Tag Archives: AUD
Australian Retail Trade – May 2013
Retail trade rose by 0.1% in May, which was slightly less than market expectations which centred on a rise of 0.3% {CBA (f) +1.0%}.
Retail Sales and Trade Balance in Australia
Australia’s seasonally adjusted retail sales fell to 0.1% in May, compared with a previous reading of 0.2% a month earlier revised to -0.1%,
Everyone agrees the Riksbank will leave policy unchanged
On Wednesday the Riksbank announces its rate decision – the first to include the two new board members Skingsley and Flodén.
FX Daily Strategist: Europe
RBA kept policy rates unchanged, but left the door open for further rates cuts RBA kept its policy rates unchanged, as widely expected. However, the statement noted that the inflation outlook may provide some scope for further easing,
RBA cash rate decision July 2013
· The RBA again kept the cash rate unchanged at a record low of 2.75%, while retaining an easing bias.
RBA Cash Rate Target Unchanged At 2.75%
RBA statement: “The Australian dollar has depreciated by around 10 per cent since early April, although it remains at a high level.
FX G10/EM Morning Trader Views
EUR – Strong month end in general for the usd and eur no exception with another attempt at 1.2990 area (daily cloud top)
NZD and MXN positioned at one-year lows last week, USD unchanged
Hedge funds made only small changes to their IMM currency positions during the week ending June 25, according to the latest data from the US Commodity Futures Trading Commission.
House Prices – June 2013
The RP Data-Rismark series indicates that dwelling prices rose by 1.9% in June to be 3.8% higher through the year.
Australian Markets Weekly
The market is pricing in a one in five chance that the RBA will ease monetary policy at its Board meeting tomorrow.
The Week Ahead in FX
Friday’s US nonfarm payrolls data will be key indication of how the recovery in the US labor market is progressing,
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.