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Tag: Australia

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

Jun 29 2012 09:01:07 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 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 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 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 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 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 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 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 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 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 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 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 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

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