
RBA’s new forecasts, no jobs data from the US
Tuesday 3rd February 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWith markets all but certain the RBA will lift rates today, attention turns to the Bank’s updated forecasts. Meanwhile traders navigate a week without US jobs data thanks to Washington’s partial shutdown. A stronger US dollar, buoyant equities and rising bond yields set the backdrop, alongside a hawkish market reaction to Kevin Warsh’s Fed nomination and a punchy US ISM showing growth in orders and production but weaker employment. Oil has slumped, gold has tumbled, China’s…
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