Market News

RBA Hike Bets Surge While the Kiwi Dollar Sinks on a Hold

StoneX5 hours ago4:43

RBA rate hike odds jumped after Australia's hotter Q3 CPI report, while the Kiwi dollar fell sharply on a surprise RBNZ decision to hold rates. StoneX Media Market Analyst Matt Simpson explains what the latest inflation data means for the RBA, AUD/NZD, the Fed meeting, and ASX 200 futures. Trimmed mean inflation, the Reserve Bank of Australia's preferred gauge, stayed above target for a fourth straight quarter as services prices stayed firm. The Reserve Bank of New Zealand's surprise hold lifted AUD/NZD, while a hawkish Federal Reserve meeting adds risk for AUD/USD and ASX 200 futures. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_matt_simpson&utm_content=share 00:00 - Aussie Climbs as Kiwi Stumbles 00:27 - Australian CPI Runs Hot in Q3 01:18 - RBA Rate Hike Odds Reprice 02:03 - RBNZ Hold Blindsides the Kiwi 03:26 - ASX 200 Feels the Fed Ripple 03:58 - AUD/NZD Divergence Trade Holds Like and subscribe for more financial market insights. #StoneX #MattSimpson #RBA #Forex #ASX200 --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social