Business Day 30/4/2013 – Derek Mumford

Stock rally pushes dollar higher The Australian dollar has closed higher, climbing above 103.5 US cents as a positive day on equity markets supported the currency. The Australian dollar was trading... » Read more

The Australian 25/4/2013 – Derek Mumford

Banks lead broad gains driven by inflation data THE sharemarket surged 1.7 per cent yesterday as banks led broad-based gains following lower-than-expected domestic inflation data and stronger offshore markets. The... » Read more

AU Q1 CPI report gives RBA room to move

The Australian Bureau of Statistics released Q1 2013 CPI data today at 11.30am AEST. Consumer prices rose by 0.4% in Q1. (0.7% exp) The annualised figure rose by 2.5%.... » Read more

Herald Sun 17/4/2013 – Richard Breen

$A lower on commodity price concerns THE Australian dollar is lower as recent falls in the gold price stoke uncertainty about other commodities. At 1700 AEST on Wednesday, the currency was... » Read more

March Jobs report a shocker

The Australian Bureau of Statistics released the Employment report for March 2013 at 11.30am AEST today. The unemployment rate rose to 5.6%. (5.4% exp) Net employment decreased by 36,100. (-7.5k... » Read more

RBA March minutes

The RBA released the minutes of the March 5th Board meeting where they kept rates on hold at 3.00%, at 11.30am AEDT today. The pertinent points were: • Says... » Read more

Sydney Morning Herald 18/03/13 – Derek Mumford

Markets Live: Cyprus sparks heavy losses Fears that a new front in the eurozone debt has been opened in Cyprus has seen Australian shares dive to start the week. 5:17pm: » Read more

Aussie job creation skyrockets in February

The Australian Bureau of Statistics released the Employment report for February 2013 at 11.30am AEDT today. The unemployment remained steady at 5.4%. (5.5% exp) Net employment increased by 71,500. (+10k... » Read more

RBA leaves rates on hold at 3.00% in March

At its Monetary Policy meeting today, the RBA left rates on hold at 3.00%. The key points in the accompanying statement were: -Global growth forecast a little below average... » Read more

FX Market Risk – Board Reluctance to Manage

Derek Mumford, our Director - Market Risk Advisory gives his thoughts on board reluctance to hedge FX risk. Click on the link below. FX Market Risk - Board Reluctance to... » Read more