Katrina Ell of Moody's Analytics discusses on Australia's labor market. She says she expects a bit more improvement in wage growth in the country.
Shares in Asia mostly rose on Thursday after the U.S. Federal Reserve announced it was keeping interest rates on hold, and indicated that no more rate hikes would be coming in 2019.
Shares in Asia were tepid on Tuesday, ahead of a closely watched meeting by the U.S. Federal Reserve set to kick off later in the day stateside.
Andrew Ticehurst of Nomura Australia says the labor market is a key factor for the Reserve Bank of Australia to consider in moving interest rates, and his base case is that the unemployment rate in the country increases.
Annette Beacher of TD Securities weighs in on the Reserve Bank of Australia's next move. She also says a change in Australia's government is more realistic than a recession in the country.
Diana Mousina of AMP Capital says Australia's GDP growth is likely to disappoint the expectations of the central bank for 2019.
Paul Bloxham of HSBC says the Reserve Bank of Australia may want to "keep its head down" ahead of the country's upcoming elections and budget announcement.
Divya Devesh of Standard Chartered Bank says the Reserve Bank of Australia is watching the labor market "very closely" and could cut rates in the fourth quarter of 2019.
America's economic expansion is approaching a big milestone. If the U.S. economy keeps humming until July 2019 it would be the longest period of growth on record. The expansion would be exactly one decade and one month old by then. But there's another country with an even more impressive run. Australia hasn't had a recession in 27 years.
Shane Oliver of AMP Capital says the pressure on the European Central Bank is "immense," and it will likely need to provide cheap financing to its banks.
Softbank Group soared more than 17 percent on Thursday, on the back of its announcement on Wednesday that it would purchase up to 600 billion yen ($5.46 billion) of stock in its largest ever buyback.
The Reserve Bank of Australia (RBA) trimmed its forecasts for growth and inflation in a sign that a rate hike was far off the horizon even as it met expectations in leaving policy at a record low 1.50 percent for a 30th straight month.
The Reserve Bank of Australia kept its cash rate unchanged at 1.5 percent and warned about increasing downside risks to global growth.
Annette Beacher of TD Securities says she doesn't expect the Reserve Bank of Australia to cut interest rates, in part because of the "strong trade dynamics" in the country. She says it is "fair" for them to hold their ground.
Sean Callow of Westpac Bank says the Australian dollar could be trading at around 69 American cents at the end of 2019 if the Federal Reserve raises interest rates.
Peter Dragicevich of Suncorp lays out his expectation for sterling and the U.S. dollar over the coming months.
Andrew Ticehurst of Nomura Australia says to expect more tax cuts from the Reserve Bank of Australia that will help support the housing market.
Christian Lawrence of Rabobank explains why the next interest move by the Reserve Bank of Australia is " more likely to be a cut than a hike."
The Reserve Bank of Australia made the announcement following its monthly policy meeting and its decision was in line with expectations.
Gareth Aird of the Commonwealth Bank says an acceleration in wages needs to persist before a rate rise comes onto the agenda of the Reserve Bank of Australia.