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Tag: Australia

Australia Posts Surprise Deficit in January As Exports Declines Faster Than Imports

Mar 09 2012 01:31:08 Stanimir Zhelev in Market

News Australian exports declined by 8 pct in January at A$ 25.372 bln while imports declined by 1 pct at A$ 26.045 resulting in deficit of 0.673 mln in trade balance Economist expected healthier 1.5 bln surplus for the month after 1. Read more

Australia Trade Deficit A$673 Million In January

Mar 09 2012 01:01:04 Stanimir Zhelev in Market

Australia posted a 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 8.0 percent on year to A$25. Read more

Australia February Unemployment Rate 5.2%

Mar 08 2012 02:31:37 Stanimir Zhelev in Market

The unemployment rate in Australia was a seasonally adjusted 5.2 percent in February, the Australian Bureau of Statistics said on Thursday - matching forecasts and up from 5.1 percent in January. The male unemployment rate increased 0.2 points to 5. Read more

Australia Unemployment Rate 5.2% In February

Mar 08 2012 01:01:10 Stanimir Zhelev in Market

The unemployment rate in Australia came in at a seasonally adjusted 5.2 percent in February, the Australian Bureau of Statistics said on Thursday - matching forecasts and up from 5.1 percent in January. Read more

Research: Australia Gdp Report Suggest Some Weakness in Employment Likely in the Coming Months

Mar 07 2012 11:31:08 Stanimir Zhelev in Market

Quotes from Barclays Capital: -Australian Q4 11 GDP growth was weaker than expected, as capex subtracted 0.4pp from headline rate and the contribution from consumption weakened to 0.3pp. -From a policy perspective, the GDP report is clearly a dated piece of information. Read more

Australia Reserve Assets Rise For Third Month

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

Australia's official reserve assets increased for the third consecutive month in February, data released by the Reserve Bank of Australia showed Wednesday. Total reserve assets increased to A$49.10 billion in February from A$46.77 billion in January, marking the third consecutive monthly growth. Read more

Australia Leading Employment Index Drops For Second Month

Mar 07 2012 06:01:15 Stanimir Zhelev in Market

Australia's leading indicator of employment declined for the second consecutive month in March, after rising for five months in a row, data from a survey by the Department of Education, Employment and Workplace Relations (DEEWR) showed Wednesday. The leading employment indicator dropped 0. Read more

Australia Q4 Gdp Rises 0.4 Pct Q/q, Misses Forecasts for 0.8 Pct Rise

Mar 07 2012 01:31:26 Stanimir Zhelev in Market

News Australia's fourth-quarter GDP rose 0.4 pct q/q, less than consensus for 0.8 pct rise and followed a 1.0 pct rise in the previous quarter GDP rose 2.3 pct y/y on a seasonally adjusted basis, slightly less than consensus for 2.4 pct rise Seasonally adjusted consumption expenditure rose 0. Read more

Australia Q4 GDP Rises 0.4% On Quarter

Mar 07 2012 01:01:05 Stanimir Zhelev in Market

Australia's gross domestic product was up a seasonally adjusted 0.4 percent in the fourth quarter of 2011 compared to the previous three months, the Australian Bureau of Statistics said on Wednesday. That missed forecasts for an increase of 0.7 percent following the downwardly revised gain of 0. Read more

Australia GDP On Tap For Wednesday

Mar 06 2012 23:01:03 Stanimir Zhelev in Market

Australia is on Wednesday scheduled to release Q4 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to add 0.7 percent on quarter and 2.3 percent on year after climbing 1.0 percent on quarter and 2.5 percent on year in Q3. Read more

Australia Posts a Current Account Deficit of A$8.37 Bln in Q4

Mar 06 2012 01:31:53 Stanimir Zhelev in Market

News Australia's seasonally adjusted current account deficit in Q4 stood at A$ 8.37 bln compared to A$ 5.824 bln in the previous quarter The deficit in Q4 was slightly less than forecasts for A$ 8.1 bln The next exports impact on Q4 GDP rose to 0.3 pct more than consensus at 0. Read more

Australia Govt Spending Consumption and Investment Rises 0.9 Pct in Q4

Mar 06 2012 01:31:26 Stanimir Zhelev in Market

News Australian govt spending on consumption and investment rose 0.9 pct in Q4 of 2011 to an inflation adjusted A$79.56 bln ($84.3 bln) Govt spending for consumption rose 1.0 pct in the fourth quarter to A$60.73 bln in real terms Investment spending by the govt and public enterprises rose 0. Read more

Australia Q4 Current Account Deficit A$8.4 Billion

Mar 06 2012 01:01:22 Stanimir Zhelev in Market

Australia posted a current account deficit in the 4th quarter of 2011 of $A8.4 billion, the Australia Bureau of Statistics reported Tuesday. The deficit for the Q3 of 2011 was revised to A$5.82 billion from the originally reported A$5.64 billion. Read more

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