RBA Assistant Governor Hunter says the housing market is a crucial mechanism through which monetary policy affects the economy
Japan sells JPY 1.9tln 5-year JGBs; b/c 3.42x (prev. 4.15x), average yield 2.239% (prev. 2.020%)
PRE-MARKET INDIAN STOCKS NEWS: Adani Power (ADANI IS) received a Letter of Intent to acquire GVK Energy
RBA Assistant Governor Hunter says the housing market is a crucial mechanism through which monetary policy affects the economy
[MARKET ANALYSIS] Asia-Pac stocks trade mixed following the US holiday lull and with the attention on data releases
[MARKET ANALYSIS] Yen continues to outperform amid BoJ rate hike expectations and following data including upward GDP revisions and firmer-than-expected Labour Cash Earnings
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Says:
- Impacts of changes in house prices on consumer spending is actually quite small.
- Would not expect to see a recession in the economy.
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