Tuesday's session on international markets, although it will not bring investors any macroeconomic publications worth attention, shows some signs of capital relocation. The currencies of the Antipodes, i.e. the Australian dollar and the [...]

In the morning we also learned about the so-called "minutes" from the last meeting of the Bank of Australia. Even though the RBA kept rates at 4,35%, records showed that bankers were considering the possibility of another interest rate increase.

The US dollar depreciated sharply following a lower-than-expected CPI reading in the United States, and further declines are possible this week if Biden's talks with Xi lead to resolution of some of the tactical [...]

The Reserve Bank of Australia today announced an expected interest rate increase of 25 basis points. Importantly, it was the first such move after four meetings during which rates remained unchanged. Despite the hawkish decision [...]