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Tag: Australia

Australia Retail Sales On Tap For Thursday

Oct 03 2012 23:31:27 Stanimir Zhelev in Market

Australia will on Thursday release August figures for retail sales and building approvals, setting the pace for a modest day in Asia-Pacific economic activity. Retail sales are expected to rise 0.3 percent on month after shedding 0.8 percent in July. On year, sales were up 3. Read more

Australia August Trade Deficit A$2.03 Billion

Oct 03 2012 03:31:04 Stanimir Zhelev in Market

Australia posted a seasonally adjusted merchandise trade deficit of A$2.027 billion in August, the Australian Bureau of Statistics said on Wednesday. That was well shy of forecasts for a shortfall of A$685 million following the downwardly revised A$1. Read more

Australia Has A$2.03 Billion Trade Deficit In August

Oct 03 2012 02:31:03 Stanimir Zhelev in Market

Australia saw a seasonally adjusted merchandise trade deficit of A$2.027 billion in August, the Australian Bureau of Statistics said on Wednesday. That was well shy of forecasts for a shortfall of A$685 million following the downwardly revised A$1. Read more

Australia New Home Sales Fall 5.3% In August

Oct 03 2012 02:01:02 Stanimir Zhelev in Market

New home sales in Australia were down 5.3 percent on month in August, the Housing Industry Association said on Wednesday, hitting a 15-year low. That follows the 5.6 percent monthly contraction in July. Among the survey's individual components, the detached house market shed 5. Read more

Australia Performance Of Service Index Slides In September - AIG

Oct 03 2012 00:31:28 Stanimir Zhelev in Market

An index measuring the performance of the service sectors in Australia came in with a score of 41.9 in September, the Australian Industry Group said on Wednesday - down from 42.4 in August and deeper into contraction. Read more

Australia Trade Balance On Tap For Wednesday

Oct 02 2012 23:01:20 Stanimir Zhelev in Market

Australia will on Wednesday provide August figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. The trade balance is expected to show a deficit of A$685 million after posting a A$556 million shortfall in July. Read more

Reserve Bank Of Australia Cuts Cash Rate On Weaker Economic Outlook

Oct 02 2012 08:01:03 Stanimir Zhelev in Market

The Reserve Bank of Australia lowered the benchmark cash rate for a third time this year on Tuesday, citing the weaker economic outlook on the back of recent global developments. The central bank, at the same time, stressed the need to boost demand outside the resources sector. Read more

Australia Rate Decision Due On Tuesday

Oct 01 2012 23:31:19 Stanimir Zhelev in Market

The Reserve Bank of Australia will on Tuesday conclude its monetary policy meeting and then announce its decision on the benchmark interest rate, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to keep rates on hold at the current level of 3.50 percent. Read more

Australia Manufacturing PMI 44.1 In September - AiG

Oct 01 2012 00:31:02 Stanimir Zhelev in Market

The contraction in Australia's manufacturing sector accelerated in September, the Australian Industry Group said on Monday, after its index came in with a score of 44.1. That's down from 45.3 in August. A score above 50 signals expansion in a sector, while a reading below means contraction. Read more

Australia Aug. Private Sector Credit Growth Stable

Sep 28 2012 04:31:02 Stanimir Zhelev in Market

Total credit extended to the Australian private sector by financial intermediaries rose 0.2 percent month-on-month in August, at the same pace as in the previous month. Over the year to August, total credit rose 4.1 percent. Housing credit increased 0.3 percent over August, and was up 4. Read more

Australia Job Vacancies Rise 4.2% In August Quarter

Sep 27 2012 06:31:07 Stanimir Zhelev in Market

Job vacancies in Australia increased in the three months ended August, recovering from the decline seen in the previous period, data released by the Australian Bureau of Statistics showed Thursday. The number of vacancies increased a seasonally adjusted 4. Read more

Australia Internet Vacancy Index Falls In August

Sep 26 2012 03:31:02 Stanimir Zhelev in Market

Australia's online job vacancies declined in August, data from the Department of Education, Employment and Workplace Relations showed Wednesday. The Internet Vacancy Index fell 2.9 percent month-on-month in trend terms in August. Over the year, the index fell 16.5 percent. Read more

Australia Conference Board Leading Index Points To Moderate Growth

Sep 21 2012 04:31:03 Stanimir Zhelev in Market

The Conference Board's leading indicator for the Australian economy remained unchanged in July following two consecutive increases. The index pointed to moderate growth in economic activity in the near-term. The leading economic index remained unchanged at 124.9 in July. Read more

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