OctaFX | OctaFX Forex Broker
Open trading account

Flash: UK Inflation ready to rise reticently - Nomura

FXstreet.com (Barcelona) - Nomura economist Philip Rush notes that surprisingly soft inflation in April lowers the level of his short-term forecast.

However, he continues to add that the next move remains higher, owing to partial payback, the rebound in commodity prices and especially base effects from last year’s falls. He writes, “We still see it as fleeting, with the right conditions in place for inflation sticking close to target, albeit not sustainably below it.”

Flash: Soft Inflation led to Australian rate cuts - Societe Generale

Societe Generale Strategist, Alvin T. Tan notes that in the May 7 meeting minutes, the Reserve Bank of Australia cited a softer-than expected inflation outlook to permit it to cut the cash rate to a record low, as it seeks to boost underperforming sectors of the economy.
Read more Previous

Flash: In three words, Keep buying Dollars - RBS

"I'm a Dollar Buyer. Still a Dollar Buyer," RBS's analyst David Simmonds commented in a recent report as he also stated that "In three words, keep buying Dollars."
Read more Next
Start livechat