News
Australian Dollar nosedives on growing rate cut expectations
US pending home sales sank by 3.7% in December, the sharpest month-on-month decline seen since December 2013. The reading was below the downwardly-revised 0.6% increase of...
FOMC confident, RBA to cut with RBNZ stuck in neutral
More confident in the US economic recovery despite lower inflation expectations with a closer eye being kept on developments from offshore. That was the overriding theme to come...
Australian employment data – Unambiguously strong or unreliable?
For the umpteenth time since it was released I heard market commentators today make the statement "Australia's December's unemployment data was unambiguously strong' when discussing the potential for further monetary easing. Yes, the...
Door slammed shut on further RBA easing? Hardly.
Australian Q4 2014 CPI was released earlier on this morning with consumer prices rising 0.2% in the three months to December. The reading, the softest seen since Q4 2012, was below expectations for an increase of 0.3% and left the annual rate at +1.7%, the weakest...
Australia CPI, US FOMC await
US durable goods orders tumbled by 3.4% in December. The reading, below the downwardly-revised 2.1% decline of November and expectations for an increase of 0.5%, was the...
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