News Headline Summary
After the market close in Australia yesterday, Reserve Bank of Australia's Stevens said the RBA was prudent on November 6th to sit still for the moment
- Inflation is a bit on the high side but not a major problem.
- Reiterated the RBA board felt more easing might be required.
- AUD is a bit high.
Analysis details (22:13)
- Comments were largely in-line from what we heard yesterday in the RBA minutes.
20 Nov 2012 - 22:11
Subscribe Now to
Click here for a 1 week free trial
provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts