Australian data – Q4 2022 Retail sales -0.2% q/q (expected -0.6%)
<p>Retail sales from Australia, Q4 2022 comes in at -0.2% q/q</p><ul><li>expected -0.6%, prior +0.2%</li></ul><p>Australian Bureau of Statistics comments on the data:</p><ul><li>Retail sales volumes fell for the first time since the…
Read More »Indian refiners have begun paying for Russian oil via Dubai traders in UAE dirhams
<p>An interesting weekend item from Reuters about oil, but also about circumventing trade payments in the dominant USD – helping Russia to de-dollarise its economy.</p><ul><li>Indian refiners have begun paying for…
Read More »Events to Look Out For Next Week
The peace after the storm? After a Thunderous week, will the week ahead bring some sort of stability into the markets? With the ECB, BOE, and Fed out of the…
Read More »Australia regulator reviewing short-seller report on India’s Adani -Sydney Morning Herald
Original source: https://www.investing.com/news/stock-market-news/australia-regulator-reviewing-shortseller-report-on-indias-adani-sydney-morning-herald-2992624
Read More »Events to Look Out For Next Week
Recession fears are making a comeback and concern over the growth outlook are boosting haven flows and weighing on equities. The coming week features several PMI and GDP reports and…
Read More »Aussie Trade Balance supports AUD/USD, but US CPI eyed
The trade balance released by the Australian Bureau of Statistics has been released as follows: Australia November balance goods/svcs A$+13,201 mln, s
Read More »Australian (November) building approvals -9% m/m (vs, expected -1%)
<p>Interest rate rises impacting, of course.</p><p>Property prices in Australia have fallen with the RBA hiking rates. This makes new construction activity less attractive at the margin. </p><p>Private sector house approvals…
Read More »4 trading themes for 2023: #1 Never underestimate the spending power of the US consumer
<p class="MsoNormal">There are really only two camps in financial markets heading into 2023.</p><ol><li> The group that thinks the Fed has hiked too much and the economy is going into a…
Read More »AUD/JPY snaps two-day downtrend near 93.00 after mixed Aussie employment, inflation statistics
AUD/JPY picks up bids to print mild gains around 93.00 during the aftermath of Australia’s key employment and inflation numbers. In doing so, the Auss
Read More »Australia fines Uber $14m for misleading on fares and cancellation fees
Original source: https://www.investing.com/news/stock-market-news/australia-fines-uber-14m-for-misleading-advertisements-about-fares-and-cancellation-fees-2958653
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