High-tech lift markets Stock markets continue to strengthen with increased demand for high-tech companies. The NASDAQ100 closed a second day in a row at record levels. Asia is following this trend as early Wednesday trading […]
Updates to Australia’s GDP report may spark a bullish reaction in AUD/USD as the growth rate is expected to pick up to an annualized 2.7% from 2.4% in 4Q 2017.
A shift in the Reserve Bank of Australia’s (RBA) forward-guidance may fuel the recent advance in AUD/USD as it boosts bets for a rate-hike in 2018.
Australia should remove its “colored glasses” when looking at China’s development, Chinese State Councilor and Foreign Minister Wang Yi said when meeting with his Australian counterpart Julie Bishop earlier this week. Bishop admitted that negative […]
Updates to Australia’s Wage Price Index (WPI) may fuel the recent weakness in AUD/USD as the gauge is expected to hold steady in the first-quarter of 2018.
The Minerals Council of Australia is urging the federal parliament to back the Trans-Pacific Partnership so that its benefits can start flowing to Australians as soon as possible. In a submission to the parliament’s joint […]
Asian stocks are set for a muted start to trading Monday with futures in Japan, Australia and Hong Kong all little changed. Focus in the region turns to Malaysia, where markets open for the first […]
Australia’s central bank sees faster economic growth this year and next but doubts inflation will reach the mid-point of its target band until 2020, a strong signal rates are set to stay at record lows […]
The Reserve Bank of Australia (RBA) will announce its May interest rate decision later today. As has been the case for nearly two years, few, if anyone, expects the RBA will move the cash rate […]
The dollar was steady near four-month highs on Tuesday, awaiting the Federal Reserve’s policy decision and U.S. employment data due later in the week for new insights. The dollar index against a basket of six […]