Market News

Yen Touches 5-Month High Against Euro on Ukraine, Gaza – Thomas Averill

The yen touched the strongest level since February against the euro as investors sought haven assets after a Malaysia Airlines plane was shot down over Ukraine and amid escalating... » Read more

Yen Weakens Versus Dollar After China Growth Report; Pound Gains – Thomas Averill

The yen weakened from an almost six-week high versus the dollar as Chinese data signaled optimism for economic growth and fueled demand for riskier assets. The Japanese currency dropped against... » Read more

Aussie Dollar Falls for Fourth Day as Consumer Sentiment Worsens – Derek Mumford

Australia’s dollar fell for a fourth day after reports showed consumer sentiment deteriorated and home loans stagnated. Demand for the Aussie and New Zealand’s kiwi dollar was limited on concern... » Read more

August RBA Minutes Show Rates On Hold For Now

The RBA released the minutes of the August 6th Board meeting where they cut rates by 25 basis points to 2.50%, at 11.30am AEST today. The pertinent points were: •... » Read more

Unemployment Rate steady at 5.7% in July

The Australian Bureau of Statistics released the Employment report for July 2013 at 11.30am AEST today. The unemployment rate remained steady at 5.7%. (5.8% exp) Net employment decreased by 10,200.... » Read more

RBA cuts to 2.50%

At its Monetary Policy meeting today, the RBA cut the official cash rate to 2.50%. The key points in the accompanying statement were: - Global growth running little below average this... » Read more

Aussie Q2 CPI Report

The Australian Bureau of Statistics released Q2 2013 CPI data today at 11.30am AEST. Consumer prices rose by 0.4% in Q2. (0.5% exp) The annualised figure rose by 2.4%.... » Read more

RBA June Minutes Less Dovish

The RBA released the minutes of the June 2nd Board meeting where they kept rates on hold at 2.75%, at 11.30am AEST today. The pertinent points were: • A$ drop... » Read more

Chinese GDP As Expected in Q1 2013

The Chinese National Bureau of Statistics released a raft of economic data today at 12.00pm AEST. All figures released are annualised. GDP for Q2 2013 rose by 7.5% (7.5%... » Read more

Mid July Market News

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