The upbeat tone of the Aussie central bank's policy statement today is starting to grate more obviously with incoming economic news, says Paul Dales at Capital Economics

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4 September 2018

The upbeat tone of the Aussie central bank's policy statement today is starting to grate more obviously with incoming economic news, says Paul Dales at Capital Economics

He contends data won't live up to the RBA's high hopes. Dales has anticipated no rate hike occurring until late 2019, if not 2020 - via WSJ

ECB's Knot: There Are Good Reasons To Complete The Banking Union, Along The Lines Of The Roadmap Agreed By The European Council - Eurofi Magazine

Industrial producer prices rose by 0.4% in the euro area (EA19) and by 0.3% in the EU28

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