MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Economists Split Re July Meeting Decision

RBA

The RBA surprised many economists by hiking rates 25bp to 4.1% at its June 6 meeting (see MNI RBA Preview – June 2023 here). In a Reuters survey following the meeting, analysts now expect one more tightening by September with rates then peaking at 4.35%, 25bp higher than the pre-meeting poll. Governor Lowe said on Wednesday that “more tightening may be required” and that the Board’s patience is limited.

  • 20 of the 26 polled expect rates to reach 4.35% by September with the others expecting them to stay at 4.1%. 16 are forecasting a pause in July including ANZ, CBA and NAB but Westpac expects +25bp.
  • The highest terminal rate in the survey was 4.85%.
  • In another Reuters poll, home prices are now expected to be flat this year revised up from a double-digit fall forecast only 3-months ago.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.