RBA May Be Getting False Signals From Labor Market -- Market Talk

WSJ23:54 ET

RBA Needs to Cut Sooner Rather Than Later -- Market Talk

WSJ23:41 ET

RBA's Hunter Offers No Guidance on Future Monetary Policy

FXStreet21:38 ET

Interest rates are falling! Interest rates are falling! Interest rates are falling! Global central banks are racing to prepare for Trump 2.0...

On Thursday, the policymakers of the European Central Bank, Swiss Franc Central Bank, and Danish Central Bank all announced interest rate cuts; this undoubtedly instills confidence that they may continue to adopt easing policies in the coming year to mitigate the impacts of unknown factors such as trade tensions and geopolitical-induced currency fluctuations.

cls.cn20:19 ET

Australia's Labour Market Defies Expectations

Business TodayDec 12 01:54 ET

Australia's employment data for November is strong, which may suppress the outlook for interest rate cuts before February.

The Australian labor market continues to withstand the pressures of economic weakness, and with another robust month of job growth, the unemployment rate significantly dropped to 3.9% in November, which may put an end to the increasing discussions about interest rate cuts in February. Economists had previously expected the unemployment rate to rise to 4.2%, consistent with recently shown data indicating the economy struggled in the third quarter. In the third quarter of this year, the economy grew only 0.8% year-on-year, marking the last time such a growth rate was recorded during the economic recession of the early 1990s. Nevertheless, the Australian Bureau of Statistics stated on Thursday that an additional 35,600 jobs were created in November.

FX678 FinanceDec 12 01:28 ET