Australian Stock Market Report - Morning 04/13/2011
The US trade deficit narrowed by 2.6pct to $45.8 billion in February. US imports fell by 1.7pct in February, while exports fell by 1.4pct.
Australian Dollar Outlook 4/11/2011
After a very strong run in recent weeks, the AUD has taken a breather overnight, with a drop in commodity prices and a stronger USD pulling the AUD back below the USD1.0500 level.
Daily Forex Forecast 04/12/2011
With little in terms of significant local events yesterday the Australian dollar drifted slightly lower overnight to open this morning at a rate of 1.0497.
Australian Stock Market Report - Morning 04/12/2011
The IMF maintained 2011 and 2012 global growth forecasts of 4.4pct and 4.5pct respectively, in its latest world economic outlook.
Daily Forex Forecast 04/11/2011
The Australian Dollar opened Friday morning finding fresh new support above the 1.05 level against its US Counterpart.
Australian Stock Market Report - Morning 04/11/2011
The US White House and Republicans made a budget deal on Friday night to prevent closure of Government offices.
Australian Stock Market Report - Morning 04/08/2011
US consumer credit rose by $7.62 billion in February after a downwardly revised $4.45 billion rise in January.
Australian Dollar Outlook 4/7/2011
The Australian Dollar has pushed to another post-float high above 1.0400 with the US Dollar sold right across the board and commodity prices surging.
Daily Forex Forecast 04/07/2011
The Australian dollar opens this morning at a rate of 1.0435 against the greenback after hitting a fresh post-float high of 1.0450 in offshore trade.
Australian Stock Market Report - Morning 04/07/2011
The Chicago Fed Midwest manufacturing index rose from 82.2 to 83.3 in February. An array of sub-sectors recorded healthy gains including auto´s, steel, and machinery manufacturers.
Australian Dollar Outlook 4/6/2011
The Australian Dollar has eased off recent highs overnight, dipping below USD 1.0300, as equity markets reacted to the China Central Bank’s announcement to raise interest rates by 0.25%.
Daily Forex Forecast 04/06/2011
The Australian Dollar opens marginally lower today against the greenback at 1.0360.
Australian Stock Market Report - Morning 04/06/2011
The People´s Bank of China has lifted interest rates for the fourth time in six months, raising lending and deposit rates by 25 basis points or a quarter of a percent.
Australian Dollar Outlook 4/5/2011
Stock markets were fairly quiet overnight despite more M&A activity. The AUD/USD remains just under the 1.0400 level this morning as the market awaits comments from the RBA’s meeting this afternoon.
Daily Forex Forecast 04/05/2011
The Australian Dollar opens marginally lower today against the greenback at 1.0360.
Australian Stock Market Report - Morning 04/05/2011
There were more signs of recovery in the German economy on Monday with new car registrations up 11pct over the year to March to 328,000 vehicles.
Australian Dollar Outlook 4/4/2011
The Australian Dollar touched another post-float high this morning above 1.0400 after a stronger than anticipated jobs number from the US on Friday evening.
Daily Forex Forecast 04/04/2011
The Australian Dollar hit fresh 29-year highs on Friday night after US employers added more jobs than forecast last month fuelling another session of risk appetite.
Australian Stock Market Report - Morning 04/04/2011
US non-farm payrolls rose by 216,000 in March - the largest increase in ten months. The private sector accounted for all the jobs, adding 230,000 positions.
Daily Forex Forecast 01/04/2011
The Australian Dollar has risen for the 10th straight day and reached new highs overnight as commodities continue to rise and retail sales rose more than expected.
Australian Stock Market Report - Morning 01/04/2011
US initial jobless claims fell by 6,000 to a seasonally adjusted 388,000 last week.
Australian Dollar Outlook 31/03/2011
The Australian dollar advanced further again overnight to record a new post-float high of USD1.0338.
Daily forex forecast 31/03/2011
Prospects that global growth will spur demand for commodities has seen the Australian Dollar rise to its strongest level since it was freely floated in 1983.
Australian Stock Market Report 31/03/2011
The US ADP employment report was in line with forecasts with employers adding 201,000 private sector jobs in March.
Australian Stock Market Report - Morning 29/03/2011
US consumer spending rose by 0.7pct in February after an upwardly revised 0.3pct gain in January.
Australian Dollar Outlook 28/03/2011
The Australian Dollar traded to a post float high of 1.0294 offshore on Friday as equity markets remained firm.
Daily Forex Forecast 28/03/2011
The Australian Dollar has soared to fresh multi-decade highs above 1.0280 at the end of last week, and with no apparent catalyst to the move it reconfirms the current bullish momentum behind the commodity currency as market orders push the currency pair towards 103 cents.
Australian Stock Market Report - Morning 28/03/2011
The US economy grew more quickly than previously thought with the fourth quarter annualised GDP result upgraded from 2.8pt to 3.1pct.
Australian Dollar Outlook 23/03/2011
The Australian Dollar has opened firmer this morning, trading north from yesterday’s levels through USD 1.0100 after continued support from investors seeking higher yielding assets.
Daily Forex Forecast 23/03/2011
The Australian Dollar was supported yesterday by firmer commodity prices and a return to risk after last week's co-ordinated G7 intervention to curtail the surging Japanese Yen.
