United States Redbook Index (YoY) increased to 9.4% in June 12 from previous 9.1%

Jun 16, 2026

RBA: Tightening bias under steady rates – BNY

BNY’s Bob Savage highlights that the Reserve Bank of Australia kept its cash rate unchanged at 4.35% but maintained a clear tightening bias. The Australian central bank emphasized that further rate hikes remain possible if inflation pressures persist.

US Dollar: Limited downside as Fed caution persists – OCBC

OCBC’s Sim Moh Siong argues that recent risk-on moves following the US‑Iran understanding have only produced a modest pullback in US yields and the Dollar. He highlights AI-driven US growth, Fed event risk and Oil dynamics as supporting USD resilience.