Tag Archives: AUD
Building Approvals – November 2013
The drop in building approvals in November was a little larger than market expectations centred on a fall around 1% (CBA(f):-1.0%). Approvals surged over 2013,
International Trade – November 2013
The November trade shortfall of $118m came in much lower than market expectations which centred on a $300m deficit{CBA (f) -$600m). Australia has been running monthly trade deficits since December 2011.
The Week Ahead in FX
In the week ahead, the Fed is to publish the minutes of its December meeting on Wednesday, while the U.S. jobs report for December is scheduled to be released on Friday.
RP Data House Prices – December 2013
The RP Data-Rismark series indicates that dwelling prices rose by a solid 1.4% in December. The monthly lift in pricestook annual growth over 2013 to 9.8%.
The Week Ahead in FX
In the week ahead trading volumes are expected to remain light, with many markets closed for the New Year’s holiday. Meanwhile, China is to release closely-watched data on manufacturing activity,
The Week Ahead in FX
In the week ahead trading volumes are expected to remain light due to the Christmas holiday and as many traders already closed books to lock in profit before the end of the year,
The Australian economy & financial markets in 2014
The US, EU and Asian economies have shown an improving growth outlook in recent months that should carry into 2014. It hasbeen a positive development for financial markets to see downside growth risks and volatility receding.
Australian Markets Weekly – 2014 outlook: exports stronger; local activity weak
Australia’s economy is expected to gradually accelerate during the course of 2014, reaching a growth rate of about trend by the end of the year. This outlook will not create enough jobs to stop unemployment rising up through 6% and
The Week Ahead in FX
In the week ahead, investors will be focusing on Wednesday’s outcome of the Fed’s monthly policy meeting, and a press conference with Chairman Ben Bernanke will be closely watched.
Weekly CFTC Trader Positioning Data
Sentiment appears to be building over the domestic stories ra-ther than a broader USD move driven by talk of tapering. The data highlight this well with notably mixed positioning against the USD, as CAD, AUD and
Consumer Sentiment – December 2013
The Westpac-Melbourne Institute Index of Consumer Sentiment fell in December to a five-month low of 105.0. It is,however, still in positive territory (a level above 100 means that the number of optimists outweighs the number ofpessimists).