RBA repeats further progress on policy goals likely to be only gradual

Market news

20 March 2018

RBA repeats further progress on policy goals likely to be only gradual

CPI inflation expected to rise to a little above 2 pct this year
GDP growth expected to exceed potential growth in 2018
A$TWI still within range of past couple of years
Strong employment had not yet led to a "definitive pick-up" in wages growth
Repeats rising A$ would slow pick up in economic growth, inflation
Housing markets in Sydney and Melbourne had slowed, stable elsewhere

RBA: U.S. fiscal policy to be significantly more expansionary, add to inflation there

Germany: Producer Price Index (MoM), February -0.1% (forecast 0.1%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.