(eToro Blog) As the Reserve Bank of Australia prepares to make a decision on interest rates at next week’s policy meeting, traders are taking into consideration the most data which reinforces analysts’ expectations of a rate cut. Earlier today, the Australian Bureau of Statistics released its PPI readings for the first quarter of the year, [...]
Australia and New Zealand 
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Aussie’s Slide Continues as RBA Bias Clears Way for Future Rate Cut
(eToro Blog) Earlier today, the Reserve Bank of Australia released the minutes of its April 3rd policy meeting, and there was explicit mention of the possibility of additional easing. Some analysts get the sense that there is also the potential not only for a single rate cut perhaps as soon as next month, but another [...]
China Data Dictates Aussie’s Destiny
(eToro Blog) Once again, the Aussie is being subjected to the whims of Chinese data, this time key GDP figures which confirm that growth in China’s economy is withering more quickly than anyone could have expected. According to the most recent data, 1st quarter GDP grew at only 8.1% in China, that’s compared to 8.9% [...]
