Tag Archives: GBP/AUD

Australian Markets Weekly – Still the same labour market spare capacity

Latest labour market instalment saw job creation stall but the unemployment rate steady at 5.8%; the rate should always be the focus.

Australian Markets Weekly – Still looking for investment

Private capex likely to have fallen in Q4 and show still subdued planned spending ahead. Construction Work Done also forecast to have fallen in Q4, again owing to lower private resource engineering spending.

Brittle consumer sentiment: more than the Budget?

This Wednesday’s release of the monthly Westpac-Melbourne Institute (W-MI) monthly measure of consumer sentiment follows a marked decline over recent weeks in the weekly Roy Morgan measure of Consumer Confidence.

Forex Weekly Report

German constitutional court ruling supports deflationary backdrop Last week Germany’s Constitutional Court decided to pass the final ruling on outright monetary transactions on to

FX Weekly

Week ahead – the world waits for the BoC This is an enormously important period for Canada and the BoC, and things really heat up in the week ahead.

The NOK continues to be under pressure

EUR/USD: A choppy intraday session, squeezed between the 1.3581support and the 1.3625/45 resistance end almostunchanged. The latest more was however an impulsive dropfrom 1.3650 to

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

Australian Markets Weekly

Labour market holding: Buys more wait time for RBA * Australia’s unemployment rate trend steady at 5¾%

Australian Markets Weekly

Interest rates: RBA cut still coming but delayed * The US fiscal debacle remains centre stage. For Australia, the likely effect on the economy will be negligible, assuming the political negotiations are not protracted.

Australian Markets Weekly

RBA: No housing bubble and no change this week * Initial focus this week on the US as government shutdown looms with the Budget yet to be approved; Italian Government Coalition also in strife

FX Trends daily (FOCUS: GBP/AUD)

After a consolidation, the cross has stabilized before a rebound in the recent sessions.

Australian Markets Weekly

AUD Range 0.92-0.88, break risk ● The AUD was stable over the month. But within a 4% range. Moves were driven primarily by external factors