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Reports Fed’s Powell said to say European slowdown is more than Fed expected

There are more wires coming through with comments from Fed’s Powell who has said to have been saying that the European slowdown is more than Fed expected. 

Extra reading:

  • Fed’s Powell: China soft patch affected us growth outlook

RBA Financial Stability Review released: Growth forecasts have also been revised down and there are risks of a sharper downturn

Key topics of interest were their assessment of the housing market, tightening lending practices, and short-term funding rates: Growth in the major ad
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AUD/USD: Cold response to RBA’s financial stability review, China data in spotlight

AUD/USD is trading near 0.7130 after the release of RBA’s financial stability review, China data in focus now.
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