New Zealand Interest Rate Decision
December 7, 2011 2:24 pm by Russell GlaserToday at 20:00 GMT we will get the interest rate decision and press conference from the Reserve Bank of New Zealand. The RBNZ is expected to hold rates steady at 2.50% unlike the RBA which lowered Australian interest rates by ...
Japanese Home Construction Expecting Sharp Plummet
October 31, 2011 1:01 pm by Greg HoldenThis morning’s early publication of Japanese housing starts portrayed a capital economy in deep contraction heading into the end of 2011. Housing starts are an indicator of the number of private homes starting construction, making it an early gauge of ...
Japanese Retail Sales Plummet 1.2%
October 27, 2011 2:06 pm by Greg HoldenExpectations for this morning’s retail sales data out of Japan were for zero growth, which would have been a step in the right direction had it occurred. Unfortunately, the level of consumer spending on retail items in Japan fell by ...
Australian Core CPI Sluggish in October
October 26, 2011 3:27 pm by Greg HoldenConsumer inflation, as reported by the Reserve Bank of Australia (RBA) this morning, seems to have held steady at 0.6% in October. But the Trimmed Mean CPI, which is similar to the Core CPI reading of other countries since it ...
New Zealand NBNZ Confidence Report Halved
October 26, 2011 3:23 pm by Greg HoldenThe early morning’s publication by the National Bank of New Zealand (NBNZ) regarding consumer confidence in October presented a rather ominous reading on consumer outlook in the Pacific island economy. The reading from September was published at a diffusion index ...
New Zealand Dollar Expecting Volatile Move Monday Night
October 24, 2011 3:39 pm by Greg HoldenWith New Zealand banks on holiday Monday in observance of Labour Day, many are anticipating a volatile jump in the New Zealand dollar’s (NZD) value come reopening later this evening. The New Zealand economy is releasing a highly important data ...
Inflationary Growth Slowing in Australia
October 24, 2011 3:32 pm by Greg HoldenThe quarterly report on the Australian producer price index (PPI) revealed a slow-down in growth from an expected 0.8% to a reading of 0.6%. The indicator suggests that price increases related to increased demand for produced goods has diminished somewhat ...
Japanese Industry Falling Behind
October 20, 2011 8:57 am by Greg HoldenComing in line with Monday’s statement on revised industrial production, this morning’s release on All Industry Activity in Japan revealed another sluggish month for the island economy. Expectations were for a mild downturn, making the report less surprising, however.
Australian Employment Figures Lift AUD
October 13, 2011 2:50 pm by Greg HoldenThe value of the Australian dollar (AUD) made a jump in today’s early trading following reports from the Australian Bureau of Statistics that employment saw modest growth in September. The Employment Change figure was forecast to see an expansion of ...
What Does the RBA Have to Say?
September 20, 2011 2:05 pm by Greg HoldenTomorrow’s early morning release of the Reserve Bank of Australia’s (RBA) monetary policy meeting minutes will not likely carry a hefty impact on currency markets, though the commentary will be very prescient for analysts interested in what the RBA has ...
