The Reserve Bank is still in an easing bias, guns at the ready, but a renewed threat is yet to materialise.
The RBA decided to again leave the cash rate at 3% this month.
QMastor is making good on its mission to be a little company that takes on the world.
Korea has indicated its intention to significantly increase its gold reserves as India joins the dollar-diversification drive.
The worst of the global downturn has passed and while Australia remains in relatively good shape any recovery here and elsewhere will be slow and fragile, ANZ says.
Australian employers are still reluctant to hire, but they’re not firing either, ANZ economists point out.
Inflation has likely risen slightly in June, but on a yearly basis it is to remain below RBA targets for longer, reports TD Securities.
Inflation is no threat to the US economy at present, according to TD Securities, so the group sees little chance of any interest rate hike for some time.
Weekly musings from your editor. What is really pushing up prices of commodities?
The RBA makes its latest decision on interest rates amid a number of economic data releases as the corporate side of the market takes a backseat leading into result season in August.
