RBA expected to hike rates by 25 bps next week – UOB
Lee Sue Ann, Economist at UOB Group, suggests the RBA would hike the OCR by
Strong NFP unlikely to change the backdrop for the Fed – TDS
A 390K increase in Nonfarm Payrolls (NFP) marked another robust labour market outcome in the
USD/JPY to struggle to surpass the 131.35 cycle highs – TDS
USD/JPY continues to trade above 130. However, economists at TD Securities expect the pair to
RBA: Now looking for a 40bp rise to 0.75% next week – ANZ
Next week, the Reserve Bank of Australia will announce its decision on monetary policy. After
US: Improving labor supply is helping ease the upward pressure on wages – Wells Fargo
The employment report released on Friday showed a gain in payrolls of 390K, above the
NFP: US economy is likely to add 225k jobs in May – Reuters
Analysts at Goldman Sachs offer a sneak peek at what they expect from Friday’s US
Eurozone Retail Sales rose by 3.9% YoY in April vs. 5.4% expected
Eurozone Retail Sales fell by 1.3% MoM in April vs. 0.3% expected. Retail Sales in
GBP/USD Price Analysis: Bulls have thrown in the towel, a break of 1.2450 will be key
GBP/USD bears take control and eye 1.2450s and below. There is a price imbalance towards
AUD/USD dribbles around 0.7200 as traders brace for RBA, US inflation
AUD/USD holds lower ground within a choppy range after reversing from six-week high. Markets remain
EUR/USD Price Analysis: Corrective pullback eyes 1.0760 hurdle
EUR/USD reverses pullback from a six-week-old resistance line. Sustained trading beyond 200-SMA, firmer RSI hints