Tag: Australian

Australian services and composite PMIs for October drop into contraction

S&P Global / Markit PMIs from Australia for October.Services 49.3 vs. September 50.6Composite 49.8 vs. September 50.9The preliminary results out back on the 23rd were in contractions (49.0 and 49.6 respectively Commentary from...

Australian Dollar Dips After RBA Hike by 0.25% as Expected. Where to for AUD/USD?

Australian Dollar, AUD/USD, RBA, CPI, PPI, ASX 200, Fed, BoE - Talking PointsThe RBA hiked by 0.25% for the second month in a row to 2.85%AUD/USD dropped on the news as there had...

Australian weekly consumer confidence survey falls again, down 1.5%

<p>ANZ-Roy Morgan Australian Consumer Confidence</p><ul><li> falls 1.5% on the week</li><li>fifth fall in a row</li><li>to 79.9</li></ul><p>More:</p><ul><li>inflation expectations surged to the highest level in more than a decade</li><li>Weekly inflation expectations jumped 0.5pp to 6.6%</li></ul><p>ANZ attribute...

AUD/USD Eyes Australian Retail Sales and China PMI Data as Iron Ore Prices Pose Headwind

Australian Dollar, AUD/USD, Retail Sales, China PMI, Iron Ore, Technical Outlook – Talking PointsAsia-Pacific markets look to trade higher on Monday as yields fallChina’s manufacturing PMI data for October may dictate sentimentAUD/USD may...

Australian Treasurer Chalmers says expects inflation to peak at the end of the year

Australian Treasurer Chalmers in response to today's higher than expected inflation data:Chalmers says he expects inflation to peak around the same level (as shown in the data today) at the end of...

Australian Dollar Snubs Red Hot CPI that Takes Puts the RBA on Notice. Where to for AUD/USD

Australian Dollar Snubs Red Hot CPI that Takes Puts the RBA on Notice. Where to for AUD/USDThe Australian Dollar ignored the much-anticipated Q3 CPI that came in above expectations at 7.3% ahead of...

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