Taiwan is considering opening a representative office in Western Australia
Taipei has offices in Australia’s capital, Canberra, and in Sydney, Melbourne and Brisbane. Western Australia is the country’s largest exporter of iron ore (along with other minerals of course). While the Taiwan…
Read More »Events to look out for next week
A new, “more mutated” and possibly more infectious covid variant out of South Africa weighed heavily on equities and boosted the demand for bonds on Friday, removing the feel good…
Read More »Australian Dollar Outlook: AUD/USD Back on the Offensive as Covid Restrictions Ease
The Australian Dollar is seemingly back on the offensive as lockdowns ease in Sydney and Melbourne. Improving sentiment may allow AUD/USD to capitalize on rising equities and commodity prices.
Read More »Australia November preliminary retail sales +7.0% m/m (vs +2% expected)
The preliminary data is, of course, subject to later revision. For now though, comes in at a whopping +7.0% m/m Further growth was the expectation given indications of high Black…
Read More »Events to Look Out For Next Week
The announcement on Friday that US President Trump, the First Lady and White House counsel Hope Hicks had all tested Covid positive rattled market sentiment. This comes on top of…
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…
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