Daily digest market movers: Australian Dollar buoyant pagkatapos ng hawkish hold ng RBA

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  • Ang Reserve Bank of Australia, tulad ng malawak na inaasahan, ay iniwan ang cash rate na static sa 4.35% at inulit na "ang Lupon ay hindi naghahanda ng anumang bagay sa loob o labas."
  • Higit pa rito, kinumpirma ni Gobernador Bullock na tinalakay ng lupon ang mga opsyon sa pagtaas ng rate na may pagbabawas ng rate na hindi pinag-iisipan sa ngayon.
  • Ang matatag na tono sa paligid ng inflation backdrop ng Australia ay nagpapahiwatig na ang threshold para sa pagpapagaan ng patakaran ay nananatiling mataas.
  • Ibinunyag ng RBA na "nananatili ang inflation sa itaas ng target at nagpapatunay na patuloy" at inulit na "inaasahan ng Lupon na magtatagal pa ito bago mapanatili ang inflation sa loob ng target na hanay."
  • Sa harapan ng US, inilabas ng US Census Bureau na ang Retail Sales, isang mahalagang sukatan ng paggasta ng sambahayan, ay lumago sa mas mabagal kaysa sa inaasahang bilis noong Mayo ng 0.1% laban sa inaasahang 0.2%.
  • Ang mas mabagal na paglago ng Retail Sales ay maaaring lumikha ng malaking presyon sa US Dollar, dahil nakatakda itong palakasin ang paniniwala ng mga mamumuhunan sa unti-unting proseso ng disinflation.
  • Ang CME FedWatch Tool ay nagpapahiwatig ng mas mataas na posibilidad ng mga rate ng interes na nagsisimulang bumaba mula sa pulong ng Setyembre, na may isa o higit pang mga pagbawas sa rate na ipinahiwatig sa Nobyembre o Disyembre.


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