Tag Archives: AUD
Unemployment in Australia picks up
Unemployment in Australia came in at 6.0% in June from 5.8% in May that was revised to 5.9%, while analysts expected unemployment to increase to 5.9%.
NAB Business Survey – Residential Property Survey Q2 2014
Housing market sentiment falls as house price growth slows and rental pressures continue to weaken. Local investors step up and foreign buyers less prevalent.
Consumer Sentiment – July 2014
The Westpac-Melbourne Institute Index of Consumer Sentiment rose by 1.9% to 94.9 over July consolidating on June’ssmall 0.2% rise,
NAB Business Survey – June 2014
Business conditions rose to +2 in June from -1 in May, now at their highest level since January and ending the downward trend that has emerged since the start of the year.
Weekly Leveraged Funds Positioning Data
• Leveraged funds increased their net short positions in the USD by USD1.5bn. This comes following the release of final Q1 GDP data showing a much larger contraction that initially estimated.
Australian Markets Weekly – Early Days
Speeches last week noted uncertain outlook for the Australia economy to persist for a long while yet. Mining investment to fall another 3-4% of GDP,
The Week Ahead in FX
In the week ahead, investors will be focusing on Wednesdays’ minutes of the Federal Reserve’s June meeting, with few other major U.S. economic reports on the calendar.
Retail Trade – May 2014
May’s fall in retail trade differed from market expectations which were centred on a flat outcome {CBA (f) -0.2%}.
NAB Online Retail Sales Index – May 2014
In the 12 months to May 2014, Australians spent $15.3 billion on online retail. This level is equivalent to 6.6% of spending at
RBA Board Meeting – July 2014
The decision to leave the cash rate unchanged at 2½% at the July RBA Board meeting was universally expected.
RBA Keeps Rate Unchanged; AUD Offering Less Help In Rebalancing
The Reserve Bank of Australia left its cash rate unchanged on Tuesday as widely expected and
Private Sector Credit – May 2014
Annual credit growth is running at the highest level since March 2009. Annual growth has stepped up from 3.0% to 4.7%over the past year.