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
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
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
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
Australian Dollar Weakens on Signs Greek Debt Crisis Unresolved
By Kristine Aquino
Feb. 27 (Bloomberg) -- The Australian dollar slid from a seven-month high against the yen amid concern that... » Read more
Australia, New Zealand Dollars Gain on Greek Deal, China Reserve-Ratio Cut
The Australian and New Zealand dollars advanced versus most major counterparts on the prospect euro-area governments will agree today... » Read more