How have the RBA rate hike odds change after the hot Australian CPI data earlier?
Prior to the hot Australian CPI data earlier here, the odds of a 25 bps rate hike next week were ~61%. And now after the dust has settled, they have increased to a ~72% probability. It’s not a slam dunk as market players are still reserving some caution just in case the RBA continues to […]
RWA Inc. Deepens UAE Push With High-Level Strategic Partnership, Unveils 2026 Roadmap
Real-world asset (RWA) tokenization platform RWA Inc. has struck a strategic partnership aimed at deepening its footprint in the United Arab Emirates. RWA Inc. positioned the move as a step toward “institutional-grade” tokenization in a market where regulators and developers are increasingly experimenting with blockchain-based capital formation. In a post on X, the company said […]
FX option expiries for 28 January 10am New York cut
Once again, there aren’t any major expiries to take note of on the day with the full list seen below. There are some large ones for EUR/USD but they are too far away to be of any impact. The central bank bonanza is back in town with the Bank of Canada and Federal Reserve decisions […]
How much does the average Brit need in an ISA for a £3,000 monthly passive income?
Image source: Getty Images How feasible is it for the average Brit to achieve a £3,000 monthly passive income? One that might be expected to be withdrawn indefinitely as a kind of second income? Well, if we’re talking averages, let’s bring up the data. According to recent sources, the average inhabitant of our green and […]
Could Europe trigger a debt crisis in the U.S.?
Former European Commission President José Manuel Barroso recently claimed that relations between Europe and the United States are at their lowest point since NATO’s founding. It’s hard to disagree, especially in light of former President Donald Trump’s recent remarks, such as that “Europe was created to harm the United States” and that the U.S. has […]
Mets, Grae Kessinger Agree To Minor League Deal
The Mets are in agreement with infielder Grae Kessinger on a minor league contract, reports Mike Puma of The New York Post. A client of O’Connell Sports Management, he’ll be in camp as a non-roster invitee. Kessinger is a former second-round pick who played in 48 games with the Astros between 2023-24. The right-handed hitting utilityman […]
Australian Trimmed Mean CPI quarterly 3.8% y/y (expected 3.6)
This is just a data post, I’ll be back with detail and analysis separately. Added: Case for February 25bp RBA rate hike Forecasting an RBA 25bp rate hike on February 3 Inflation casting vote for February RBA hike In brief, nearly all the readings are higher than expected. Its increasingly looking like a February 3rd […]
Has the SNB pain threshold on the Swiss franc shifted?
With all else that is happening in the major currencies space with regards to the US dollar and Japanese yen, the Swiss franc is quietly making waves since the start of the year. As the safe haven status of the dollar and yen both crumble, traders are finding safety and comfort in the franc amid […]
investingLive Asia-Pac FX news wrap: Still rising Australian CPI boosts RBA rate hike bets
At a glance: US dollar retraced most of Tuesday’s Trump-driven sell-off BoJ minutes showed continued focus on yen weakness and labour-driven inflation Australian CPI surprised sharply higher, cementing expectations of an RBA hike AUD jumped back above US70¢ as rate pricing firmed China approved first imports of Nvidia’s H200 AI chips The Asia–Pacific session revolved […]
Westpac: inflation delivers casting vote for February RBA hike
Westpac says persistent core inflation leaves the RBA little choice but to hike in February, while favouring a cautious wait-and-see stance thereafter. Summary: Westpac now expects a 25bp RBA hike in February Trimmed mean inflation seen as delivering the “casting vote” Underlying inflation momentum still uncomfortably high February move framed as likely one-off, not a […]
