Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Westpac note that the "northern summer's risk rally and USD rout extended to AUD/USD 0.74 on 1 Sep. Since then, headwinds have sprung up, including US equity wobbles as the election looms and fiscal support wanes, along with a rebound in Covid-19 cases in the US and Europe. The RBA's dovish shift adds weight to the A$, with consensus growing for not just cuts in official rates to 0.1% in November but some form of QE. Trade below 0.70 may become frequent near term. But this would be a buying opportunity. The RBA is still not attracted to negative rates and Australia's historically large trade surpluses provide some insulation. Moreover, we expect an improvement in risk appetite post-US election and aggressive Fed easing, undermining USD multi-month. We retain our 0.75 year-end target."