RBA Stevens’ speech: risk of serious inflation unlikely, housing a concern

FXStreet (Bali) - Comments from Governor Stevens’ speech on “The Economic Outlook” at a conference in Hong Kong, are now crossing the wires, with Reuters reporting the following.

reserve bank of australia gov stevens says expects period of stability for interest rates

rba's stevens says does not see risk of persistent and serious rise in inflation

rba's stevens says subdued wage growth to limit inflation, even after impact of lower

rba's stevens: rising asset prices bear watching, investors should be aware of risks in housing

lower a$ since last april will help economy, uncertain on future trajectory

rba's stevens says home building to rise strongly, export volumes already up strongly

rba's stevens says early signs of improvement in hiring intentions, business confidence

rba's stevens sees encouraging evidence that handover from mining is beginning

USD/JPY is still around 102.25

USD/JPY stays glued to 102.25 area trading at 102.31 at the moment.
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AUD buying frenzy as RBA omits to talk down AUD, positive mining transition

The combination of encouraging pro-growth headlines by RBA Stevens, coupled with the omission to talk down the AUD, led to yet another spike in the rate to 0.9183 new high.
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