RBA – Page 12 – ricardian ambivalence

Sep RBA & the $100 Iron Ore trapdoor

Market expectations for tomorrow’s RBA meeting are very low – at close on Monday the OIS market had ~4.5bp of

The August Manufacturing PMI for China printed at 49.2pts, down 0.9pts from July and 0.8pts below the median estimate. The

Last week’s FX related posts (1, 2, and 3) raised a lot of questions in the Comments section. Here are

Forget efficient markets, in Fixed Income & FX Carry Is King. So it should be no surprise that carry has

Chris Joye linked to our post on the cost of FX intervention: which got the readership up… It also got

Today’s Q2 wages data (+10bps to +1%q/q v. mkt +0.8%q/q) makes it very hard to see the RBA easing rates

Prof. Warwick McKibbin has gone a bit rogue since leaving the RBA Board. In May, he warned that too deep

At first blush, the August RBA meeting seems a little boring – however i think that it is a mistake

TM comes to the same conclusion as i have, mostly for the same reasons: These would broadly point to rates

The short term outlook for the RBA is now pretty clear – it’s for a period of steady policy rates

RBA Gov Stevens today gave a speech entitled The Lucky Country in which he laid out the RBA’s view of

Prior to the RBA’s July meeting, my hunch was that the RBA would drop back to a weak easing bias.