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10 Jan 2020

RBA seen keeping rates on hold at 0.75% - UOB

The RBA is expected to maintain its policy rate unchanged at the next meeting in February, according to Global Economics & Markets Research at UOB Group.

Key Quotes

“It is indeed clear that the RBA appears to be in a holding pattern as it waits to gauge the effects of the rate cuts so far this year. We are thus maintaining our OCR call of 0.75%, for now. We are, however, not ruling out further easing ahead. In fact, the case for a rate cut at the next RBA meeting on 4 February 2020, will depend on housing, construction and economic data released over the next two months.”

Jan 10, 2020

US: Strength in jobless claims data – TDS

Analysts at TD Securities note that the US jobless claims fell to 214K from 223K, below the 220K consensus and suggests that the pattern is consistent
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Jan 10, 2020

Australia: Bushfires dominating sentiment at the start of 2020 – ANZ

According to ANZ analysts, it is no surprise that the bushfires are dominating the national conversation at the start of 2020 for the Australian econo
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