until at least…
September Economic Update – Bob Cunneen
Which key events have been driving markets? Watch this video with Senior Economist Bob Cunneen to find out.
Market Update – September 2021
Highlights: The Australian share market reached an all-time high in August, with the S&P/ASX 200 gaining 2.5% for the month. Non-farm payrolls added 235,000 jobs, the lowest in seven months and well below forecasts of 740,000 as a surge in COVID-19 infections may have discouraged companies from hiring and potentially discouraged workers from actively looking…
Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, September 2021
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 of zero per cent maintain the target of 10 basis points for the April 2024 Australian Government bond purchase government securities at the rate of $4 billion a week and to continue the purchases…
August Economic Update with Bob Cunneen
Which key events have been driving markets? Watch this video with Senior Economist Bob Cunneen to find out.
July Economic Update with Bob Cunneen
Which key events have been driving markets? Watch this video with Senior Economist Bob Cunneen to find out.
Market Update – August 2021
Highlights: The Australian share market reached all-time highs in July, with the S&P/ASX 200 gaining 1.1% for the month. US employment surprised again as non-farm payrolls came in well above expectations, coupled with a falling unemployment rate, reinforces the strength of the economy. Economic sentiment in Europe rose for the sixth month in a row…