Market News

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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