The Australian 20/12/2011 – Derek Mumford

Shares hammered as gloom spreads over retail slump, Europe debt and Korea concerns THE negative sentiment in global financial markets worsened yesterday as investors feared the death of ... » Read more

Bloomberg 15/12/2011 – Derek Mumford

Euro Nears 11-Month Low Before German PMI The euro traded 0.4 percent from the weakest level in 11 months against the dollar amid concern Europe’s sovereign-debt crisis will drive up... » Read more

Aussie unemployment rate ticks up to 5.3%

The Australian Bureau of Statistics released the November employment report at 11.30am AEDT today. The unemployment rate rose to 5.3% from 5.2%. Net employment declined by 6,300, much worse than the... » Read more

RBA cuts rates by 25 basis points to 4.25%

At its Monetary Policy meeting today, the RBA cut interest rates by 25 basis points to 4.25%. The key points in the accompanying statement were: - Global growth moderating - Saw... » Read more

Bloomberg 3/12/2011 – Derek Mumford

Aussie, N.Z. Dollars Rise First Week in Month on Appetite For Higher Yield The Australian and New Zealand dollars rose for the first week in a month versus their U.S.... » Read more

Bloomberg 02/12/2011 – Derek Mumford

Australia, New Zealand Dollars Set for Weekly Gain Before U.S. Jobs Report The Australian and New Zealand dollars were set for a weekly gain against most major peers before... » Read more

October Retail Sales disappoint, Building Approvals plunge

The Australian Bureau of Statistics released October 2011 Retail Sales and Building Approvals data at 11.30am AEDT today. Retail Sales rose by 0.2%, less than the 0.4% the market was... » Read more

Bloomberg 29/11/2011 – Thomas Averill

Yen Falls Versus Dollar, Euro on Share Gains, Azumi Comments; Won Rallies The yen and dollar weakened against most major peers as Asian stocks extended a global rally, sapping demand... » Read more

Sydney Morning Herald 29/11/2011 – Thomas Averill

 Dollar dips after MYEFO release The Australian dollar is lower after the release of the federal government's Mid-Year Economic and Fiscal Outlook (MYEFO). Treasury has announced a deficit for the current... » Read more

Bloomberg 25/11/2011 – Thomas Averill

Australian Dollar Falls as European Crisis Stems Demand for Higher Yields The Australian dollar slid for the fourth time in five days as European leaders struggle to agree on measures... » Read more