ANZ Bank and Goldman Sachs now see the RBA hiking the Cash Rate at next week's meeting
The predictions from ANZ Bank and Goldman Sachs regarding a potential rate hike by the RBA next week indicate a shift towards a more hawkish stance than previously anticipated.
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ANZ Bank and Goldman Sachs now see the RBA hiking the Cash Rate at next week's meeting
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PBoC is expected to set USD/CNY mid-point at 6.8853 (prev. 6.8917)
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This could lead to upward pressure on the Australian dollar and influence global risk sentiment, particularly in fixed income markets. Traders should consider adjusting their positions in response to this evolving interest rate outlook.
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