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Tag: Australia

Australia Seeks To Deepen Aussie-Yuan Trade

Jul 05 2012 05:31:12 Forexbrokerz.com in Market

Australia is expected to push for a stronger market for Aussie-yuan transactions during Treasurer Wayne Swan's visit to China and Hong Kong next week, reports said Thursday. Read more

Australia Wants Deeper Yuan-Aud Trade says Treasurer Swan

Jul 05 2012 03:31:02 Forexbrokerz.com in Market

Australia n treasury's  Swan said deeper market for Australian dollar-yuan transactions in the interest of both the sides along with internationalization of Yuan After Japan and USA, Australia could be a third country to be allowed to convert capital amounts to yuan ... Read more

Australia May Trade Deficit A$285 Million

Jul 05 2012 02:31:09 Forexbrokerz.com in Market

Australia posted a seasonally adjusted merchandise trade deficit of A$285 million in May, the Australian Bureau of Statistics said on Thursday. Read more

Australia Trade Balance On Tap For Thursday

Jul 04 2012 23:01:09 Forexbrokerz.com in Market

Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. The trade balance is expected to show a deficit of A$500 million after showing a shortfall of A$203 million in April. Imports were at A$26. Read more

Australia Retail Sales +0.5% On Month In May

Jul 04 2012 03:01:04 Forexbrokerz.com in Market

Retail sales in Australia added a seasonally adjusted 0.5 percent on month in May, the Australian Bureau of Statistics said on Wednesday, standing at A$21.307 billion. That beat forecasts for an increase of 0.2 percent following the upwardly revised 0. Read more

Australia Retail Sales Rise 0.5% On Month In May

Jul 04 2012 02:31:08 Forexbrokerz.com in Market

Retail sales in Australia were up a seasonally adjusted 0.5 percent on month in May, the Australian Bureau of Statistics said on Wednesday, standing at A$21.307 billion. That beat forecasts for an increase of 0.2 percent following the upwardly revised 0. Read more

Australia June Performance Of Service Index 48.8 - AiG

Jul 04 2012 01:01:02 Forexbrokerz.com in Market

An index measuring the service sector in Australia came in with a score of 48.8 in June, the Australian Industry Group said on Wednesday. That was sharply higher than the May reading of 43. Read more

Australia Keeps Cash Rate Unchanged

Jul 03 2012 07:31:07 Forexbrokerz.com in Market

Australia's central bank on Tuesday decided to keep the key interest rate unchanged as it awaits the pass through of the effects of the two consecutive rates cuts implemented this year aimed at shielding the economy from the worsening situation in Europe. Read more

Australia Leaves Key Rate Unchanged As Expected

Jul 03 2012 05:31:02 Forexbrokerz.com in Market

The Reserve Bank of Australia on Tuesday decided to keep its key cash rate unchanged at 3.50 percent as expected by economists. Read more

Australia Building Approvals Surge More Than Expected

Jul 03 2012 03:01:08 Forexbrokerz.com in Market

Australia's building approvals climbed more than expected in May, data from the Australian Bureau of Statistics showed Tuesday. Dwelling permits in May rose 27.3 percent on a month-on-month seasonally adjusted basis. This followed a 7.6 percent decline in the previous month. Read more

Australia Rate Decision On Tap For Tuesday

Jul 02 2012 23:31:15 Forexbrokerz.com in Market

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

Research: Reserve Bank of Australia Likely to Keep Rates unchanged at 3.5 Pct

Jul 02 2012 12:01:02 Forexbrokerz.com in Market

Quotes from Standard Chartered: -We expect the Reserve Bank of Australia (RBA) to keep rates unchanged at 3.5% at its meeting on 3 July. After a total of 75bps of cuts at the past two meetings, a pause appears to be in store. Read more

Australia Monthly Inflation Gauge Lowest Since Sept. 2009

Jul 02 2012 05:01:02 Forexbrokerz.com in Market

An indicator of monthly inflation in Australia eased in June to the lowest level since September 2009, a survey showed Monday. The TD Securities - Melbourne Institute monthly inflation gauge increased 1.6 percent in the twelve months to June. Read more

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