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Tag: Australia

Australia Private Sector Credit +3.5% In November

Dec 31 2012 01:01:14 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 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 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 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 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 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

Australia Personal Housing Commitments Decline In October

Dec 12 2012 01:01:11 in Market

Loan commitments for new owner occupied housing in Australia decreased by a seasonally adjusted 0.2 percent in October, the Australian Bureau of Statistics reported Wednesday. Loan commitments for general personal finance fell 0.9 percent in seasonally adjusted terms. Read more

Australia Business Confidence Weakens In November - NAB

Dec 11 2012 01:01:16 in Market

Business confidence in Australia deteriorated in November, according to survey results released Tuesday by National Australia Bank. The NAB Business Confidence Index declined to minus-9 from the October reading of minus-1. It was the lowest reading since April 2009. Read more

Australia Home Loan Growth Slows Unexpectedly

Dec 10 2012 04:01:03 in Market

The rate of increase in Australia's housing finance slowed unexpectedly in October, the latest figures from the Australian Bureau of Statistics showed Monday. Loans extended to owner occupied housing rose 0.1 percent month-on-month in October following a 1. Read more

Australia Construction Downturn Eases Slightly

Dec 07 2012 04:01:07 in Market

The decline in Australia construction sector activity eased marginally in November, according to the latest report released by the Australian Industry Group (AiG) and the Housing Industry Association (HIA) on Friday. Read more

Australia Has A$2.088 Billion Trade Deficit

Dec 07 2012 02:01:36 in Market

Australia posted a seasonally adjusted merchandise trade deficit of A$2.088 billion in October, the Australian Bureau of Statistics said on Friday - a fall of 47 percent or A$668 million in the deficit from the previous month. The headline figure beat forecasts for a shortfall of A$2. Read more

Australia Trade Deficit A$2.088 Billion In October

Dec 07 2012 01:01:35 in Market

Australia saw a seasonally adjusted merchandise trade deficit of A$2.088 billion in October, the Australian Bureau of Statistics said on Friday. That beat forecasts for a shortfall of A$2.2 billion following the A$1.456 billion deficit in September. Exports were flat on month after dipping 1. Read more

Forex News to Watch Today – December 7, 2012

Dec 07 2012 00:04:42 in Brokers

Australian Trade Balance - 00:30 GMT   The smallest continent in the world – Australia, keeps producing news like it’s the end of the world. Read more

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