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Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus
The Australian dollar rose to its highest level this year on Tuesday as the central bank reiterated its determination to tame stubborn inflation, while the yuan climbed to a 16-month peak after fresh stimulus steps from China.
China unveils fresh stimulus to boost ailing economy
China unveiled some of its boldest measures in years on Tuesday aimed at boosting its struggling economy as leaders grapple with a prolonged property sector debt crisis, continued deflationary pressur
Stocks Set to Build on Record Highs After China Stimulus Boost
The stock market was looking to build on yesterday’s record close after China announced fresh stimulus measures meant to boost the economy. Dow futures were up 0.1%, while S&P 500 futures were up slightly.
China's big-bang stimulus boosts yuan; Aussie up after RBA
China's yuan hit a 16-month high on Tuesday, after stimulus measures infused broader markets with enthusiasm and boosted the euro, while the Australian dollar touched a 2024 peak after the central bank reiterated its determination to tame inflation.
China unleashes boldest stimulus in years to boost ailing economy
2d
Glynn’s Take: Moves to Reform RBA Board Descend Into Farce
The Australian government’s push to reform the Reserve Bank of Australia’s policy-setting board is likely dead in the water, ...
2d
RBA Reforms Face Major Hurdle as Greens Demand Rate Cut
Australian Treasurer Jim Chalmers’ plans to overhaul the Reserve Bank have suffered a major setback after the left-wing ...
2d
RBA Set to Extend Rate Pause as Housing Crisis Props Up Prices
Australia’s record household debt was a key factor in the Reserve Bank’s cautious approach to tightening, and now housing is ...
5h
Government spending is still a ‘problem’ for the RBA
Capital Economics Head of APAC Marcel Thieliant says government spending is still a “problem” for the RBA. “It is a problem ...
9h
At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...
3h
AUD/USD Signal Today - 25/09: Fed, RBA Diverge: Target 0.700
Bullish view <li /> Buy the AUD/USD pair and set a take-profit at 0.700. <li /> Add a stop-loss at 0.6800. <li /> Timeline: ...
1d
RBA Signals Key Rate to Stay at 12-Year High for Time Being
Australia’s central bank held its key interest rate at a 12-year high on Tuesday as it tries to subdue stubborn price pressures that are preventing it from joining a global easing cycle.
1d
Asia Stocks Steady Ahead of RBA Decision, Ueda Speech
The euro was steady at $1.11055 in early Asian hours, having dropped about 0.5% on Monday as business activity reports for ...
stockhead
14h
RBA holds rates as CME economist highlights key differences in Aussie economy
As the RBA holds rates at a 12-year high, CME Group's chief economist highlights key differences in Australia’s economy from ...
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