Reply To: Traders Market Weekly: Inflation, Banker Risk with Fed, ECB and BoJ

08 Jun '23 at 7:46 am #59953
Truman
Participant

Australia’s April trade surplus AUD11.158 bln (expected AUD14.000 bln; last AUD14.822 bln). April Imports 2.0% m/m (last 4.0%) and Exports -5.0% m/m (last 4.1%)

UBS expects that the Reserve Bank of Australia will announce another 25-bps rate hike at the August meeting.