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Tag: Australia

Australia Leading Index Rises Sharply In January - Conference Bd

Mar 20 2012 00:01:23 Stanimir Zhelev in Market

The Conference Board's Leading index for Australia increased 1.1 percent for January, the Board reported Tuesday. The Coincident Index, which measures current economic conditions, was up 0.2 percent for the month. The sharp rise for the Leading Index follows four straight months of declines. Read more

Australia Data Due On Tuesday

Mar 19 2012 23:31:05 Stanimir Zhelev in Market

The Reserve Bank of Australia is on Tuesday scheduled to release the minutes from its monetary policy meeting on March 6, highlighting a light day for Asia-Pacific economic activity. At the meeting, the RBA kept its benchmark cash rate unchanged at 4.25 percent for a second consecutive month. Read more

Australia Consumer Inflation Expectations Rise In March: Survey

Mar 15 2012 05:01:03 Stanimir Zhelev in Market

Inflation expectations among Australian consumers increased in March, a survey by Melbourne Institute showed Thursday. The median expected inflation rate rose to 2.7 percent in March from 2.5 percent in February. Read more

Australia New Vehicle Sales held steady in Feb

Mar 15 2012 01:31:07 Stanimir Zhelev in Market

News Australia new vehicle sales in Feb stood at 85,448 vehicles on seasonally adjusted basis, marginally up from the previous month's 85,417 units Sales were 1.7 percent higher than in February last year The material has been provided by Instaforex Company - instaforex. Read more

Australia New Motor Vehicle Sales Flat On Month, Rise 1.7% On Year

Mar 15 2012 01:31:06 Stanimir Zhelev in Market

The total number of new motor vehicle sales in Australia was flat on month in February, the Australia Bureau of Statistics said on Thursday, coming in at a seasonally adjusted 85,448. That followed the 1.3 percent monthly gain in January. Sales of passenger vehicles were down 0. Read more

Australia Consumer Confidence Tumbles On Higher Mortgage Rates

Mar 14 2012 05:01:03 Stanimir Zhelev in Market

Consumer confidence in Australia took a dip in March as banks started to hike mortgage rates despite the Reserve Bank of Australia keeping the official cash rate on hold, the latest survey by Westpac Institutional Bank and Melbourne Institute showed Wednesday. Read more

Australia Q4 Dwelling Unit Starts fall 6.9 Pct Q/q, more Than Forecasts at 5.0 Pct Fall

Mar 14 2012 01:31:08 Stanimir Zhelev in Market

News Australia's seasonally adjusted dwelling unit starts fall 6.9 pct from the previous quarter The fall was more than consensus a -5.0 pct and followed a 6.8 pct fall in the previous quarter Annual change in new private sector houses was -7. Read more

Australia Consumer Sentiment Plunges In March - Westpac/Melbourne

Mar 14 2012 00:31:11 Stanimir Zhelev in Market

Consumer sentiment in Australia declined in March, according to survey results released Wednesday by Westpac Bank and the Melbourne Institute. The consumer sentiment index declined 5.0 percent from February. Compared to one year ago, the index is down a seasonally adjusted 7.7 percent. Read more

Australia Business Confidence Weakens In February: NAB

Mar 13 2012 05:31:04 Stanimir Zhelev in Market

Confidence among Australian businesses declined in February, though there was an improvement in operating conditions, a survey by National Australia Bank (NAB) revealed Tuesday. The business confidence index fell to 1 in February from a reading of 4 in January and 3 in December. Read more

Australia Business Conditions Rise, Confidence Wavers – Nab

Mar 13 2012 01:31:15 Stanimir Zhelev in Market

News Australia business conditions improved in Feb to stand at 3 compared to 2 in the previous month as firms reported revival in sales Business confidence in the near term however took a knock, down to 1 from 4 in the previous month The index of employment dipped a point to 0 while forward or... Read more

Australia Owner-occupied Housing Finance falls 1.2 Pct M/m in Jan, Slightly more Than expected 1.0 Pct Fall

Mar 13 2012 01:31:13 Stanimir Zhelev in Market

News Australia seasonally adjusted owner-occupied housing finance fell 1.2 pct m/m in Jan, slightly more than a fall of 1.0 pct expected The value of home loans for owner-occupied homes rose 0.1 pct to A$14.2 bln after seasonal adjustments. The value of loans for investment homes fell 7. Read more

Australia January Housing Loans Down 1.2%

Mar 13 2012 01:31:07 Stanimir Zhelev in Market

Loan commitments for owner-occupied dwellings in Australia decreased in January by a seasonally adjusted 1.2 percent from December, the Australian Bureau of Statistics reported Tuesday. The value of the dwelling commitments declined a seasonally adjusted 2.3 percent, the Bureau said. Read more

Australia Posts Surprise Trade Deficit

Mar 09 2012 02:01:15 Stanimir Zhelev in Market

Australia saw a seasonally adjusted merchandise trade deficit of A$673 million in January, the Australian Bureau of Statistics said on Friday. That was sharply lower than forecasts for a surplus of A$1.5 billion following the surplus of A$1.709 billion in December. Exports declined 8. Read more

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