Australian Economy

Following the hawkish rhetoric from Fed officials last week, the markets will be prepared for this Friday's payrolls report, which could cement expectations for a March rate hike which is already looking like a done deal. Besides the…
Read More

The US Dollar advanced further during at the beginning of the week but failed to hold on Thursday and Friday, despite the fact that most of the economic releases were positive. This fact strengthens the idea of the Federal Reserve rate hike…
Read More

After a rather busy week which saw new economic reports for the month of January, the markets will be slowing down this coming week with most of the data confined to second-tier from the US, UK, and Europe. Standing out from this will be…
Read More

Last week, Australia posted a trade surplus of $1.2 billion in November, which was the first time since March 2014. November's trade surplus came after October saw a deficit of $1.1 billion which was higher than the forecasts of $0.5…
Read More

During the Asian session today, all eyes were on inflation figures from Australia which, unlike other nations, publishes inflation data on a quarterly rather than monthly basis. Today’s figures showed a positive surprise, which sent the…
Read More

Economists divided on RBA’s policy decision this week Forecasts point to a 25bps rate cut, expected to bring down interest rate from 1.50% to 1.25% Latest quarterly inflation data shows a QoQ increase of 0.40% or an annualized…
Read More

Image via UNIDO.  Sulaiman Al-Herbish, Director General, the OPEC Fund for International Development (OFID) at Vienna Energy Forum 2015 Today’s Economic events UK Rightmove HPI m/m 1.30% vs. 1.30% previously Australia new motor…
Read More

Today’s Economic events Australia MI Inflation Expectations 3.60% vs. 3.40% previously Australia employment change 26.1k vs. 18.6k Australia unemployment rate 5.70% vs. 5.90% Switzerland PPI m/m 0.0% vs. -0.20% Eurozone final…
Read More

The Australian Dollar continues its uptrend despite the risks of verbal interventions from the RBA. Earlier today, RBA Governor Glenn Stevens spoke at an ASIC event in Sydney. The Australian dollar was trading cautiously as investors were…
Read More

On Wednesday, the AUD/USD flashed in a knee-jerk rally of around 30 pips, getting close to the 0.7050 handle and reaching towards 0.7000 as good data came out from the Chinese officials regarding their trade volume growth. The fairly…
Read More