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Tag: Australia

Australia Construction Sector Contracts For 28th Month - AIG/HIA

Oct 05 2012 00:31:20 Forexbrokerz.com in Market

Australia's construction industry fell further into contraction in September, according to survey results released Friday by the Australia Industry Group and the Housing Industry Association. The group's Performance of Construction Index fell by 1.3 points to 30.9. Read more

Australia Retail Sales Recover Marginally

Oct 04 2012 05:31:02 Forexbrokerz.com in Market

Retail sales in Australia increased marginally in August, led by a rebound in department store sales, but the sales growth fell short of expectations, offering scope for further monetary easing by the central bank. Sales grew 0. Read more

Australia Retail Sales Rise 0.2% In August

Oct 04 2012 03:01:07 Forexbrokerz.com in Market

Retail sales in Australia grew 0.2 percent month-on-month on a seasonally adjusted basis in August, data from the Australian Bureau of Statistics showed Thursday. This was slower than the expected 0.4 percent increase and followed a 0.8 percent fall in July and 1.2 percent rise in June. Read more

Australia Building Approvals Up 6.4%

Oct 04 2012 03:01:06 Forexbrokerz.com in Market

Building approvals in Australia increased 6.4 percent month-on-month in August, data from the Australian Bureau of Statistics showed Thursday. The number of approvals totaled 12,046 during the month on a seasonally adjusted basis. Read more

Australia Retail Sales On Tap For Thursday

Oct 03 2012 23:31:27 Forexbrokerz.com 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 Forexbrokerz.com 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 Forexbrokerz.com 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 Forexbrokerz.com 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 Forexbrokerz.com 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 Forexbrokerz.com 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 Forexbrokerz.com 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 Forexbrokerz.com 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 Forexbrokerz.com 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

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