Tag Archives: AUD
Consumer Confidence – July 2013
The Westpac-Melbourne Institute of Consumer Sentiment held onto its recent June gain. The overall sentiment index slipped marginally,
Global & Australian Forecasts
Global growth forecasts unchanged. A few signs that activity is picking up in some advanced economies but India and Brazil still soft and
NAB Business Survey
Business conditions and capacity utilisation slump to a four year low. Confidence a little better but still below trend.
FX Daily Strategist: Europe
Scope for commodity currency rebound vs EUR Commodity currencies weakened after the US jobs data, but with some notable divergences as CAD outperformed AUD and NZD.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to Wednesday’s minutes of the Federal Reserve’s June meeting,
Weekly Economic & Financial Commentary
• Modest domestic U.S. growth remains the outlook as both the ISM manufacturing and non-manufacturing surveys signaled continued growth but not an acceleration.
FX Sentiment Report
Shifts in sentiment were relatively muted this week, with minor changes in positioning among most of the majors with the exception of CAD.
Building Approvals – May 2013
The number of residential building approvals fell by 1.1% in May, which was roughly in line with market expectations which centred on a fall of 1.0% {CBA (f) -1.0%).
FX Compass: Yen Breaks on Through to the Other Side
The next few days are likely to be a key period for financial markets, with the ECB and BoE (Carney’s first meeting) on Thursday,
FX G10/EM Morning Trader Views
EUR – Edging lower with general usd eventually – positive for eur bears now that we finally broke and held below the daily cloud top at 1.2990,
RBA’s Stevens comments on the outlook and keeps rate cut hopes alive
RBA Governor Stevens has delivered a speech on “Economic Conditions & Prospects” to a business luncheon in Brisbane.
Australian TRade Balance – May 2013
The May trade balance came in significantly higher than market expectations of $0.05bn (CBA (f): $0.3bn).