Asia markets advanced on Thursday, tracking the overnight rally in the U.S., after the Fed kept rates on hold.
The new RBA governor Philip Lowe's main challenge will be to stabilize the Aussie dollar which is slightly overvalued, says UBS WM's Tan Teck Leng.
The Australian market has one of the highest payout ratios, but this could be an issue as it means firms are not reinvesting, says Russell Investments' Graham Harman.
Credit should be given to the RBA for rebalancing growth in Australia from mining to the housing and service sectors, says HSBC's Paul Bloxham.
Asian shares traded mixed as investors digested the Reserve Bank of Australia's decision to keep cash rates unchanged at 1.5 percent.
Australia's central bank kept its cash rate steady at 1.5 percent on Tuesday, a widely expected outcome.
The RBA is likely to wait for inflation to hit the lower bound of its target range before its next cut, says Emily Dabbs, economist at Moody’s Analytics.
Australia's central bank kept its cash rate steady at 1.5 percent on Tuesday. CNBC’s Matt Taylor takes a look at the market reaction.
With the Reserve Bank of Australia having eased policy last month, further easing would be surprising, says Gareth Aird, senior economist at Commonwealth Bank of Australia.
The Australian dollar’s persistent buoyancy won’t last forever, ANZ said, keeping a bearish view even as it raised its near-term forecasts.
Moody's affirmed Australia's Aaa credit rating, putting it at odds with Standard & Poor's, which put the country on watch for a downgrade.
Australia's central bank saw room for faster growth when it cut rates earlier this month, predicting below-target inflation for two more years.
TD Securities' Annette Beacher says the RBA August meeting minutes don't suggest any urgency on the central bank's part to cut rates.
Australia's low inflation is giving the central bank a free pass to cut interest rates again, says CommSec's Savanth Sebastian.
National Australia Bank's Ray Attrill expects two more 25 basis points rate cuts from the RBA, as growth could fall below trend in 2018.
Investors face another busy week in Asia, with important Chinese economic data, Australian earnings and key central bank decisions due.
The RBA said inflation was likely to remain below target until 2018, leaving the door open to more rate cuts.
The BOE faces a classic case of damned if you do, damned if you don't, reckons Michael Every, Rabobank's Head of Financial Markets Research.
GBP/USD will drop below 1.2 in the next year due to a significant current account deficit and slowing FDI, says StanChart's Asia FX strategist, Divya Devesh.
Asia markets ended mostly down Tuesday, with Australia shares lower despite an RBA rate cut, while the yen climbed amid Japan's stimulus package.