Tag Archives: Philip Lowe

After a cautious opening due to inflation data from China that suggested weaker demand, Wall Street closed in the green. The Nasdaq increased by 0.18% while the Dow Jones increased by 0.62%. Less than 1% was lost in the price of crude oil, while gold finished level at $1,925 per …

The AUD/USD begins the week on the right foot, with 0.25% gains. The positive market sentiment due to China’s covid-linked news and the US weighing lifting restrictions on China’s increased appetite for riskier assets.Amid this positive sentiment, US equity futures closed earlier due to a holiday. That, alongside China’s Covid-19 …

“Not yet at point where inflation sustainably in target,” said Reserve Bank of Australia (RBA) Governor Philip Lowe at the Australian Financial Review Business Summit on early Wednesday morning in Asia.Additional Quotes:“I recognise that there is a risk to waiting too long, especially in a world with overlapping supply shocks …

The Reserve Bank of Australia’s Phillip Lowe has said that it is ”plausible we could raise rates later this year depending on economy.” He added that he hasn’t said rates won’t go up. AUD could get a lift on such rhetoric, but there hasn’t been any knee-jerk reaction thus far.  “We have …

Reserve Bank of Australia’s Governor, Phillip Lowe spoke before the CPA Australia Riverina Business Conference and signaled a number of stances regarding the central bank’s upcoming policy. The title of Lowe‘s speech wass, ‘the RBA and the Australian Economy.’ Key Remarks The conditions for a rate hike will not be …

AUD/USD fades after two successive day gains. The pair has been pressured around 0.7345 at the start of Tuesday’s Asian session.The AUD overcame firmer US Dollar Index and Treasury yields to mark a positive week’s start before easing from 0.7371 ahead of the RBA’s latest monetary policy meeting minutes and …

“The RBA is closely watching a spike in inflation,” said the Reserve Bank of Australia Governor Philip Lowe while speaking before a conference hosted by the Universidad de Chile on early Friday morning.The policymaker has added that he did not think the rise would be sustained unless it led to …