Insights

RBNZ keeps rates on hold at 2.50%

The RBNZ have left interest rates on hold at 2.50% today, surprising some in the market who had been expecting a reversal of the post earthquake emergency cut. However,... » Read more

San Francisco Chronicle 15/9/2011 – Thomas Averill

Euro Set for Weekly Gain as ECB Plan Eases Banks' Funding Woes The euro was set for its first weekly gain against the yen in three weeks on prospects... » Read more

Bloomberg 8/9/2011 – Thomas Averill

Dollar Gains Before Obama’s Jobs Speech; Euro Slumps on ECB Rate Outlook The dollar strengthened versus the euro and yen before President Barack Obama unveils proposals to spur job growth... » Read more

Aussie GDP jumps in Q2 2011

The Australian Bureau of Statistics released second quarter 2011 GDP at 11.30am AEST today. GDP for Q2 rose by 1.2%, better than the 0.9% expected. The annualised figure came out at... » Read more

RBA leaves rates on hold again in September

At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were: -  Prudent to maintain current policy - Global financial... » Read more

The Australian 6/9/2011 – Derek Mumford

The Australian dollar fell on Tuesday but showed some resilience to stay above 105 US cents, amid jitters over European sovereign debt and weaker than expected local... » Read more

ninemsn.com.au 6/9/2011 – Derek Mumford

At 1700 AEST, the Australian dollar was at 105.39 US cents, down from Monday's close at 105.71 US cents. During the day, the local unit moved between a low of... » Read more

Aussie Retail Sales bounce back strongly in July

The Australian Bureau of Statistics released July 2011 Retail Sales and Q2 CAPEX data at 11.30am AEST today. Retail Sales rose by 0.5%, ahead of the 0.3% expected and a... » Read more

The Australian 19/8/2011 – Derek Mumford

Australian dollar is up, but its run slowing THE Australian dollar strengthened yesterday, boosted partly by an improving stock performance in Australia. Despite the gains, however, traders and analysts said... » Read more

Bloomberg 19/8/2011 – Thomas Averill

Australian Dollar Gains for First Time in Three Weeks; N.Z. Currency Drops Australia’s dollar advanced for the first week this month against its U.S. counterpart, after touching the lowest level... » Read more