Business Day 1/6/12 – Derek Mumford

May losses put at $100b MAY was a month many investors would rather forget as heightened worries about Greece and other debt-laden European economies sent sharemarkets and the... » Read more

Aussie April Retail Sales disappoint, Construction work rebounds in Q1

The Australian Bureau of Statistics released April 2012 Retail Sales and Q1 Construction data at 11.30am AEST today. Retail Sales declined by 0.2%, much less than the 0.2% rise expected. Construction... » Read more

The Age – Derek Mumford 16/05/12

Miners smashed as Greek crisis sparks sell-off Australian shares slumped to a two-month low today, led by resources stocks, on intensifying worries of a possible messy Greece exit from... » Read more

The Age – Derek Mumford 01/05/12

RBA slashes interest rates The central bank today cut its official cash rate by 50 basis points - twice the amount expected by economists - to 3.75 per cent. Today’s... » Read more

BusinessWeek – Derek Mumford 01/05/12

Aussie Dollar Drops, Yields Tumble After RBA Rate Cut Australia’s dollar plunged and its bond yields sank to record levels after the country’s central bank cut interest rates by more... » Read more

Aussie Retail Sales as expected in February

The Australian Bureau of Statistics released February 2012 Retail Sales data at 11.30am AEST today. Retail Sales rose by 0.2%, slightly lower than the 0.3% expected. Initial AUD reaction: 1.0425/29 prior... » Read more

The Australian – Derek Mumford 23/03/12

Manufacturing squeeze raises fears of sharp China slowdown GLOBAL investors are increasingly worried that China is facing a major speed bump, after its economy showed renewed signs yesterday that... » Read more

CNBC – Thomas Averill 07/03/12

Emerging Markets to Ease Policy as Growth Concerns Weigh By: Ansuya Harjani Emerging markets in Asia will maintain a bias towards easing monetary policy as economic growth concerns trump... » Read more

Bloomberg – Derek Mumford 08/03/12

Aussie Erases Losses, N.Z. Dollar Rallies on Stocks, U.S. Jobs Prospects By ... » Read more

Aussie economy loses jobs in February

The Australian Bureau of Statistics released the Employment report for February 2011 at 11.30am AEDT today. The unemployment rate ticked up to 5.2% from 5.1%. Net employment decreased by 15,400 in... » Read more