Non-farm payrolls shake up markets, here are the top 3 scenarios of what could happen.
Philip Lowe, Governor of the Reserve Bank of Australia, made the following statement:
The National Party has made a clear showing in recent polls, with the National Party got 44.4%, the Labor Party 39.9%, the Green Party 6.4%, the Labor's Alliance with the Greens got 46.3%.
During the early morning hours of the European session, the UK Retail Sales figures were released, which came in much better than expected, sending GBP higher across the board.
ANZ expects that Reserve Bank of Australia to join the global monetary tightening cycle by raising interest rates twice in 2018 by 25 basis points in May and the same in the second half of 2018, as the global economy grows stronger and more widely.
The Financial Times presented a sneak preview of Teresa May's speech to be delivered in Florence on Friday, citing officials briefed on the discussions. Angela Merkel, the German Chancellor through the British government, was told to expect British Prime Minister Teresa May to pay at least 20 billion Euros to fill the EU budget hole after the departure of Britain.
Donald Tusk, president of the European Council, is heading to London next week to meet British Prime Minister Theresa May to discuss Brexit. Tusk met May on the sidelines of the UN General Assembly in New York and agreed to meet next Tuesday.
The current account deficit in the United States rose to its highest level since 2008 during the second quarter of 2017 amid a decline in primary and secondary income. The current account measures the flow of goods, services and investments entering and leaving the country.
The following are the highlights of the Reserve Bank of Australia's monetary policy meeting minutes in September:
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