Australia & New Zealand

Australian Dollar’s fall – Was it just the employment numbers?

January 16, 2014 8:30 am GMT+0  in Australia & New Zealand

Today’s weaker than expected employment data brought a strong fall for the Aussie. AUD/USD fell to 0.8796 before going into a sideways mode. AUD/JPY fell to 92.17 after failing at 93.33. Australian employment data Today’s released data showed that the employment numbers fell by 22,600 in December 2013 after the rise of 15,400 in December.Read the Rest…

Main Highlights of The RBA Meeting’s Minutes

September 17, 2013 9:14 am GMT+0  in Australia & New Zealand

Review of Economic conditions of the major trading partner – Overall Average Highlights: Overall growth of the major trading partners in the second quarter as been in line with the average of the last decade. China: GDP Growth in the second quarter was close to the target of 7.6%. Demand for property continued to riceRead the Rest…

Minutes of the RBA from its December 4 Meeting

December 18, 2012 5:16 am GMT+0  in Australia & New Zealand

The RBA released today the minutes of its Monetary Policy Meeting held on December 4, 2012. Important observations The bank reviewed the international economic situation and noted that conditions had turned marginally positive. Growth had stabilised in the Chinese economy due to easing fiscal policy and higher infrastructure spending. In the United States better consumerRead the Rest…

Australian Economic Outlook – Monetary Policy Statement of November 9th

November 9, 2012 4:38 am GMT+0  in Australia & New Zealand

Reserve Bank of Australia’s monetary policy statement of November 9th indicates slightly weaker outlook for the growth of Australian economy than what was indicated during the monetary policy statement of August 2012. The expected GDP growth during the Australian financial year of July 1st, 2012 to June 30th, 2013 is estimated to be slightly lessRead the Rest…

Australian Employment Data and AUD/USD

October 11, 2012 4:19 am GMT+0  in Australia & New Zealand

Just now the Australian Employment data was released and AUD/USD jumped very strongly. Australian Employment – Key Facts: Employment Change: The employment change in August was -9.1K and the consensus for September 2012 was for 3.75K but the data released was much stronger and showed a rise in the employment by 14.5K. Australian Unemployment Rate:Read the Rest…