According to institutional analysis, Australian bond traders have a lot to watch this week at home and abroad. The market generally expects the Federal Reserve FOMC to start cutting interest rates this week, and the real controversy is the extent of the cut. If the Fed cuts interest rates by 50 basis points, it may intensify attacks on the Reserve Bank of Australia's hawkish remarks, highlighting that the Reserve Bank of Australia lags behind the increasing number of global central banks that are cutting interest rates.
Recently, the Reserve Bank of Australia has been criticized for "destroying the economy" with high interest rates. As for Australia's domestic situation, the country's September employment data will be released on Thursday. Economists expect jobs to increase steadily and the unemployment rate to fall to 4.1%. (Jinshi)