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$3 Trillion Recovery, Japan Stimulus, Factory Sleepover: Eco Day

Dennis Da Silva s Top Picks: July 6, 2021 U.S. stocks pare losses; Yields drop to February lows Ross Healy s Top Picks: July 5, 2021 Telus, Enbridge greenium boosts sustainability-linked bonds Alex Ruus Top Picks: July 2, 2021 We re #28! TSX rides commodity rally to outpace Dow Industrials Colin Stewart s Top Picks: June 30, 2021 U.S. stock euphoria abates at end of big first half Bruce Campbell s Top Picks: June 29, 2021 Lorne Steinberg s Top Picks: June 28, 2021 Wall Street and C-Suite grapple with a meme-stock new normal Haters everywhere in stock market after S&P 500 s big first half Larry Berman: Warning, the making of the Mother of all crashes

When is the RBA Interest Rate Decision and how could it affect AUD/USD?

7/6/2021 3:27:51 AM GMT | By Anil Panchal Alike every first Tuesday of the month, the Reserve Bank of Australia (RBA) is up for conveying the latest monetary policy meeting and Interest Rate Decision around 04:30 AM GMT. Following the event, Governor Philip Lowe s press conference, around 06:00 AM GMT, will also be crucial to watch as traders will seek details of action/inaction. Contrary to the recent status-quo, the Aussie central bank has already signaled July action in its latest monetary policy meetings, which in turn keeps AUD/USD traders on their toes ahead of the key announcements. Although broad market consensus doesn’t favor any changes in the benchmark interest rate of 0.10%, chatters over editing the 3-year yield targets and or purchase adjustments can’t be ruled out. The same contrasts with the Oz nation’s recent worries over the coronavirus (COVID-19) strains and mixed data.

Australia s central bank tapers QE but affirms lower-for-longer rates

Australia s cbank tapers QE but affirms low rates outlook Reuters 17 hrs ago By Swati Pandey and Wayne Cole © Reuters/David Gray FILE PHOTO: Pedestrians walk past the main entrance to the Reserve Bank of Australia head office in central Sydney, Australia By Swati Pandey and Wayne Cole SYDNEY (Reuters) -Australia s central bank on Tuesday took its first step towards tempering its massive stimulus as employment proves far stronger than previously expected, although actual rate hikes remain a distant prospect. The Reserve Bank of Australia (RBA) held the cash rate at a record low 0.1% in a widely expected move and reiterated the need for the setting to remain unchanged until 2024 to help spark wage and inflation pressures.

Australia s central bank to taper bond buying, leaves rate at record lows

Australia s cbank tapers QE but affirms low rates outlook Reuters 16 hrs ago By Swati Pandey and Wayne Cole © Reuters/David Gray FILE PHOTO: Pedestrians walk past the main entrance to the Reserve Bank of Australia head office in central Sydney, Australia By Swati Pandey and Wayne Cole SYDNEY (Reuters) -Australia s central bank on Tuesday took its first step towards tempering its massive stimulus as employment proves far stronger than previously expected, although actual rate hikes remain a distant prospect. The Reserve Bank of Australia (RBA) held the cash rate at a record low 0.1% in a widely expected move and reiterated the need for the setting to remain unchanged until 2024 to help spark wage and inflation pressures.

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