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AUD News

This is a discussion on AUD News within the Analytics and News forums, part of the Trading Forum category; The Australian economy continued to struggle in October, the latest survey from the Conference Board said on Thursday as its ...

      
   
  1. #191
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    Australia Leading Index Eases In October - Conference Board

    The Australian economy continued to struggle in October, the latest survey from the Conference Board said on Thursday as its leading economic index dipped 0.1 percent on month.

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  2. #192
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    Australia Private Sector Credit +0.4% On Month In November

    Private sector credit in Australia was up 0.4 percent on month in November, the Reserve Bank of Australia said on Thursday - shy of forecasts for 0.6 percent and slowing from 0.7 percent in October.

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  3. #193
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    Australia Retail Sales Gain 0.4% In November

    AUD News-audusd-m5-alpari-limited.png


    The total value of retail sales in Australia added a seasonally adjusted 0.4 percent on month in November, the Australian Bureau of Statistics said on Friday - standing at A$24.774 billion.

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  4. #194
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    Australia Unemployment Rate Steady At 5.8% In December

    The jobless rate in Australia was a seasonally adjusted 5.8 percent in December, the Australian Bureau of Statistics said on Thursday.

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  5. #195
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    Australia New Motor Vehicle Sales Fall In December

    Australia's new motor vehicle sales decreased in December after rebounding in the previous month, figures from the Australian Bureau of Statistics showed Monday.

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  6. #196
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    Australia Consumer Prices Gain 0.4% In Q4

    Consumer prices in Australia climbed 0.4 percent on quarter in the fourth quarter of 2015, the Australian Bureau of Statistics said on Wednesday.

    AUDUSD M5: 39 pips price movement by AUD - Consumer Price Index news event :

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  7. #197
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    Australia December Trade Deficit A$3.535 Billion

    Australia posted a seasonally adjusted merchandise trade deficit of A$5.353 in December, the Australian Bureau of Statistics said on Wednesday - tumbling 30 percent on month.

    AUDUSD M5: 35 pips price movement by Australian Trade Balance news event :

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  8. #198
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    Australia Retail Sales Unchanged In December

    The total value of retail sales in Australia was flat in December on a seasonally adjusted basis, the Australian Bureau of Statistics said on Friday, worth A$24.759 billion.

    AUDUSD M5: 25 pips price movement by AUD Retail Sales news event :

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  9. #199
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    Australia Business Confidence Remains Tepid In January - NAB

    Business confidence in Australia showed a steady if low level of support in January, the latest survey from the National Australia Bank showed on Tuesday with an index score of +2.

    AUDUSD M5: 39 pips price movement by NAB Business Confidence news event :

    AUD News-audusd-m5-alpari-limited-39-pips-price-movement-nab-business.png


    "Financial market volatility has persisted, raising the risk of an adverse impact on Australian business that could threaten the recovery seen in the non-mining economy. However, today’s NAB Monthly Business Survey suggests that business confidence – where the negative effects from financial markets are likely to be felt first – have held up reasonably well in the face of this uncertainty. The confidence index remained unchanged at +2 points in January."

    "According to NAB Group Economist Alan Oster, “Given all the volatility in equity and financial markets, this is yet another relatively good result from the Business Survey. It suggests things remain broadly on track for the non-mining economy”.

    "Nevertheless, even though confidence remains positive, the index has eased to levels that are below the long-run average. Mr Oster says that “there are competing factors at play here, with reasonably good domestic fundamentals helping to offset what could potentially be a big drag on confidence from global markets”. Estimates from NAB Economics suggest that under normal conditions, domestic fundamentals would suggest a confidence reading that is around 4-5 points higher than current."

    "Business conditions have held-up around long-run average levels, however, they have eased notably from the highs of 2015, in large part driven by a sharp deterioration in WA, and to a lesser extent SA. In contrast, business conditions remain much more elevated in NSW and Victoria, although both of these have eased modestly from their recent highs as well."

    “Business conditions in mining have deteriorated to an eye watering -47 points, which is having a clear flow on effect to conditions in the major mining states” said Mr Oster. Overall business conditions fell only 1 point to +5 index points in January, equal to the long-run average."

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    Australia New Home Sales Surge 6.0% In December - HIA

    The total number of new home sales spiked 6.0 percent on month in December, the Housing Industry Association said on Wednesday - rising for the first time in four months.

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