Australia data – ANZ Job Ads for Auguist : +1.6% (prior +19.1%)
A revision for the prior, was +16.7%, revised to +19.1%
Read More »Recap September 6: Stocks drop, economy recovers, real pandemic numbers (Recap Ep087)
In this week’s recap talk about the real pandemic numbers and see how the economy is recovering but stocks dropped during these days. Factories in Asia & Europe continue to…
Read More »Ahead of RBA
Busy calendars in the US, the EU and Asia will keep markets on their toes this week. In the US, further evidence that the recovery continues at a solid pace…
Read More »China has begun its investigation into Australian wine subsidies
China investigating Australia dumping wine Earlier on this: AUD tipping a little lower
Read More »USOil – Reduced Production and Economic Recovery
Crude Oil Looks Neutral USOIL trades have been in the range of $39.20 – $41.90 since the beginning of July. Various factors drive the oil market, all of which eventually…
Read More »RBA: What we shall focus on from the RBA’s meeting
The RBA’s meeting is in focus ahead of Asia Session. No change is anticipated to the 0.25% rate setting. The Bank has expressed its commitment to ease credit conditions, seeking…
Read More »Events to Look Out for Next Week
Things are likely to get quiet now until the middle of August, when officials start to return from the summer holidays and another round of EU-UK trade talks is set…
Read More »Australia Building Approvals for June -4.9% m/m
Australia data out includes exports and import prices for Q2 – 1.24% q/q and -1.9% respectively Export Price Index -2.4% Import Price Index -1.9%
Read More »Australia coronavirus – Victoria expected to announce 275 new cases today
The state of Victoria is Australia’s 2nd most populous and has seen a big outbreak. The state authorities announced a mandatory mask-wearing rule over the weekend, to come into effect…
Read More »NZD/USD, NZD/JPY May Wilt as Covid-19 Concerns Halt Trans-Tasman Bubble
The NZD/USD and NZD/JPY exchange rates may break lower as surging coronavirus cases in Australia threaten the implementation of the Trans-Tasman travel bubble.
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