BOC REITERATES SEES FURTHER CUTS IF ECONOMY GOES AS EXPECTED

NAGEL SEES ECB TAKING MEETING-BY-MEETING APPROACH ON RATES

MNI: BOC Says Policy No Longer Needs To Be As Restrictive

MNI China Daily Summary: Wednesday, June 12

MNI BRIEF: Beijing Willing To Safeguard Chinese Firms - MOFCOM

MNI BRIEF: China May CPI Flat At 0.3% Y/Y

MNI: US MAY TREASURY BUDGET -347.1B

MNI: USDA: 2024/2025 CORN PRODUCTION EST 14.86B BSL

EZ/UK Bond Supply Calendar: 3/7/15/25-Year BTP Due Thursday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

Q2 CPI Weaker Than Expected, A$ Down, Yields Fall

AUSTRALIA DATA

Australian Q2 CPI printed at 0.8% q/q in terms of the headline (1.0% forecast). This took y/y to 6.0% (6.2% forecast). The trimmed mean rose 0.9% q/q (1.1% forecast). The weighted median was also softer at 1.0% (1.1% forecast). The monthly CPI print for June was in line at 5.4% y/y, although the prior month was revised down to 5.5% y/y (from 5.6%). There AUD/USD has fallen from around 0.6775 prior to the release to lows near 0.6730. We have stabilized somewhat, last tracking near 0.6740. In the bond space, 10 year futures are up 10 ticks, the 3yr 11 ticks. More details to follow.

Energy BulletsCommodities
Energy BulletsCommodities

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.