Axiory Market Commentary With Tomasz Wisniewski | Nov 15

By Tomasz Wisniewski|

Published: November 15 2022, 13:08 GMT+0

Axiory Market Commentary With Tomasz Wisniewski | Nov 15

In today’s Market Commentary Tomasz is taking a close look at data from China, where the industrial output is growing slower than expected. Chinese retail sales have fallen for the first time since May and property investment is seeing the biggest drop since early 2020. Also in focus is the Reserve Bank of Australia, which is prepared to pause its tightening cycle or return to larger interest-rate increases if the economy requires it. RBA has considered two options –- 25 basis points or 50 — at that meeting, deciding there was a stronger case for the former given the full effect of its rapid-fire hikes since May still lay ahead.

Back