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10 Aug 2025

RBA & US CPI on the radar

• Mixed signals. US equities rose on Friday. Bond yields ticked up. Limited net moves in FX. AUD & NZD tracking above their 1-year averages.• RBA focus. After surprising by holding rates steady in July, RBA expected to cut this week. Given inflation & job trends will the RBA turn more ‘dovish’?• Event Radar. In addition to the RBA the latest jobs figures are out this week. In the US CPI inflation & retail sales are due, as is the China data batch. Global Trends A mixed performance across markets at the end of last week, with limited new news...

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