AUD/USD struggles to gather upside traction as Aussie jobless rate rises
The AUD/USD pair is struggling to draw bids as Australia’s jobless rate ticked higher in June and full-time employment tanked. The pair is currently t
Read More »Australian state of Victoria new coronavirus cases rise by 238
Victoria is Australia’s second most populous state – 27,040 tests conducted in the previous 24 hours for 238 new cases – one more death added to the toll – 29…
Read More »Coronavirus – Australia will provide further income support, extended beyond September
Australian Treasurer Frydenberg says the further support will announced on July 23
Read More »ASX 200, AUD/JPY Outlook Dictated By COVID-19 Lockdown Measures
The ASX 200 and AUD/JPY at risk of a correction as cases of Covid-19 continue to climb in Australia’s second most populous state, Victoria.
Read More »Weekend Australian media – more China retaliation against Australia expected
A piece in a national newspaper in Oz over the weekend says to expect more tariffs imposed by China Due to PM Morrison floating the idea of providing safe haven…
Read More »Australian state sees a coronavirus surge – ‘strict lockdown’ no going out in place
Cases of COVID-19 have been climbing all week in Australia’s second most populous city of Melbourne. The count of new cases has been hovering around 70 for the past days…
Read More »Events to Look Out for Next Week
A quiet week is coming up in regards to economic data, but market attention will remain on geopolitical risks, particularly those stemming from simmering China-US tensions. Focus will be on…
Read More »Australia trade balance for May: AUD +8.025 bn (expected AUD +9bn)
AUD 8.025bn surplus – expected AUD 9bn surplus – prior AUD surplus revised to 7.83bn – exports expected -7% m/m, prior -11% – imports expected -9% m/m, prior -10% AUD…
Read More »AUD/JPY: Off intraday top after Aussie trade numbers
AUD/JPY eases from the intraday high of 74.45 to 74.38 amid Wednesday’s Asian session. Australia’s trade figures for June become the latest catalysts
Read More »The surge in Australian coronavirus cases continues – worst hit state racks up 75
Victoria is Australia’s second most populous state and its capital is the new coronavirus epicentre in the country – 75 new cases (for the 24 hours) – 4th worst day…
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