Tag Archives: AUD
Weekly CFTC Trader Positioning Data
Relative monetary policy and global growth expectations havebeen the primary drivers of this week’s shifts in sentiment. Theultimate signal from the FOMC has been a more robust outlook—both for the US and globally,
Finding Value in FX Carry
Global FX carry trades, where one buys the highest interest rate currencies and sells thelowest interest rate currencies across G10 and EM, have had a torrid time since 2008.
Perfect Storm Of Events Turns AUD Bears Into Bulls
A perfect storm of events has turned steadfast Aussie bears into furtive Aussie bulls recently, analysts said.
RBA Financial Stability Review (FSR)– March 2014
The RBA’s semi-annual review of financial system stability (FSR) observes that global financial conditions have been broadlyfavourable over the past six months while conditions in
Australian Markets Weekly – Exchange rate, the terms of trade and growth
Two recent RBA research papers to note: Exchange Rate Movements, and Economic Activity and Australia after the Terms of Trade Boom.
The Week Ahead in FX
In the coming week, investors will be looking ahead to U.S. data from the housing sector, as well as reports on consumer confidence and durable goods.
RBA more optimistic on the outlook for domestic growth
The March Board minutes contained few surprises. Evidence is growing that the transition from mining to non-mining ledgrowth is occurring.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to Wednesday’s monetary policy announcement by the Federal Reserve. The bank is also to publish its economic forecasts.
Weekly CFTC Trader Positioning Data
Sentiment shifts this week largely reflect the impact of investors’reactions to recent central bank & policy-related developmentsgiven that currencies had remained relatively quiet headinginto Tuesday’s position date.
Employment spike in February surprises markets
The notoriously volatile labour force series reported a 47.3K bounce in employment over February. The outcome was wellabove market expectations of a 15K rise (CBA (f): 6K).
Housing Finance – January 2014, Consumer Sentiment – March 2014
Total housing-related lending increased modestly over January following a downwardly revised fall in December. Thenumber of loans (excl. refinancing) recorded a small rise while the value of loans to investors fell by 3.3%.
Demand & house prices
We have always thought that targeting residential construction as part ofthe growth transition as mining capex rolls off was smart policy. It’ssmart because we know how to get housing activity moving.