EUR/USD
1.15623
0.011%
Gold
4346.51
0.061%
Oil
78.222
2.559%
USD/JPY
158.545
0.628%
GBP/USD
1.35022
0.037%
GBP/JPY
214.077
0.665%
Real-time News
On August 10th, the Commonwealth Bank of Australia stated that its current baseline expectation is for the Reserve Bank of Australia (RBA) to maintain its current interest rate stance and continue using hawkish language. This combination of "holding steady but not turning dovish" means that the interest rate decision itself has limited guidance for the short-term movement of the Australian dollar. A more market-relevant signal is the expectation that the RBA will raise its unemployment rate forecast while simultaneously lowering its overall and core inflation forecasts. A substantial downward revision to the inflation forecast, even if the RBA maintains a pro-rate-hike stance in its rhetoric, would be interpreted by the market as opening the door to further easing. Further escalation of the Middle East conflict could lead to additional cost shifts in the third quarter, a factor of uncertainty that could force the RBA to adopt a more hawkish stance than simply supported by data.Iranian Foreign Ministry Spokesperson: Whether the negotiations are conducted secretly or openly, the Iranians are shrewd "chess players".UEFA, AFC, and CONCACAF have stated that FIFA has not acknowledged any fundamental flaws in the proposal itself.The Eurozones August Sentix investor confidence index will be released in ten minutes.UEFA, AFC, and CONCACAF issued a joint statement saying that FIFA President Gianni Infantino betrayed trust "through deception" in the proposal to sell World Cup shares.
