RBA expected to hold interest rate at 4.35% as markets reassess hike bets

RBA expected to hold interest rate at 4.35% as markets reassess hike bets

The Reserve Bank of Australia (RBA) is on track to keep the Official Cash Rate (OCR) steady at 4.35% for the second consecutive meeting on Tuesday. The decision will be announced at 04:30 GMT, accompanied by the Monetary Policy Statement (MPS) and updated economic forecasts. RBA Governor Michele Bullock’s press conference will follow at 05:30 […]

Citi Mexico Survey expects Banxico hold, USD/MXN ending 2026 at 17.90

Citi Mexico Survey expects Banxico hold, USD/MXN ending 2026 at 17.90

Citi Mexico released the Expectations Survey on Monday, in which the central bank polled 35 economists to gather their forecasts for monetary policy, the USD/MXN exchange Rate, inflation expectations, and economic growth. Citi’s survey shows that the majority of the economists polled expect monetary policy to remain steady at 6.50%. Seven of those 35 expect […]

Weak payrolls and softer retail sales – TD Securities

Weak payrolls and softer retail sales – TD Securities

TD Securities notes July payrolls surprised sharply to the downside, with headline jobs dragged by government hiring, while private employment stayed near breakeven. The firm expects July Retail Sales to post the first decline since January, aligning with softer labor data, though they still see overall economic activity as stable given mixed but expansionary ISM […]