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Policy makers tone was cautious - Westpac

Analysts at Westpac explained that in a week that was cut short by Thanksgiving in the US, policymakers again took centre stage - sating, that, on the whole, their tone was cautious.

Key Quotes:

"For Australia, there was an increased focus on the minutes of the November RBA board meeting following the downward revision to their inflation forecasts in the November Statement on Monetary Policy. Consistent with these revised forecasts (underlying inflation of 1.75%yr at end-2018 and 2.0%yr at end-2019), the minutes cited an expectation that inflation will pick up “only gradually.”"

Amazon has confirmed its Australian retail operations - Westpac

Analysts at Westpac explained that Amazon has confirmed its Australian retail operations will launch on Nov 24. Key Quotes: "While key aspects of th
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NZD/USd consolidates between support 0.6780 and resistance 0.6920

NZD/USD is consolidated in thin markets and without impetus although the borader picture is for a gradual squeeze higher in Kiwi continues while short
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