Will Banks (@willbanksft) 's Twitter Profile
Will Banks

@willbanksft

International Fintech & Banking Expert | C-Suite Exec | Entrepreneur & Innovator | Executive Advisor | Adjunct Industry Fellow | Expert in Residence.

ID: 1657177157309984769

calendar_today13-05-2023 00:13:31

41 Tweet

43 Followers

22 Following

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Today's highlights: - US dollar index rose to 2-month highs amid risk aversion, stronger US PMIs & hawkish Fed talks - AUDNZD is down over 1% this week as the focus shifts to the RBNZ monetary policy meeting today

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Today's highlights: - The Kiwi worst performer of the day despite RBNZ increasing the cash rate by 25 bps to 5.50% - AUDNZD jumps 150 pips from 1.0560 to 1.0725, the highest since 15 May - The dollar higher treasury yields - Macro: EU GDP US GDP wkly unemplymnt claims

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Today's highlights: - Dollar remains strong as better-than-expected - US dollar Index (DXY) rallies from a low of 103.84 to 104.31 - Market events today: AU & UK retail sales, US PCE index followed by durable goods orders

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Today's highlights: - Aussie Retail Sales rose 0% in April - US Core PCE, the Fed’s preferred gauge of inflation, rose to 4.7% Vs 4.6% expected - Pound gains strength after Retail sales rose by 0.5%

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Mark McGowan has announced his resignation as WA Premier, saying the appointment was “way beyond what I could ever have imagined my career would amount”. Follow updates here. #auspol bit.ly/3IGGPr1

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Today's highlights: - Aussie dollar gains as market sentiment improves on the US debt ceiling agreement - Market events today: AU & NZ building permits, Spain CPI and US consumer sentiment

Will Banks (@willbanksft) 's Twitter Profile Photo

Today's highlights: - Australian Consumer Price Index accelerated in April – 6.8% YoY Vs 6.3% previously - Downbeat Chinese economic data weighs on market sentiment and on the Aussie - US JOLTS job openings came at 10.10M vs 9.37M expected

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Today's highlights: - AUDUSD eye 0.6600 after rising the most in seven weeks - Upbeat Chinese data & US dollar weakness help the Aussie recover above 0.6550 - Eurozone inflation rate drops to its lowest level in 15 months in April - US unemployment rate & non-farm payrolls (NFP)

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Today's highlights: - Aussie expectations of 25 bps rate hike by the RBA - US unemploy rate rises to 3.7%; NFP rose by 339k vs 190k - Macro events: US ISM Services PMI (Mon); AU RBA monetary policy meeting (Tues); A, US unemployment claims (Thursday); China CPI & PPI (Fri)

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Today's highlights: - US ISM Services PMI declined to 50.3 in May from 51.9 in April - ECB president Lagarde says there is no clear evidence that underlying inflation has peaked  - Key events today: AU current account followed by RBA’s monetary policy decision & EU retail sales

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Today's highlights: - RBA increases interest rates to 4.10% with more rate increases to follow - Aussie was the best performer among the G10 currencies - ECB set to hike interest rates by 25 bps next week - China trade balance & Bank of Canada’s monetary policy meeting

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Today's highlights: - RBA Gov Lowe more rate hikes - China’s trade balance deteriorates to $65.81 billion versus $92.0 billion expected - CAD best performer yesterday as Bank of Canada surprised markets with 25 bps rate hike to 4.75% -AU trade bal & US weekly unemployment claims

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Today's highlights: - RBA Gov Lowe more rate hikes - China’s trade balance deteriorates to $65.81 billion versus $92.0 billion expected - CAD best performer yesterday as Bank of Canada with a 25 bps rate hike to 4.75% - AU trade bal & US weekly unemployment claims

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Today's highlights: - USD weakens after jobless claims hit highest since 2021 - Odds for a 25bps hike from the Fed next week have dropped to 25% - EURUSD hits a two-week high

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Today's highlights: - US Fed keeps interest rates unchanged but signals more hikes are yet to come - The ECB meets today and is expected to hike interest rates by 25 bps

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Today's highlights: - AUDUSD at 16-week highs just below 0.6900 - AU unemployment rate drops to 3.6% with 75.9k jobs added in May - ECB raises interest rates by 25 bps to 4.00% with more hikes to follow