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Inflation Data
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China's Exports Rose 7.2 Percent Year on Year to US$190.73 Billion in August
Sep 10, 2013China's exports rose 7.2 percent year on year to US$190.73 billion in August, 2.1 percentage points higher than the 5.1 percent increase in July, the General Administration of Customs announced Sunday. Expanding exports signals that the ...
Tags: Economy Recovers
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Australian Dollar Was Weaker as Markets Warmed Again to The Idea
Jul 26, 2013The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar
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Australian Businesses Will Keep Cutting Their Spending This Year
May 8, 2013Australian businesses will keep cutting their spending this year, with expectations for capital investment, employment and new credit set to fall further. The deteriorating outlook for the September quarter suggests that despite pockets ...
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Sharemarket Notched up Its Biggest Gain for Five Weeks as The Banks Led Broad-Based Gains
Apr 25, 2013The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
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Sharemarket Surged 1.7 Per Cent as Banks Led Broad-Based Gains
Apr 25, 2013The sharemarket surged 1.7 per cent yesterday as banks led broad-based gains following lower-than-expected domestic inflation data and stronger offshore markets. The benchmark S&P/ASX 200 jumped 86.2 points to 5102.4 points as investors ...
Tags: Banks, Inflation Data
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Dollar Was Down More Than Half a Cent Against The Greenback as Metals Stay Weak
Apr 23, 2013The dollar was down more than half a cent against the greenback because of continued fears of weakness in world commodity prices and ahead of local inflation data that might clear space for an interest rate cut next month. News last ...
Tags: Dollar, Metals Stay Weak
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Shares Climbed as Reserve Bank to Cut Interest Rates
Apr 23, 2013SHARES climbed yesterday following a rally in Japanese stocks and as some analysts saw potential for the Reserve Bank to cut interest rates next month. The benchmark S&P/ASX 200 closed up 0.7 per cent at a two-day high of 4966.6. The ...
Tags: economy
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Aussie Dollar Dipped as Low as $US1.0417 Immediately After The China Data
Apr 16, 2013The Australian dollar fell sharply in Asian trading yesterday on news that economic growth in China, Australia's largest trading partner, was much slower than expected in the first quarter of this year. At 5pm AEST, the dollar was buying ...
Tags: Aussie Dollar, GDP growth
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BHP Billiton, Rio Tinto and Woodside Petroleum Jumped After Commodities Rose
Apr 11, 2013BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
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Sharemarket Fell Slightly as Traders Took Profits in Financial Stocks and Other Defensives
Apr 11, 2013The sharemarket fell slightly yesterday as traders took profits in financial stocks and other defensives, while continuing to buy miners after China's benign March inflation data sparked an upturn in commodity prices. The benchmark ...
Tags: Stocks Dip, economy
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Sharemarket Weakened After an Early Rise
Mar 13, 2013The sharemarket weakened after an early rise, as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. Further gains in high-yield and ...
Tags: sharemarket, Stock, defensive stocks
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Sharemarket Reversed Rise as Mining Companies Declined on China's Growth Outlook
Mar 13, 2013The sharemarket reversed an early rise as mining companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector to from overweight to neutral. High-yield and defensive sectors initially ...
Tags: Stocks, sharemarket, shares
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S&P/ASX200 Closed Down 0.6 Per Cent at an Intraday Low of 5117.6 Points
Mar 13, 2013The sharemarket reversed an early rise as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. High-yield and defensive sectors initially ...
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Australian Businesses Pulled Back Their Profit Expectations for The Coming Months
Feb 7, 2013Australian businesses have pulled back their profit expectations for the coming months as they anticipate modest sales activity, difficult trading conditions and subdued consumer activity. After showing signs of optimism leading into the ...
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The AWEX Regional Indicators Finished 0.5% Lower at Sales in Sydney
Jan 29, 2013The AWEX Regional Indicators finished 0.5% lower, on average, at sales in Sydney, Melbourne and Fremantle this week when the US exchange rate rose by 0.1%. Overall, it was satisfactory market. The EMI finished down by 6¢ (5¢ ...
Tags: Australian Wool, Prices, Last Week