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Tag: Australia

Australia Inflation Forecast +1.5% On Year In July - TD Securities

Aug 06 2012 01:31:02 Forexbrokerz.com in Market

Consumer prices in Australia are expected to have risen 1.5 percent on year in July, the latest forecast from TD Securities revealed on Monday. That's down from 1.6 percent on year in June. On a monthly basis, consumer prices are called higher by 0.2 percent, reversing the 0. Read more

Australia Services Sector Contracts Further In July - AIG

Aug 03 2012 00:31:09 Forexbrokerz.com in Market

Australia's services sector continued to contract in July, the Australian Industry Group reported Friday. The AIG/Commonwealth Bank Performance of Services index fell to 46.5 from the June reading of 48.8. Readings below 50.0 indicate contraction of activity in the measured sector. Read more

Research: Australia Data too Strong to Suggest August Rba Cut Now

Aug 02 2012 09:31:04 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -Australia's retails sales were strong in June, rising by 1.0% mom, after a revised gain of 0.8% in May (was 0.5%). Sales were consequently up by 5.4% yoy, albeit in nominal terms. Read more

Australia Sees A$9 Million Surplus In June

Aug 02 2012 03:01:03 Forexbrokerz.com in Market

Australia posted a seasonally adjusted merchandise trade surplus of A$9 million in June, the Australian Bureau of Statistics said on Thursday. That was well above forecasts for a deficit of A$375 million after posting a revised shortfall of A$313 million in May (originally A$285 million). Read more

Australia Has A$9 Million Surplus In June

Aug 02 2012 02:31:04 Forexbrokerz.com in Market

Australia saw a seasonally adjusted merchandise trade surplus of A$9 million in June, the Australian Bureau of Statistics said on Thursday. That was well above forecasts for a deficit of A$375 million after posting a shortfall of A$285 million in May. Read more

Australia Retail Sales Rise 1.0% In June

Aug 02 2012 02:31:03 Forexbrokerz.com in Market

Retail sales in Australia were up a seasonally adjusted 1.0 percent on month in June, the Australian Bureau of Statistics said on Thursday, standing at A$21.584 billion. That topped forecasts for an increase of 0.7 percent on month after adding an upwardly revised 0. Read more

Australia Registers Trade Surplus in June As Imports Declines

Aug 02 2012 02:31:03 Forexbrokerz.com in Market

Australia registered a trade surplus of A$ 9 mln in June as imports declined by 2 pct to A$ 26.617 bln while exports were almost stagnant at A$26. Read more

Australia Data Due On Thursday

Aug 01 2012 23:01:21 Forexbrokerz.com in Market

Australia will on Thursday release June trade balance data and Q2 and June retail sales figures, highlighting a modest day for Asia-Pacific economic activity. The trade balance is expected to show a deficit of A$375 million after posting a deficit of A$285 million. Imports were worth A$27. Read more

Australia House Prices Rebound In June Quarter

Aug 01 2012 07:01:03 Forexbrokerz.com in Market

House prices in Australia bounced back in the three months through June after recording steady declines during last year, the latest figures from the Australian Bureau of Statistics revealed Wednesday. The house price index for the weighted average of the eight capital cities rose 0. Read more

Research: Possibility of Imminent Rate Cut by Reserve Bank of Australia diminished of Late

Jul 31 2012 10:01:03 Forexbrokerz.com in Market

Quotes from Standard Chartered: -The possibility of an imminent rate cut by the Reserve Bank of Australia (RBA) has diminished of late on the back of upside data surprises and upbeat comments from Governor Stevens on the Australian economy. Read more

Australia Building Approvals Decline Less Than Expected

Jul 31 2012 03:01:06 Forexbrokerz.com in Market

The number of dwelling units approved in Australia dropped in June, but the rate of decline was weaker than expected by economists, data from the Australian Bureau of Statistics showed Tuesday. As many as 13,336 dwelling units were approved in June, which was 2. Read more

Research: Market Continues to Price in Over 100bp of Rate Cuts in Australia

Jul 30 2012 15:31:03 Forexbrokerz.com in Market

Quotes from RBS: -The market continues to price in over 100bp of rate cuts in Australia. If these are not delivered it could contribute to upward pressure on the AUD.  We are only forecasting one more 25bp cut towards the end of Q3. Read more

Australia New Home Sales Rise For Second Month

Jul 30 2012 06:01:07 Forexbrokerz.com in Market

New home sales in Australia increased for a second consecutive month in June due to a spurt in sales of multi-units, the Housing Industry Association said in a report on Monday. Home sales rose 2.8 percent year-on-year in June on the back f a 15.7 percent jump in sales of multi-units. Read more

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