Australia RBA Interest Rate Decision meets expectations (2%)

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Sep 1, 2015

New Zealand: Terms of trade still expected to fall - ANZ

Philip Borkin, Senior Economist at ANZ, notes that despite New Zealand released a solid terms of trade report of 1.3% q/q in June - above expectations -, terms of trade are still expected to fall over coming quarters.

RBA leaves rates on hold at 2%, AUD adjusting to commodity levels

The RBA kept its cash rate on hold at 2% as expected, providing yet again another neutral view on rates, while noting that AUD is adjusting to lower commodity prices.