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Tuesday, December 9, 2025

European Markets Wrap-Up: RBA's Bullock: If data suggests inflation not slowing, that will be considered in February

Tuesday, 09 Dec, 2025

Central Banks

RBA's Bullock: If data suggests inflation not slowing, that will be considered in February

If data suggests inflation not slowing, that will be considered at February board meeting Board wants to give signal that risks have tilted to the upside The RBA has officially turned hawkish today an

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Central Banks

RBA's Bullock: Discussed circumstances in which we might have to tighten

Did not explicitly consider case for a rate hike this meeting Discussed circumstances in which we might have to tighten Did discuss what they might have to do if rates need to go up Need to be cautiou

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Central Banks

Full text of the RBA decision on Dec 9, 2025

The statement was out earlier and Bullock will speak soon: At its meeting today, the Board decided to leave the cash rate unchanged at 3.60 per cent. While inflation has fallen substantially since its

Stock market update

Nikkei trades modestly higher

The Nikkei is up 0.2% in morning trade in what would be the second day of gains. We are pushing towards the top half of the range over the past month but don't appear to be in a hurry to get there.

Central Banks

RBA decision: Case rate set at 3.60% vs 3.60% expected

Prior was 3.60% The decision was unanimous The last cut was in August The next decision is Feb 3 Highlights from the statement: Recent data suggests risks to inflation have tilted to the upside, but i

News

The economy has turned into a casino

Gambling, sports betting, crypto speculation and now online trading are part of a bigger trend of deregulation of vice and the lack of predictable pathways to succeed in the modern world. Here is a gr

Central Banks

What is priced in for the Reserve Bank of Australia ahead of today's decision

The RBA decision is at 2:30 pm Sydney time or 0330 GMT or 10:30 pm in New York. There is a news conference an hour later and that will be critical. I find the RBA to be a critical central bank to watc

Education

Some classic investing wisdom from Charlie Munger

It's hard to believe that Charlie Munger died two years ago but with the passing of time, his advice remains some of the best stuff ever said about investing. Here is a great one: "It's amazing how in

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News

PBOC sets yuan mid-point at 7.0773 vs 7.0730 last close

The latest yuan fix is out.

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