Tag Archives: AUD
Australian Markets Weekly
The wrangle over Australia’s debt ceiling has been headline news over the past week, as the Senate refused to ratify Treasurer Joe Hockey’s bill, lifting it from the current $300bn to $500bn.
The Week Ahead in FX
In the week ahead, investors will be closely watching Wednesday’s minutes of the Fed’s most recent policy setting meeting.
Wage Price Index, QIII 2013: Wages growth losing momentum
* The WPI rose by 0.5% in QIII and 2.7% in annual (sa) terms. This result was the fifth consecutive quarterly moderation.
Consumer Sentiment – November 2013
* Consumer sentiment rose by 1.9% in November to be 5.8% higher than a year ago.
Housing Finance – September 2013
Total housing lending rose by 5.3% in September, following a modest fall of 1.6% in August. Housing-related lending toinvestors and owner-occupiers remains on a solid uptrend.
Australian Markets Weekly – RBA expects gradual pickup, although lot of risks
The RBA’s latest forecasts predict only a gradual upturn in growth with unemployment rising out until the middle of 2015.
The Week Ahead in FX
In the week ahead, investors will be closely watching Thursday’s Senate hearing to confirm Janet Yellen as the first chairwoman of the Federal Reserve.
RBA Statement on Monetary Policy – November 2013
The RBA cut rates by 0.25% to 2½% on 6th August and has maintained an easing bias since then. The growth and inflationforecast updates provided in today’s release
UBS: RBA Sees Lower Growth Pace In 2014
The Reserve Bank of Australia anticipates slower growth pace and rising unemployment in 2014, where the bank sees current drop in resource investments and
Trade Balance – Sept 2013 – Trade deficit improved in Sept to $284mn
The trade deficit was smaller than expected in September, coming in at $284mn. Market consensus was expecting adeficit around $500mn (CBA (f): 350mn).
RBA on hold in November – AUD in focus
Melbourne Cup day has been a popular choice for cash rate changes. Rates were changed on six out of the past sevenNovembers. But no commentator was expecting a move today and
Retail Trade – September 2013
Retail trade rose by a robust 0.8% in September, well above market expectations which centred on a rise of 0.4% {CBA (f)+0.3%}. It was the largest monthly rise since February’s 1.2% result.