Tag Archives: RBA
Capex – QIII 2013 – data betters market expectations
The positive QIII outcome for actual business capex bettered market expectations which centred on a fall of 1.2%. The3.6% rise in capex over the quarter was broad-based.
Daily FX Wrap and Strategy
At around 0.8190, the NZD/USD is not far from where it sat this time yesterday. But that masks a full 1 cent range over the past 24 hours.
QIII Capex – What to Expect
The QIII capex release will contain figures for actual capital spending in QIII and the fourth estimate of planned 2013/14capex spending.
RBA’s Stevens comments on 30 years of the Aussie dollar floating
RBA Governor Glenn Stevens delivered a speech on “The Australia Dollar: Thirty Years of Floating”, to the AustralianBusiness Economists (ABE) Annual Dinner in Sydney.
Daily FX Wrap and Strategy
Much like that faced by our footballers today, it was a bit of an uphill battle for the kiwi overnight. The NZD/USD spent the night shuffling around in a 0.8310-0.8370 range,
US Morning Update
Major Overnight Headlines * PBoC to set up ‘managed floating’ CNY rate, cut ratio of T-bonds held to maturity, increase capital account flexibility
RBA Board Minutes – November 2013
* The RBA still retain a mild easing bias. Sub-trend growth looks likely, even though confidence measures are lifting.
US Morning Update
Major Overnight Headlines * Euro Area Sept. current account surplus narrows as goods & services imports outpace exports, income falls
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.
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.
Weekly Economic & Financial Commentary
U.S. Review: What Government Shutdown? · Nonfarm payrolls surprised to the upside as the federal government shutdown did little to deter private-sector employers from hiring more workers.
EUR down as a result of ECB decision-making
The euro extended its correction this week, setting a low of 1.33 against the US dollar, before recovering above 1.34 following Thursday’s surprise interest rate cut by the European Central Bank (ECB).