AUD

RBA says its pandemic cheap lending policy to business failed (sort of)

AUD traders note - Reserve Bank of Australia Governor Lowe speaking Wednesday Sydney time

Australian business confidence falls to -4 (prior 0)

Australia monthly consumer sentiment survey +3.0% m/m (prior -6.9%)

Australian weekly consumer confidence survey up a touch to 82.9

AUDUSD dips below 200 hour MA. Test lows for the day

• Bounced off MA earlier today

MUFG trade of the week: Staying short AUD/JPY

• AUD/JPY up 27 pips to 92.79 today

Australian dollar climbs to a session high above 0.6800 as the dollar sags

• AUD/USD up 35 pips on the day

Australian PM announces government will set a price cap for gas (AUD12) and coal (AUD125)

Westpac. Australian economy likely to stall in 2H 2023

• Forecast from Westpac

Australia's S&P/ASX 200 index up 0.4% in early trading

• Looking to snap a 3 day decline

RBA publishes two crypto related articles in its regular Bulletin

Australian October exports and imports both fell, trade surplus higher than expected

Australia data shows "broad-based inflation pressures" & wage growth ahead of RBA forecast

"A sharp economic slowdown is in prospect for 2023" (for Australia)