Wednesday, 20 June 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
RBA Shows Investment Confidence, Doubts on Consumer as Rate Held
Tuesday, 7 November 2017 11:12 WIB | FISCAL & MONETARY | AustraliaRBA

Australia central bank showed increasing confidence in the investment picture outside mining while retaining concerns about the prospects for household spending as it kept interest rates at a record-low 1.5 percent.

 œThe bank™s forecasts for growth in the Australian economy are largely unchanged, Governor Philip Lowe said in a statement Tuesday. œThe outlook for non-mining business investment has improved, with the forward-looking indicators being more positive than they have been for some time.

œOne continuing source of uncertainty is the outlook for household consumption. Household incomes are growing slowly and debt levels are high.

œWage growth remains low. This is likely to continue for a while yet, although the stronger conditions in the labor market should see some lift in wage growth over time.

œIn underlying terms, inflation is likely to remain low for some time, reflecting the slow growth in labour costs and increased competitive pressures, especially in retailing.

Australian dollar buys 76.90 U.S. cents at 2:56 p.m. in Sydney compared with 76.81 before the decision.

Source : Bloomberg

RELATED NEWS
Draghi: ECB to Be Patient in Determining Timing of First Hike...
Tuesday, 19 June 2018 15:41 WIB

œPanduan lanjutan ke depan ECB dengan jelas memberi sinyal bahwa ECB akan tetap bersabar dalam menentukan waktu kenaikan suku bunga pertama dan akan mengambil pendekatan bertahap untuk menyesuaikan ...

ECB plans to bring its bond-buying program to a close in December...
Thursday, 14 June 2018 19:16 WIB

Bank Sentral Eropa (ECB) mengatakan akan mengakhiri program pembelian obligasinya hingga akhir tahun ini. ECB dalam pernyataannya pasca pertemuan Dewan pemerintah, mengatakan akan melanjutkan program...

Fed Hikes Interest Rates, Now Sees 4 Moves This Year...
Thursday, 14 June 2018 01:14 WIB

Federal Reserve pada hari Rabu memutuskan untuk menaikkan suku bunga acuan federal funds-nya sebesar seperempat persen poin ke kisaran 1,75% dan 2% dan mengatakan akan menaikkan suku bunga sebanyak em...

Fed's Powell Says Central Bankers Facing a `Challenging Moment'...
Friday, 25 May 2018 20:46 WIB

Ketua Federal Reserve Jerome Powell mengatakan bank-bank sentral seharusnya tidak mengambil kebebasan mereka begitu saja pada saat kepercayaan di lembaga-lembaga publik berada "di terendah dalam berse...

Fed minutes show support for June rate hike...
Thursday, 24 May 2018 01:07 WIB

Pejabat Federal Reserve dalam pertemuan mereka pada awal Mei menegaskan bahwa mereka berencana untuk menaikkan suku bunga pada bulan Juni dan tidak khawatir mereka berada di belakang kurva inflasi. "...

POPULAR NEWS
Gold Notches Modest Bounce From Lowest Close of 2018

Gold futures notched a modest gain on Monday,...

Wall. St., Main St. See Higher Gold Prices

Wall Street and Main Street both look for gold...

Gold gets no traction from haven demand, pinned near 2018 lows

Gold futures fell early Tuesday as potential...

LATEST NEWS
USD/JPY back in play near 110.00 after recovering from Tuesday's dip

The USD/JPY is trading close to the 110.00 handle in early Wednesday action following Tuesday's drop-and-bounce as broader markets roiled following a notable ramp-up in the trade war rhetoric between the US and China. Another round of tariffs from...

Tokyo Stocks Open Slightly Higher

Tokyo stocks opened higher on Wednesday in cautious trade amid lingering fears of a trade war after US President Donald Trump threatened fresh tariffs on Chinese imports. The benchmark Nikkei 225 index edged up 0.31 percent or 68.21 points to...

HK stocks hit over 4-month low as Sino-U.S. trade spat escalates (Review)

Hong Kong stocks closed at their lowest in more than four months, tracking other Asian markets roiled by escalating China-U.S. trade frictions. The Hang Seng index closed down 2.8 percent at 29,468.15, its lowest since early February, while the...