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investingLive Asia-Pacific market news: Saudi-Houthi attacks and Gulf storm lift oil

Houthis claim strikes on three Saudi sites including Riyadh airport, unconfirmed Households weather RBA hikes as debt-to-asset ratio hits 1997 low, Deutsche Bank says RBI decision today: most economists expect a hike to 5.50%, MUFG sees a hold Ether fi joins the stablecoin rush: why every crypto platform wants its own dollar RBI expected to hold at 5.25% today, MUFG sees two hikes by February Add…

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Households weather RBA hikes as debt-to-asset ratio hits 1997 low, Deutsche Bank says

Deutsche Bank's argument is hawkish at heart. If each hike does less damage to household cash flow than in the past, the RBA may need to do more to slow demand, which keeps a fifth hike in November in play and supports the short end of the Australian yield curve. That would also lend some support to the Australian dollar against currencies where central banks are closer to the end of their…

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