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The Reserve Bank of Australia (RBA) is likely to keep interest rates on hold at 1.5% for a 17th consecutive meeting, due at 03:30GMT. “The OIS strip is extremely flat, the market increasingly of the view the RBA is highly unlikely to lift the cash rate before the Nov meeting”, according to TDS Analysts. Also, we are unlikely […]
By Masayuki Kitano SINGAPORE (Reuters) – The dollar edged higher versus the yen on Tuesday, supported by receding fears about a trade war stemming from U.S. President Donald Trump’s proposed tariffs on imported steel and aluminum. The dollar had tumbled to 16-month lows against the safe-haven yen late last week as concerns about a trade […]
Investing.com – Gold prices rebounded and were flat on Wednesday, after turned sharply lower overnight following Federal Reserve Chairman Jerome Powell’s comment that he expected the economy to be strong during the next two years, and that his personal outlook for growth has firmed since the end of last year. Gold Futures for April delivery on […]