The Week Ahead

It almost seems like every week is a big week lately. This one is no different. Looking at the economic calendar below and only highlighting the high impact announcements, we see a lot of red. Chart is set at GMT + 10 West Pacific Standard time Monday Starting the week off we China, Great Britain […]

FED no surprises. Next Aussie jobs

The US Federal Reserve gave no surprises in its monetary policy meeting. Powell statement mentioned unemployment is likely to be at 7.6% at years end as opposed to 9.3% as previously forecast. GDP will contract form 6.5% to 2.8% and monetary policy will remain as they are for now but hinted they will adjust if […]

AUD rallies ahead of the RBA minutes

Soon the Reserve Bank of Australia will release minutes of the latest monetary policy. with mixed reading coming from the RBA of late, traders are keen to see what comes from he minutes for a more mid term outlook. We have seen an improvement in retail sales from -1.1% to 0.0%YoY and our relationship with […]