RBA Stevens: Open to 'possibility of further policy easing'

FXStreet (Bali) - RBA governor Stevens is crossing the wires, speaking at the Economic Society of Australia, saying that the Australian Dollar should fall further, adding that the RBA is open to the possibility of further easing in order to maintain growth.

Earlier on, Sean Callow, FX Strategist at Westpac, said: "Presumably, the speech will be followed by Q&A."

WTI extends rally over 1%, EIA upbeat forecasts supports

WTI oil futures on the Nymex extends its upbeat momentum in the mid-Asian session and rallies to fresh weekly highs as markets continue to cheer higher crude oil price forecast by the Energy Information Administration (EIA) released on Tuesday.
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Moody's revises outlook on Western Australia's Aa1 rating to negative.

Moody's has revised the outlook on Western Australia's Aa1 rating to negative.
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