Tuesday, 24 April 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
RBA Sees Brighter Global Picture, Gradual Improvement at Home
Tuesday, 20 March 2018 08:36 WIB | FISCAL & MONETARY |RBAEkonomi Australia

Australia™s central bank highlighted a better global backdrop and faster growth at home, while reiterating inflation™s advance and unemployment™s decline would be only gradual, in minutes of this month™s policy meeting.

Main Takeaways

Spare capacity in labor market will continue to decline œgradually in 2018 and, as a result, wage growth was expected to rise œgradually

Australia™s GDP growth expected to exceed potential in 2018 and inflation seen increasing œgradually to be a little over 2%

Household debt remained high, contributing to uncertainty around outlook for consumption growth

Economic growth in most of Australia™s major trading partners had risen to be above its five-year average over 2017 and this momentum appeared to have been maintained into 2018

Source : Bloomberg

RELATED NEWS
PBOC Cuts Reserve Ratio in Tweak to Steady China Bank Liquidity...
Wednesday, 18 April 2018 08:45 WIB

People Bank of China (PBOC) mengatakan akan memangkas rasio cadangan-syarat bagi beberapa bank untuk mengurangi biaya pendanaan mereka dan pada gilirannya membantu meringankan kondisi untuk bisnis dan...

RBA Sees Economy Growing Faster Than Its Potential Rate in 2018...
Tuesday, 17 April 2018 08:51 WIB

Perekonomian Australia tahun ini diperkirakan tumbuh lebih cepat daripada batas kecepatannya - diperkirakan 2,75 persen oleh Treasury - dengan inflasi tepat di atas bagian bawah targetnya, bank sentra...

ECB sees trade wars as a risk to Europe's economy...
Thursday, 12 April 2018 19:09 WIB

Pejabat Bank Sentral Eropa memperingatkan pada pertemuan kebijakan Maret mereka bahwa perang perdagangan dan penguatan euro berisiko merusak pemulihan ekonomi zona euro, memperlihatkan kewaspadaan ECB...

Fed Minutes From March Meeting Reinforce View That More Rate Hikes Are Coming...
Thursday, 12 April 2018 01:18 WIB

Risalah pertemuan Komite Pasar Terbuka Federal 20-21 Maret yang dirilis Rabu menunjukkan "semua" peserta melihat adanya kemungkinan beberapa kenaikan suku bunga lainnya. Alih-alih membahas apakah aka...

Bank of England Holds Key Interest Rate at 0.5% in 7-2 Vote...
Thursday, 22 March 2018 19:24 WIB

Bank of England pada Kamis ini mempertahankan suku bunga utamanya sebesar 0,5%, memenuhi harapan yang dipegang secara luas. Komite Kebijakan Moneter memilih 7-2 untuk tidak membuat perubahan dalam ke...

LATEST NEWS
Asia Stocks Rise as Political Tensions Ease; Korea Shares Fall

Asia stocks rose as investors turned their attention to the outlook for company earnings and as concerns about global political tensions eased. A weaker yen supported Japanese equities. The MSCI Asia Pacific Index gained 0.4 percent to 173.36 as...

Gold Holds Near Two-Week Low; Palladium Extends Drop

Gold holds 3-day decline as dollar trades at the highest since early January. Palladium heads for the biggest 2-day drop in more than a year. Bullion for immediate delivery was steady at $1,325.61/oz. Silver +0.4% to $16.6929/oz....

EUR/USD Tumbles Further Below 1.22 on Downbeat IFO

The single currency saw its decline accelerated today and is now forcing EUR/USD to drop to fresh lows in the vicinity of the 1.2180 region. The selling sentiment remains well and sound around the European currency during the first half of the...

POPULAR NEWS
Gold Futures Fall to 2-Week Low as Haven Demand Wanes
Tuesday, 24 April 2018 01:34 WIB

Gold declines to a 2-week low as demand for a haven eased amid cooling geopolitical tensions and a rally in the dollar. Bullion futures...

Gold On The Defensive - Peter Hug
Tuesday, 24 April 2018 05:44 WIB

On holiday last week, I am missing the nuance of the past few trading days. We suggested that the technical picture was looking positive with the...

Gold Declines Third Day as U.S. Hints at China Truce
Monday, 23 April 2018 12:58 WIB

Gold drops a third day after U.S. Treasury Secretary Steven Mnuchin hints at a truce with China on trade, and as tensions on the...

Oil Trades Below $69 as U.S. Rig Count Climbs to 3-Year High
Monday, 23 April 2018 10:26 WIB

Oil traded below $69 a barrel as the number of crude rigs in the U.S. rose to a three-year high in a sign American production may expand...