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Australia's current account deficit in seasonally adjusted terms increased $1,794 million to $13,472 million in the June quarter 2018 driven mainly by increased net primary income deficit, according...
Originally published by CMC MarketsEuropean markets held firm overnight in the face of weaker than forecast manufacturing PMIs. A rally in Spanish, Italian and UK bonds suggests investors responded to...
Originally published by IG MarketsThe weak lead from Wall Street combined with US Labor Day holiday kept trading within financial markets soft and subdued overnight. The return of trade war concerns...
Originally published by AxiTraderTHE AUSTRALIAN DOLLARLooking at the G10 forex universe over the past 24 hours shows the Aussie dollar the stand out performer with a 0.3% gain to 0.7212. What's so...
Originally published by AxiTraderShort and sweet this morning given the US holidayNot a lot of action in the past 24 hours to kick off the week although the release of global PMI’s was a...
Originally published by CMC MarketsStock markets in Europe have had a good session considering the multitude of ongoing issues.EuropePresident Trump has reverted to a tough stance with both the EU and...
The first weekend of Spring saw a total of 1,752 capital city auctions, a decrease on last week’s 1,915 auctions held and lower than over the same week last year when 2,074 homes went to...
Apparent consumption of alcohol per person has dropped to levels not seen since the 1960s, according to data released by the Australia Bureau of Statistics (ABS) today."In 2016-17, the total alcohol...
Australian retail turnover was relatively unchanged (0.0 per cent) in July 2018, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.This follows a...
Originally published by AMP Capital Australian capital city dwelling prices fell for the tenth month in a row in August, with a fall of -0.4% which left average prices down -2.9% from a year ago,...
National dwelling values were down for the eleventh consecutive month suggesting spring selling conditions may deliver a challenge amidst rising advertised stock levels, tight credit and indications...
Originally published by AxiTraderTHE AUSTRALIAN DOLLARThe big mover Friday was the US dollar,which knocked the euro back below 1.16 (Italy was put on negative outlook by ratings agency Fitch) and...
Originally published by IG MarketsGlobal markets ended last week on the back foot, after trade talks between the US and Canada stripped traders of some hope that the global trade-war may be...
AUSTRALIAN ECONOMIC DEVELOPMENTSThis week the distribution of Australia’s income –as opposed to its growth –came under the spotlight, with the release of a landmark report on...
Originally published by AxiTraderMarket Summary (7.41am September 3 2018)The deal with Mexico hasn’t morphed into a new NAFTA the way markets hoped last week with President Trump telling...