Australian Dollar Outlook - 15 April 2013
Bell FX Currency Outlook: The Australian Dollar's strong run of late has moderated after a decline in commodity prices on Friday and some modestly disappointing figures from the US.
Australian Dollar Outlook - 08 April 2013
The Australian Dollar tumbled one US Cent on Friday night in an interesting end to the week as base metals prices fell lower, as markets became concerned about the pace of global growth.
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Superannuation Changes still Lacking in Benefits
Australia has introduced changes to the tax treatment of superannuation but critics are quick to point out that reforms barely scratched the surface of needed reforms to address the incredible inequity that lies at the heart of the tax treatment of superannuation, according to the Australia Institute.
Australian Dollar Outlook - 05 April 2013
Bell FX Currency Outlook: The Australian Dollar is weaker this morning as financial markets showed disappointment with overnight's ECB meeting and weaker than forecast data in Europe and the US.
Australian Dollar Outlook - 04 April 2013
Bell FX, IG Markets Currency Outlook: The Australian Dollar is trading near USD 1.0450 after a mixed session overnight. The AUDEUR will be closely watched today as local retail sales and building approvals, a good measure of returning consumer confidence, has been estimated to kick 0.3 per cent and 2.5 per cent higher, respectively and should provide more traction to the AUD.
Australian Dollar Outlook - 03 April 2013
The Australian dollar has opened near USD 104.50 after an up-and-down offshore session.
Australian Dollar Outlook - 2 April 2013
Bell FX, IG Markets Currency Outlook: The Australian Dollar has returned from the Easter break slightly better ahead of the Reserve Bank of Australia announcement later today.
Australian Dollar Outlook - 28 March 2013
Bell FX, FXstreet, IG Markets Currency Outlook: The Australian Dollar remains firm and trading USD 1.0500 heading into the start of the local trading day, but some bearish movement is seen going towards the Easter holiday.
Australian Dollar Outlook - 27 March 2013
IG Markets, Bell FX Currency Outlook: The Australian Dollar has maintained its overnight gains trading within the range of USD1.0489 to 1.0500 USD at the start of the trading day.
Australian Dollar Outlook - 26 March 2013
Bell FX, CMC Markets Currency Outlook: The Australian Dollar was well bid in overnight trading, particularly against the EUR, as initial optimism over the Cyprus bank bailout plan gave way to concerns about what it could mean for other European economies. Nonetheless, this does not remove the cautious stance of most investors leading into the Easter holiday.
Australian Dollar Outlook - 25 March 2013
Bell FX Currency Outlook: It was a quiet night of trading on Friday as financial markets await the result of ongoing discussions in Cyprus.
Australian Dollar Outlook - 22 March 2013
Bell FX Currency Outlook: Despite the tension currently existent in currency markets, exchange rates failed to move much overnight.
South African housing market is now gaining momentum
After a lackluster performance in the past four years, the South African housing market is now gaining momentum.
Australian Dollar Outlook - 21 March 2013
Bell FX Currency Outlook: Despite quite reasonable movements in core currencies overnight, the AUD is largely unchanged this morning.
Australian Dollar Outlook - 20 March 2013
Bell FX Currency Outlook: The Australian Dollar has fallen after the Cyprus Parliament rejected a bank deposit tax designed to save the country from bankruptcy.
Australian Dollar Outlook - 19 March 2013
Bell FX Currency Outlook: The Australian Dollar has recovered in overnight trade as markets digest the situation in Cyprus and look forward to today's release of RBA minutes from its March 5 board meeting.
Australia Markets Overview - 18 March 2013
On Friday night the US markets finally ended their stellar run. The Dow closed down 25 points to 14514, ending its north-moving prints at eight consecutive record highs, and ten consecutive northward moves - its longest winning streak since 1996. The S&P again found itself unable to reach its 2007 all-time high of 1576 (intraday), and closed within four points of its highest ever close of 1565, as US sentiment waned.
Australian Dollar Outlook - 18 March 2013
Bell FX Currency Outlook: Volatility has increased in the FX markets this morning after the surprise announcement over the weekend Cyprus bank
depositors must assist in the bailout of their banking system.
Currency Markets: Australian, USD Outlook - 15 March 2013
Bell FX, IG Markets Currency Outlook: The Australian Dollar remains in positive territory after the global financial markets welcomed Australia's better than expected employment data yesterday.
New Pope 2013: Pope Francis Sits on Vatican Bank with $8B Assets Shrouded in Secrecy
The new leader of the Catholic Church, Argentine Cardinal Jorge Mario Bergoglio or Pope Francis, who shares to have lived a simple life, will be overwhelmed at how much money the Vatican Bank holds at this time.
Australian Dollar Outlook - 14 March 2013
Bell FX, CMC Markets Currency Outlook: The Australian Dollar has opened slightly lower this morning as continued strong data out of the States saw the US dollar higher overnight.
Australian Dollar Outlook - 13 March 2013
Bell FX Currency Outlook: The Australian Dollar hits a 3-week high overnight by trading through USD 1.0300 assisted by weakness in the New Zealand Dollar.
Australian Dollar Outlook - 12 March 2013
Bell FX Currency Outlook: The Australian Dollar followed the lead from Wall Street overnight and is maintaining its momentum.
Canberra is 100: Australia City of Laws, Porn, Drugs
As Canberra turns 100 on Monday, Australia's capital turns 100 on Monday, there are some interesting facts that one ought to know about this city girded with parliament halls.
Australian Dollar Outlook - 11 March 2013
Bell FX Currency Outlook The Australian Dollar has fallen modestly after the US jobs data on Friday night was better than expected.
Australian Dollar Outlook - 01 March 2013
Bell FX Currency Outlook: The Australian dollar has resumed its softer tone this morning after a quick move up yesterday afternoon.
Global Markets Overview - 27 February 2013
The Dow Jones Industrial Average gained 108 points, or 0.8%, to 13893 in afternoon trading, reclaiming about half of Monday's 216-point tumble, which was triggered by Italian election results that ushered in political uncertainty.
Australian Dollar Outlook - 27 February 2013
Bell FX Currency Outlook The Australian Dollar continued its weak tone overnight as no clear result occurred in the Italian election and Fed President Bernanke testified before a US Senate committee.
Australian Dollar Outlook - 26 February 2013
Bell FX Currency Outlook: Australian Dollar dips in morning trade on Italian political instability.