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Tag: Australia

Australia Performance Of Manufacturing Index 47.2 In June - AiG

Jul 02 2012 01:31:02 Forexbrokerz.com in Market

An index measuring manufacturing conditions in Australia came in with a score of 47.2 in June, the Australian Industry Group said on Monday - remaining below the boom-or-bust level of 50 for the fourth consecutive month. The index was up sharply from the 42. Read more

Australia Td Inflation Gauge down 0.2 Pct in June, Lowest Since 2009

Jul 02 2012 01:31:02 Forexbrokerz.com in Market

Australian inflation gauge was reported down by 0.2 pct to hit its lowest since June 2009 on lower petrol prices Core inflation also flat on monthly basis while rising 1.9 pct in yy terms Annual pace now stands at 1. Read more

Research: Reserve Bank of Australia Looks Set to Pause at Its 3 July Meeting

Jun 29 2012 09:31:03 Forexbrokerz.com in Market

Quotes from Standard Chartered: -The Reserve Bank of Australia (RBA) looks set to pause at its 3 July meeting, though we believe it will cut rates again in August and September. May retail sales should reflect a mixed domestic picture outside of the labour market, which has been strong. Read more

Research: Monetary Policy in Australia Likely to be eased Further

Jun 29 2012 09:01:08 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -We believe that monetary policy in Australia is likely to be eased further, but after a total of 75bp in cuts in May and June, the chances of another move at the July meeting are in our view at best 20% (for a 25bp cut). Read more

Research: Further Policy Easing in Australia Will be Driven by Inflation Surprises and the Euro Crisis

Jun 29 2012 09:01:07 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -The state of the Australian economy suggests that further policy easing will be driven by inflation surprises and the euro crisis. Read more

Australia Considering Offshore Yuan Market In Sydney: Report

Jun 28 2012 05:31:12 Forexbrokerz.com in Market

Australia is in talks with Hong Kong and Beijing to set up an offshore yuan market in Sydney, the South China Morning Post reported Thursday. The daily, citing officials familiar with the matter, said that Hong Kong and China have so far been positive to the proposal. Read more

Australia See Iron Ore Exports to Go up by 10 Pct in 2012-13

Jun 27 2012 01:31:02 Forexbrokerz.com in Market

Iron ore exports from Australia is expected to go up by 10 pct to 510mln tonnes in 2012/13 according to latest forecasts by   The Bureau of Resources and Energy Economics Iron ore exports forecast for current yean ending June was revised down by 10 mln tonnes to 463 ... Read more

Australia Housing Starts Continue To Fall

Jun 20 2012 05:01:02 Forexbrokerz.com in Market

Dwelling commencements in Australia declined for a fourth consecutive quarter in the March quarter, a report from the Australian Bureau of Statistics showed Wednesday. On a seasonally adjusted basis, housing starts fell 12.6 percent quarter-on-quarter in the first quarter. Read more

Australia Internet Job Vacancy Index Rises In May

Jun 20 2012 03:31:03 Forexbrokerz.com in Market

Australia's internet job ads increased in May, a report from the Department of Education, Employment and Workplace Relations showed Wednesday. On a seasonally adjusted basis, the Internet Vacancy Index rose 3.4 percent month-on-month in May. On an annual basis, the index decreased 11.1 percent. Read more

Australia Westpac-MI Leading Index Points To Loss Of Growth Momentum

Jun 20 2012 03:31:03 Forexbrokerz.com in Market

A leading indicator of economic activity in Australia signaled sharp loss of growth momentum in the second half of this year, a report from Westpac Bank and Melbourne Institute showed Wednesday. Read more

Australia Leading Index Falls Sharply - Conf. Bd.

Jun 20 2012 01:31:04 Forexbrokerz.com 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 Forexbrokerz.com 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 Forexbrokerz.com 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

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