troublesome t-bills
Last night’s four week US T-bill auction result was a little odd. The auction of US$30bn of four week paper
macro, politics, markets, ambivalence
Last night’s four week US T-bill auction result was a little odd. The auction of US$30bn of four week paper
According to Gallop’s daily survey, US economic confidence has crashed as a result of the government shutdown. The FOMC decision
The October RBA Statement had only a few changes from their September statement. Overall, my assessment is that there is
The monthly US PCE report is one of my favourite. US consumption is not just a bit part of the
The Federal Reserve’s decision NOT to announce a slowing of the pace of their asset purchases at their September meeting
This is the five year anniversary of the collapse of Lehman Brothers, and the steady stream of retrospectives has given
I have been of the view that the Fed would announce a tapering of their Treasury purchases at the upcoming
The RBA set the cat amongst the pigeons yesterday, by dropping the ‘scope to ease’ section from their concluding paragraph.
The September RBA meeting is unlikely to be a big event. While i am sure that Gov Stevens still believes
We’re now on the run into the September FOMC meeting. The key report will be this Friday’s non-farm payrolls report
The RBA changed the language of their concluding statement in the minutes of the August meeting. Gone was the following
The market got the RBA statement wrong today — Australian interest rate futures sold off and the AUD rallied following