RBA hikes 25bp to 4.35% on 8–1 vote; AUD constructive, AUD/NZD eyeing 1.24; US data resilient.
NBC sees euro uneven near-term on geopolitical risks, high energy prices, weak growth; modest year-end gains expected.
AUD/USD dips below 0.7150 as RBA hikes to 4.35% but signals pause; key supports remain.
Spain’s 12-month Letras auction yield climbed to 2.635%, rising 0.024 points from the prior 2.611%.
Spain’s Treasury sold six-month Letras bills at 2.357% yield, down 0.005 points from prior auction.
Commerzbank warns sterling’s rally may fade as BoE rate expectations and UK political risks shift soon.
RBA lifts rates to 4.35%, prioritizing inflation risks; forecasts higher inflation, lower growth, threatening AUD weakness.
Brazil’s FIPE IPC inflation eased to 0.4% in April, down from 0.59% in the prior period.
Rupee weakened toward 95 on foreign outflows and risk-off mood; high oil, El Nino fueled inflation concerns.
Gold rebounded above $4,550 as Gulf tensions simmered, but strong dollar and rate-hike expectations limited gains.
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