AUD/USD Rises with Iron Ore as Westpac Consumer Confidence Looms
The Australian Dollar is gaining against the US Dollar as rising iron ore helps boost the Aussie Dollar. Westpac Consumer Confidence is in focus.
Read More »Westpac forecast the RBA will extend its QE and shift YCC to the November 24 bond
Reserve Bank of Australia forecast from WPAC Main points Westpac make: And: Bolding mine. Note that the RBA has repeatedly said its not expecting to tighten cash rate policy until…
Read More »Australia – Westpac leading indicator for March: 0.38% m/m (prior +0.01%)
Westpac Leading Index +0.38% m/m The 6 month annualised growth number from the report is +3.29% Thus, at 3.29% that’s pointing to strong above-trend growth this year. Interestingly the biggest…
Read More »NZ First impressions: NZIER Quarterly Survey of Business Opinion, March quarter 2021
The NZIER’s March quarter survey of business opinion signalled that the New Zealand economy is on a steady footing as analysts at Westpac have explain
Read More »Westpac have cancelled their October RBA rate cut forecast
Now forecasting November instead, at the Nov 3 meeting. NAB is October or November CBA and ANZ are both not in October either.
Read More »One for the NZD traders – dairy auction coming up on Tuesday
The Global Dairy Trade auction today during London time, 15 September 2020. Recent results: Comments from Westpac on what to expect (in brief): Over the coming months, we expect global…
Read More »Australia – Westpac Consumer Confidence Index for September: +18.0% m/m (prior -9.5%)
Australia – Westpac Consumer Confidence Index for September improves to 93.8 – prior -9.5% to 79.5 more to come
Read More »Australia Westpac Leading Index (MoM) fell from previous 0.44% to 0.1% in July
Australia Westpac Leading Index (MoM) fell from previous 0.44% to 0.1% in July
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