Franklin Templeton has trimmed its Australian bond holdings ...Middle East

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Franklin Templeton has trimmed its Australian bond holdings
source : forex live ( Middle East ) () 40

Bloomberg (gate) had the report.

The fund's reasoning, in brief:

    recent jobs and growth data signal one or two rate cuts by the Reserve Bank of Australia this yearwhile swaps market pricing shows a 76% chance of a May rate cut, the Fund says this “feels a bit high”

    The dates for Reserve Bank of Australia meetings in 2025

    This article was written by Eamonn Sheridan at www.forexlive.com.

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