Domestic conditions have improved and core inflation is at a seven-year high But the external backdrop has deteriorated and policy rates elsewhere are set to be cut Bank to reduce interest rates shortly after October’s federal election The Bank of Canada …
3rd July 2019
OPEC+ has agreed to rollover its current output quotas for nine months, but weak demand means that we still expect the market to move into a surplus and oil prices to fall by end-2019 . To recap, OPEC and its allies, primarily Russia, today officially …
2nd July 2019
We expect OPEC+ to reaffirm its current output quotas for another six months when it meets next week. The group is likely to justify the move by highlighting high stocks and subdued demand prospects, but the 18% plunge in prices between mid-May and early …
28th June 2019
We expect another cut to 1.0% at the July meeting RBA has indicated that it wants the unemployment rate to fall to 4.5% Rates reaching lower bound opens door for quantitative easing We expect the Reserve Bank of Australia to cut interest rates to 1.0% at …
25th June 2019
