Tag Archives: AUD
Business Indicators – QIII 2013
Gross company operating profits roce by 3.9% in QIII to be 8.9% higher over the year.
Building Approvals – October 2013
The number of residential building approvals fell by a modest 1.8% in October, less than market expectations whichcentred on a 5.0% fall {CBA (f) -6.5%}.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. nonfarm payrolls report for November, amid expectations that the Federal Reserve will start to
Capex – QIII 2013 – data betters market expectations
The positive QIII outcome for actual business capex bettered market expectations which centred on a fall of 1.2%. The3.6% rise in capex over the quarter was broad-based.
Construction Work Done – QIII 2013
The volume of construction work done rose by a robust 2.7% in QIII. This followed an upwardly revised lift of 0.1% in QII.The result came in above market expectations which centred on
QIII Capex – What to Expect
The QIII capex release will contain figures for actual capital spending in QIII and the fourth estimate of planned 2013/14capex spending.
Australian Markets Weekly – RBA Governor knocks AUD for six
Glenn Stevens, RBA Governor, would have been a happy man when he awoke on Friday morning, to a currency which had fallen by approximately a cent from where it was when he rose to
The Week Ahead in FX
In the week ahead, the euro zone is to release what will be closely watched data on consumer prices and the unemployment rate.
RBA’s Stevens comments on 30 years of the Aussie dollar floating
RBA Governor Glenn Stevens delivered a speech on “The Australia Dollar: Thirty Years of Floating”, to the AustralianBusiness Economists (ABE) Annual Dinner in Sydney.
US Morning Update
Major Overnight Headlines * PBoC to set up ‘managed floating’ CNY rate, cut ratio of T-bonds held to maturity, increase capital account flexibility
RBA Board Minutes – November 2013
* The RBA still retain a mild easing bias. Sub-trend growth looks likely, even though confidence measures are lifting.
US Morning Update
Major Overnight Headlines * Euro Area Sept. current account surplus narrows as goods & services imports outpace exports, income falls