Board agreed financial conditions need to be restrictive

Board agreed financial conditions need to be restrictive

The Reserve Bank of Australia (RBA) published the Minutes of its March monetary policy meeting this Tuesday, which showed that board members agreed that further tightening would likely be needed. Additional takeaways: The board agreed that financial conditions needed to be restrictive.Members agreed that further tightening would likely be needed, but differed on the timing.Oil […]

Weak output and energy shock weigh – Commerzbank

Weak output and energy shock weigh – Commerzbank

Commerzbank highlights that Thailand’s February manufacturing output was flat year-on-year, hurt by refinery maintenance and softer external demand linked to a strong Thai Baht (THB). Authorities have cut fuel subsidies and excise taxes as Oil prices surge, but fiscal space is constrained. The Office of Industrial Economics still projects modest 2026 output growth, subject to […]

Growth resilience but downside risks – BNY

Growth resilience but downside risks – BNY

BNY’s Head of Markets Macro Strategy Bob Savage highlights that improving regional PMI momentum, South Korea’s WGBI inclusion and solid export data support growth across Asia-Pacific, but geopolitical uncertainty and higher Oil prices weigh on FX. The bank sees investors focused on risk reduction, with policy support cushioning equities while remaining negative for regional currencies […]