Browsing Tag

Australian economy

Orbex Market Flash

AUD bulls were dealt another blow overnight as the latest data showed Australian GDP has slowed down significantly over the third quarter. Quarter on quarter, GDP grew just 0.3%, down sharply from the prior month’s 0.9% reading and well… Read More

Orbex Market Flash

Speaking earlier this morning at the CEDA Annual Dinner in Melbourne, RBA governor Lowe once again highlighted the issue of subdued wage growth in the economy. Lowe stated: "Flat real wages are diminishing our sense of shared prosperity.”… Read More

Orbex Market Flash

The Australian Dollar this week traded down to levels not seen since February 2016 as the bearish trend which has headlines 2018 continues to plumb fresh lows. The downward spiral in AUD this year has been the result of a combination of… Read More