AUDEUR AUD/EUR
- 0.6100
- -0.0005-0.09%
AUD/EUR News
Week Ahead – SNB to Cut Again, RBA to Stand Pat, PCE Inflation Also on Tap
ECB's De Guindos: We Will Have More Information in December Than in October
Eurozone Peripheral Bonds Look Expensive, Trend Likely to Stay for Now -- Market Talk
German Annual Producer Prices Decline 0.8% in August
The Reserve Bank of Australia is expected to maintain stability this year and only consider cutting interest rates early next year!
A survey of 45 economists showed that all respondents expect Australia's interest rate to remain at 4.35% this week, with 40 forecasting this rate to last until the end of 2024. BlackRock said that early 2025 could be the earliest time for rate cuts. UBS Group has moved forward the expectation of the first rate cut by the Reserve Bank of Australia from May next year to February.
RBA Can Run Its Own Race on Rates -- Market Talk
Can ASX 200 Investors Expect the RBA to Follow the Fed and Cut Interest Rates Next Week?
Australian Millennials Are Being Smashed by High Rates -- Market Talk
RBA Gov to Be Peppered With Demands to Follow Fed -- Market Talk
Australian Inflation Indicator to Spark Rate Cut Chatter -- Market Talk
Commonwealth Bank Pushes Back Interest Rate Cut Prediction Ahead of Impending RBA Decision
Nomura: There is no consumer-driven economic recovery, the ECB will lower interest rates more aggressively.
Nomura believes that the lack of consumer-led recovery will increase the risk of euro area economic growth falling short of expectations. It is expected that the European Central Bank may gradually decrease interest rates, lowering the deposit rate to 2.50% in September 2025, but the pace of rate cuts may be faster, and the terminal rate may also be lower than the level predicted by the institution.
Don't panic! The German central bank openly reveals that the "locomotive" of the European economy may have entered a recession.
In its latest monthly report, the German central bank expects that GDP growth in the third quarter may experience "stagnation or slight decline". If the economy shrinks in the third quarter, it would mean that Germany has officially entered a technical recession. The German central bank also emphasizes that a clear, widespread, and sustained economic recession is currently unlikely.
RBA Will to Remain on Hold Next Tuesday – Commerzbank
ECB's Schnabel: Sticky Services Inflation Is Keeping Headline Inflation at Elevated Level
Euro Stoxx 50 Elliott Wave Technical Analysis [Video]
Australia's Unemployment Rate Remains Steady in August
Eurozone's Current Account Surplus Falls in July
European Central Bank board member Villeroy: may need to accelerate the pace of interest rate cuts.
European Central Bank Governing Council member Mario Centeno said in an interview with Politico that the European Central Bank may need to accelerate the pace of interest rate cuts to prevent inflation from falling below expectations. "Given where we are in the monetary policy cycle, we do need to minimize the risk of inflation falling below our target, because that is the main risk," Centeno said, as reported.
Big Fed Rate Cut Will Encourage RBA to Ease Earlier, UBS Says -- Market Talk