Tag Archives: AUD

Labour market still soft despite employment gain in October

Employment rose 24.1K in October, reversing the September fall, with full-time jobs up 33.4K.

Employment lifted by 24.1k in October and the unemployment rate held steady at 6.2%.

A lower oil price is positive for household spending. The income impact equates to a lift of around 0.2% of householdincome.

RBA leaves cash rate target unchanged at 2.5%

The September trade deficit of $2.26bn printed significantly wider than market expectations of a $1.85bn deficit.

Retail trade rose by a buyout 1.2% in September.

Retail sales up huge 1.2% in September. Now running at improved 5.7% yoy.

While biggest long position of the SG FX Enhanced Risk Premia remains the dollar,

CFTC traders are bullish the USD, holding net shorts in EUR, JPY,AUD, CHF, CAD, MXN, GBP and NZD.

In the week ahead investors will be looking ahead to the outcome of Wednesday’s Federal Reserve meeting

In the week ahead, China and the U.K. and to release preliminary data on third quarter economic growth,

The SG FX Enhanced Risk Premia system has been building a long yen position comparable in size to