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Tag: Australia

Australia Has A$2.637 Billion Trade Deficit

Jan 08 2013 02:01:14 Stanimir Zhelev in Market

Australia posted a seasonally adjusted merchandise trade deficit of A$2.637 billion in November, the Australian Bureau of Statistics said on Tuesday. That was shy of forecasts for a shortfall of A$2.30 billion following the downwardly revised deficit of A$2.443 billion in October (originally A$2. Read more

Australia Trade Deficit A$2.637 Billion In November

Jan 08 2013 01:01:30 Stanimir Zhelev in Market

Australia saw a seasonally adjusted merchandise trade deficit of A$2.637 billion in November, the Australian Bureau of Statistics said on Tuesday. That missed forecasts for a shortfall of A$2.30 billion following the downwardly revised deficit of A$2.443 billion in October (originally A$2. Read more

Australia Trade Balance On Tap For Tuesday

Jan 07 2013 23:01:05 Stanimir Zhelev in Market

Australia is on Tuesday scheduled to release November figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. The trade balance is expected to show a deficit of A$2.30 billion after posting a A$2. Read more

Australia AiG Construction PMI 38.8 In December

Jan 07 2013 23:01:03 Stanimir Zhelev in Market

An index measuring construction activity in Australia came in with a score of 38.8 in December, the Australian Industry Group said on Tuesday. That's up from 37.0 in November, but it remains significantly below the boom-or-bust level of 50 that separates expansion from contraction. Read more

Australia Shares rise to Fresh 19-Month High

Jan 03 2013 00:31:46 Stanimir Zhelev in Market

Australian shares rose 0.4 percent to a fresh 19-month high early on Thursday, boosted by miners and banks after copper, gold, oil and U.S. stocks all spiked higher on relief the U.S. avoided triggering the "fiscal cliff" that could have pushed it into recession. Read more

HY Markets Opens Branch in Australia and Gives Away Exclusive Prizes

Jan 02 2013 12:19:40 Hannah Levi in Brokers

With the terrible British weather being – well –terrible, it is not at all surprising that our fellow Brits are dreaming of clear skies, white-sand beaches and cocktails in the sun. Read more

Australia Manufacturing Contracts For Tenth Month

Jan 02 2013 04:01:02 Stanimir Zhelev in Market

Manufacturing activity in Australia contracted for a tenth consecutive month in December, a survey by Australian Industry Group showed Wednesday. The headline Performance of Manufacturing Index recorded 44.3 in December, unchanged from the November reading. Read more

Australia Private Sector Credit +3.5% In November

Dec 31 2012 01:01:14 Stanimir Zhelev in Market

Private sector credit was up 3.5 percent on year in November, the Reserve Bank of Australia said on Monday - shy of forecasts for a 3.7 percent increase after rising 2.8 percent in October. On month, private sector credit was flat versus forecasts for a gain of 0.2 percent after adding 0. Read more

Fxw Australia Shares at 19-Mth High; Set for Best Year Since 2009

Dec 28 2012 01:31:30 Stanimir Zhelev in Market

Australian shares gained 0.6 percent in light trade on Friday, driven by strength in commodities on surging iron ore prices, and were set to post their strongest annual gain since 2009.     The benchmark S&P/ASX 200 index rose 26.8 points to 4,674. Read more

Australia, New Zealand Dollars Weaken Against Most Majors

Dec 26 2012 16:01:02 Stanimir Zhelev in Market

The Australian and New Zealand dollars edged lower against most of their key counterparts in early New York deals Wednesday as worries about the looming fiscal cliff prompted traders to flee from riskier currencies. The New Zealand dollar fell to 1. Read more

Australia May See Budget Surplus Next Fiscal Year, Trade Minister Says

Dec 24 2012 06:01:03 Stanimir Zhelev in Market

Australia will likely return to a budget surplus in fiscal 2014, if the economy continues to improve, Minister for Trade and Competitiveness Craig Emerson said in an interview to Sky News on Sunday. Read more

Australia Inflation Expectations Decline Further

Dec 13 2012 04:01:04 Stanimir Zhelev in Market

Consumer inflation expectations declined further in December, a survey by Melbourne Institute revealed Thursday. The expected inflation rate decreased to 1.8 percent in December from 2.2 percent in November, just below the Reserve Bank of Australia's target band of 2-3 percent. Read more

Australia New Motor Vehicle Sales Flat In November

Dec 13 2012 01:31:17 Stanimir Zhelev in Market

The total number of new motor vehicle sales in Australia was unchanged on month in seasonally adjusted terms in November, the Australian Bureau of Statistics said on Thursday, coming in at 95,748. That follows the downwardly revised 2.8 percent contraction in October. Read more

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