FXstreet.com (Barcelona) - Earlier in Asia, the Australian D-MI headline CPI gauge rose on average by 0.4% in Q4, which according to NAB analysts, "points to subdued inflation trend."
The report was followed by Housing Loans and ANZ Job Ads, with the latter down for a 9th consecutive month in December; NAB argues that "business cutting back further on recruitment, still points to soft employment trend ahead..."
The bank believes that "both indicators add to further RBA easing case; the former suggests inflation no hurdle and Job Ads suggests weaker activity ahead. Both keep prospects of further RBA easing alive and a February move possible..."
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
xavier joan crawford joan crawford john goodman kendall marshall whitney houston news sylvia plath
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