RBA’s Kent: Stronger growth would push inflation up to more normal levels

More comments flowing in from RBA’s Kent, as he speaks on the Australian economy at his speech in Sydney.

Key Comments:

Stronger growth would push inflation up to more normal levels

Unemployment rate up, points to spare capacity

Lack of full-time employment growth this year due to weakness in Western Australia (WA)

High home prices, household debt still a risk but less so than last year

Higher commodity prices unlikely to lead to mining investment pick-up

United Kingdom Public Sector Net Borrowing below expectations (£5.9B) in October: Actual (£4.301B)

United Kingdom Public Sector Net Borrowing below expectations (£5.9B) in October: Actual (£4.301B)
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EUR/JPY struggling to conquer 118.00 barrier, bullish bias remains

The EUR/JPY cross seesawed between tepid gains and minor losses within a broader trading range below 118.00 handle. Currently trading in neutral terr
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