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Tag: Australia

Australia Leading Index Falls Sharply - Conf. Bd.

Jun 20 2012 01:31:04 Stanimir Zhelev in Market

The Conference Board's leading index for Australia declined 1.4 percent in April, the Conference Board reported Wednesday. The Board said a large decline in building approvals was the primary reason for the decline. Read more

Australia New Vehicle Sales Rise 2.4% In May

Jun 18 2012 05:01:02 Stanimir Zhelev in Market

New vehicle sales in Australia increased in May after a modest decline in the previous month, data from the Australian Bureau of Statistics showed Monday. The number of vehicles sold in May was 91,994, which was 2.4 percent higher than a month earlier. This followed a 1 percent decline in April. Read more

Australia Consumer Sentiment Up Slightly In June

Jun 13 2012 04:01:02 Stanimir Zhelev in Market

Australia's consumer confidence rose slightly in June despite the Reserve Bank of Australia's official cash rate cut early this month, a key survey revealed Wednesday. The Westpac-Melbourne Institute Index of Consumer Sentiment increased by 0.3 percent in June to 95.6 from 95.3 in May. Read more

Australia to Continue Enjoy Strongest Position Among Aaa Rating Club

Jun 13 2012 01:01:02 Stanimir Zhelev in Market

While affirming AAA credit rating for Australia, Moody's said that commonwealth enjoys one of the most robust financial position among other AAA rated economies It also said that economy should come back to usual 3-3. Read more

Australia Business Conditions Weakest In 3 Years: NAB Survey

Jun 12 2012 05:31:13 Stanimir Zhelev in Market

Business conditions in Australia remained the weakest in three years in May, the latest monthly business survey by National Australia Bank (NAB) showed Tuesday. Business confidence deteriorated sharply in May, largely due to Greek exit fears, weak orders and negative reaction to the May Budget. Read more

Research: Australia Likely to be a Key Beneficiary of China's Impending Policy Stimulus

Jun 08 2012 11:31:12 Stanimir Zhelev in Market

Quotes from Standard Chartered: -Australia delivered a much stronger-than-expected GDP performance in Q1-2012. Yet the headline number masked underlying imbalances in domestic growth between mining and non-mining sectors, and between domestic consumption and exports. Read more

Australia Apr. Trade Deficit At A$203 Mln

Jun 08 2012 03:01:05 Stanimir Zhelev in Market

Australia's foreign trade in goods and services resulted in a deficit of A$203 million in April after adjusting to seasonal variations, the Australian Bureau of Statistics said Friday. This was smaller than March's A$1.282 billion deficit. Read more

Australia Housing Finance Rise 0.2% In April

Jun 08 2012 03:01:04 Stanimir Zhelev in Market

The number of loan commitments for owner occupied housing in Australia rose 0.2 percent month-on-month on a seasonally adjusted basis in April, the Australian Bureau of Statistics said Friday. Economists expected housing finance to remain flat for the month. Read more

Australia Reports Much Smaller Deficit Than Expected

Jun 08 2012 02:31:03 Stanimir Zhelev in Market

Australian trade deficit was  down at A$ 203 mln in April after registering 1587 mln deficit in previous month Exports were up 3.0 pct at A$26.082 while imports declined by 1 pct to A$26. Read more

Australia Unemployment Rate 5.1% In May

Jun 07 2012 02:31:05 Stanimir Zhelev in Market

Australia's unemployment rate came in at a seasonally adjusted 5.1 percent in May, the Australian Bureau of Statistics said on Thursday - unchanged from the previous month and in line with forecasts. Read more

Australia GDP +1.3% On Quarter

Jun 06 2012 02:31:04 Stanimir Zhelev in Market

Australia's gross domestic product jumped 1.3 percent on quarter in the first three months of 2012, the Australian Bureau of Statistics said on Wednesday. That shattered expectations for an increase of 0.6 percent following the 0.4 percent gain in the previous three months. Read more

Aussie Advances Following Australia Q1 GDP

Jun 06 2012 02:31:04 Stanimir Zhelev in Market

Amid the release of Australia's GDP for the first quarter in early Wednesday Asian session at 9:30 pm ET, the aussie strengthened against its major counterparts. Presently, the aussie is trading at 0.9818 against the greenback, 77.28 against the yen, 1.2908 against the NZ dollar and 1. Read more

Australia Q1 GDP Rises 1.3% On Quarter

Jun 06 2012 02:31:02 Stanimir Zhelev in Market

Australia's gross domestic product jumped a seasonally adjusted 1.3 percent on quarter in the first three months of 2012, the Australian Bureau of Statistics said on Wednesday. That shattered expectations for an increase of 0.6 percent following the upwardly revised 0. Read more

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