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Aussie dips, UK braces itself, Powell ready for a grilling

NAB Morning Call

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Introduction

The Aussie dollar fell 1%, down to 67.8 US cents this morning. The pound is down 0.3%, the Japanese yen up 0.4% and the CNY down a quarter percent. We'll look at that today and UK CPI today down a little presumably. But down enough to calm the BOE down a bit. Jerome Powell in front of a House committee today will he give anything away? Anything new? Could he accidentally slip out of central bank speak momentarily? It's Wednesday, the 21st of June, 2023. And don't forget if you are an Australian fixed income investor,. If you haven't voted yet in the Kanga News Survey, which is

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