Stock markets mixed as rate-cut concerns persist on Nostr: UBS Expects RBA to Potentially Hike Rates in August, Supporting AUDUSD ...

UBS Expects RBA to Potentially Hike Rates in August, Supporting AUDUSD
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#c0f71ab7 ver:0.97

UBS predicts RBA may hike rates in August, supporting AUDUSD. Strong inflation data and policy divergence with the Fed contribute to the positive outlook. UBS forecasts AUDUSD to reach $0.68 by December and $0.70 by June 2025. RBA's decision depends on Q2 CPI, retail sales, and labor data. UBS recommends staying long on AUD over NZD. #RBA #AUDUSD #inflation #interestrates...

#newstr #Rba #InterestRates #Audusd #Inflation #Cpi #RetailSales #LaborData #ExchangeRate

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