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👤Arthur Greene
🕔December 2, 2016
Australian retail sales beat expectations for a third consecutive month in October, an encouraging sign for the economy heading into Christmas.
The retail sales rose at a seasonally adjusted 0.5% to $25.616 billion, following a gain of 0.6% in September that was the fastest in over a year, the national statistics bureau reported Friday.…
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👤Isaac Ndegwa
🕔September 6, 2016
In line with the expectations, the Royal Bank of Australia (RBA) has left the interest rates at 1.5%. The RBA chose to maintain its dovish bias for the remainder of the year. The RBA had earlier in May and August eased the monetary policy and chose to leave the rate unchanged as there was no economic change that warranted further easing of the monetary policy.…
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👤Lisa Harris
🕔August 14, 2016
Australian corporate bonds are losing out to their U.S. counterparts for the first time in six years, as the South Pacific nation wrestles with the aftermath of a mining bonanza. Lenders and Resource companies fell behind as a gauge of corporate notes Down Under returned 4.2%this year, trailing an 8.8% rally in U.S.…
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👤Arthur Greene
🕔July 31, 2016
JPY strengthened as soon as the Bank of Japan announced disappointing stimulus measures this month. The Central Bank’s vote to raise ETF purchases ended 7-2 in favour of raising the purchases from the previous annual pace of 3.3 trillion about 6 trillion yen.…
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Is the USD unstoppable?
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👤Lisa Harris
🕔July 19, 2016
The USD continues to make reach new highs as it broke a new resistance level today. The dollar has been winning against major currencies with big moves of strength observed against the Great British Pounds, Australian and New Zealand Dollars.
The US dollar has maintained a fairly consistent range since the EU referendum, which shows in the recent upward sloping of the US dollars chart.…
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