Central Banks
Reserve Bank of Australia
Wage growth in Australia is the key factor for the central bank in assessing the interest rate stance, says Paul Bloxham of HSBC.
But the Reserve Bank of Australia's Board still agrees the next move was more likely up than down, assuming the economy gathered momentum as expected.
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A Reuters poll of 41 analysts had found all but one saw a steady outcome this week from the RBA.
The Reserve Bank of Australia left its monetary policy on hold and said it expected growth in the Australian economy to pick up.
Australia's first quarter inflation is still under control and there's no "quick rush" to the midpoint of the 2 to 3 percent central bank band, says Shane Oliver of AMP Capital.
The Australian economy is doing "okay" but not as well as it could do and needs to do to meet the Reserve Bank of Australia's target, says David Bassanese of BetaShares Capital.
Paul Bloxham of HSBC also says that higher debt levels are unlikely to constrain the Australian economy's growth.
Attention should be paid on the Reserve Bank of Australia's assessment of the global environment, says Joanne Masters of ANZ.
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The Reserve Bank of Australia is unlikely to move until inflation gets back into the two to three percent target zone, says Steven Milch of Suncorp.
Michael Every of Rabobank discusses why the "Aussie is a sell" in the current market environment.
The Aussie dollar could see a spurt higher as recent activity shows it testing a long-term resistance level of 81.
The country's growth was held back by exports, which offset the strength in government spending and household consumption.
There are "no smoking guns" anywhere in the Australian economy, says Annette Beacher of TD Securities.
The U.S. tax cuts and its proposed tariffs on steel and aluminum are part of the discussion about Australia's economic policies, says Richard Goyder of the AFL Commission.
Australia's wage growth should show "gradual" improvement and flow through to monetary policy later this year or in in early 2019, says Gareth Aird of CBA.
Australia's retail sector is seeing increased competitive pressures as the market changes, says Andrew Ticehurst of Nomura Australia.
The euro edged higher on Monday after a short-lived sell-off tied to Italy's inconclusive weekend election.
The Australian dollar is made of polymer, which makes it highly durable and difficult to replicate.
Australia's central bank indicated a pick-up in wage growth was necessary to ensure a much needed recovery in inflation.
Household debt will affect the RBA's pace of monetary policy adjustment, says Wayne Gordon of UBS Wealth Management.
