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Showing posts with the label AUD

The Australian dollar collapses to a 20 year low, yet Australia is no where near a recession, employment is still at record highs. RBA STARTS cutting rates on china's deeper recession, expect the price of coffee to hit $8

The Australian dollar is sitting at Two year lows of 0.61 cents, due to Trump 2.0 global trade war and China slowing down. Sticky inflation is now, returning 'inflation' as the Fed and central banks may refrain from cutting rates.

The Australian Dollar (AUD) crashes to Five year lows, 1 cent away from the pandemic crash (AUD) of 2020. Mostly due to Trump's global Trade War and China recession, sending the USD upwards and its FX peers downward. Rule of thumb: currency is a country's share price.

Markets are pricing in 'hopium' via the Fed for a 50 basis point cut on 18th September 2024 before the U.S. elections. Never mind 'sticky' U.S. inflation via the CPI and PPI.

Australian Dollar Versus the U.S. Dollar at 0.666. An omen?

Australian inflation blows out to 4% year-on-year, no longer embedded, it is actual inflation on the incline. The AUD is too low at an average of 0.68 cents, while energy inflation is being imported. The Reserve Bank of Australia will lift interest rates at their next meeting.

Australian dollar (AUD) is falling towards its 2008 and 2020 lows as China's bond contagion is probably already occurring. China bailing out massively indebted property companies will not solve their rising unemployment rate and debt crisis. All eyes on Australian bonds and AUD.

China's slowdown could be the 'one' this time, Chinese authorities stop reporting youth unemployment numbers. Eerily similar to when China underreported and stopped reporting COVID infections. Pointing to a severe recession for the Chinese economy. Australia will take a massive hit, all eyes on the AUD and Aust bonds.

Australia's June CPI prints at 5.60% from 6.83%, but still shows Australian consumers are being taxed out by higher food/housing/rents. Recession on the horizon? RBA may increase rates at their next meeting, on higher energy prices.

Australian Dollar rallies after the RBA sets the cash rate at 4.10%. Indicating to the broader markets that Central Banks bias towards further interest rates is continuing. Liquidity is beginning to tighten.

Australian inflation runs hot for April 2023 at 6.8% (estimates of 6.4%). Chinese manufacturing is spluttering out. The RBA may hit a larger rate hike at their next meeting.

*UPDATE* The Japanese YEN and Australian dollar (AUD) are now in freefall. With the YEN returning back to its 15 year lows. On the back of a China slowdown, which may turn into a recession. Food inflation is still sticky. *Update: RBA raises rate/s to 0.25% after April pause. AUD rallies. Central Banks return to tightening bias*

The Federal Reserve may increase interest rates and lift their terminal rate to a higher level. Japan and the U.K. are already in a currency crisis. Could Australia be next? As a divergence between dovish Central Banks and a hawkish Fed, may set off a wave of Foreign Exchange inflation.

No recession going into 2023. Australia's bell weather economy is stuck in persistent inflation, returning in the last quarter of 2022. Now at 7.30% from 6.1%. All eyes on China's 'covid' supply chain shock and the U.S. inflation reprieve of lower fuel costs spluttering out

The Reserve Bank of Australia has lifted rates to 2.85% still below the yield expectations of the short end of the Aust bond market at over 3.50%. The Australian dollar sold off on the decision, lifting the oil price to two month high/s.

Australian Central Bank lifts rates at 0.25%, still way below the yield expectations of short end bonds. Australian Dollar sells off as commodity inflation begins to pick up again.

Australian Dollar has collapsed through its price supports, I caught the two day trade. The Federal Reserve may trigger a 0.75% increase at their June meeting. Inflation is now out of control. A Strong U.S. Dollar will sink Asian and Oceanic currencies. May lead to a Asian/Australian currency crisis.

Australian Central bank increases interest rates to 0.85% with a 0.50% rate hike. The AUD sells as the U.S. Dollar gains bids, the U.S rate is at 1.00%. Energy/Food inflation is now chronic, seeping into everything. Will the Fed drop the big one at their June meeting?

The Australian dollar begins to slide to its pandemic 2020 lows. Government and Corporate debt are at all time highs, while household debt declines pointing to recessionary inflation conditions. Oil price in AUD is at $150. Central Banks face a conundrum after over two decades of underwriting everything.

Australian Dollar is overbought, China PMI is now in contraction with Shanghai fully locked down re: COVID out of control and low vaccine rates amongst the elderly. U.S rates now overshooting Australia's cash rate.