RBA Governor Bullock says RBA board is not happy with inflation and the prospects of getting it down
RBA Governor Bullock's comments indicate a hawkish stance, highlighting the board's dissatisfaction with current inflation rates and its prospects for reduction.
[MARKET ANALYSIS] Gold and silver rebounded from an early dip
BoJ's Masu says the central bank is closely watching FX market moves and their impact on the economy and prices, also noted that appropriate and timely rate hike is needed
RBA Governor Bullock says RBA board is not happy with inflation and the prospects of getting it down
PBoC injects CNY 31.5bln via 7-day reverse repos with the rate at 1.40% and CNY 300bln via 140-day reverse repos with the rate at 1.65%
PRE-MARKET CHINESE STOCKS NEWS: Meituan (3690 HK) fully acquires Dingdong's Fresh Grocery E-commerce company for an initial consideration of USD 717mln
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This sentiment suggests that the RBA may be under pressure to maintain or increase interest rates, affecting the AUD and influencing bond yields as markets reassess rate expectations.
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