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Thread: Australia Zone

  1. #1
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    Australia Zone

    Australia zone are known as a commodity currency. When we trade in commodities like gold we also need to read about news thats are released in Australia.

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    Re: Australia Zone

    Aussie Weakens, Expected Interest Rate Anticipation of Next Week
    6/Apr/2012 06:02

    Aussie plunged to its lowest level against the dollar last few months and also the Japanese yen on Thursday, as investors profit taking ahead of the Easter weekend is still continuing and key data on the U.S. labor weekend.

    The main reason investors profit taking ahead of the holiday is just in case if the U.S. employment data on Friday released a disappointing and also still waiting for China's inflation data released Monday also feared to affect the performance of risky assets.

    Another Aussie negative catalysts, expectations of Australia cut interest rates next month and fears hard landing scenario in China as an export market of Australia.

  3. #3
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    Re: Australia Zone

    AUD Outlook

    The central bank governor Australia (RBA) Glenn Stevens will potentially be "toast" if nations cut interest rates next month - at least among the borrowers.
    Dataindekshargakonsumen (CPI) untukkuartalMaretakand irilispada24April, sepekansebelumsidangregulerRBApe riodeMei. Since the cut in interest rates in November and December, the RBA stated that the interest rate is in conformity with the trend of economic growth - are usually seen around 3.25% - and the underlying inflation (price index relevant to monetary policy) approaches the midpoint of the inflation target range
    between 2% to 3%.
    Therefore, economists assume that during the relatively benign inflationary pressures in the March quarter CPI report, the prospect of rate cuts are still likely to occur.
    With the market closed on Friday regarding the celebration of Good Friday (Easter), then Monday will be the first opportunity for investors to trade after the release of U.S. jobs data report. But markets will also look at the season's first-quarter earnings report this week. <AA.N> Alcoa will begin to report a net profit on Tuesday. The number of companies will release earnings this week include <JPM.N> JPMorgan, Wells Fargo and Google <GOOG.O> <WFC.N>.
    Although the results of the data release non-farm payrolls for March was released over a period of lower than expected at only recorded 120,000, lower than the estimated 203 000, but there is upward revision to the data from February to 240,000 from 227,000 initially reported. As for the unemployment rate also dropped to 8.2%, the lowest level of 3 years.
    If the earnings report showed an encouraging increase in corporate profits, it could potentially increase the return to market optimism the U.S. economic outlook, as the market looks more and more convinced the Federal Reserve's monetary tightening can go before the European Central Bank.
    Increase in energy prices will increase inflationary pressures in the month of March. Producer Price Index (PPI), which will be released on Thursday, likely up 0.3% after a 0.4% rise recorded in the previous month, but for the core PPI, excluding food and energy prices, rose only 0.2% is predicted. While data Consumer Price Index (CPI) will be released on Friday up 0.3% predicted by the core CPI rose 0.2%.
    TheFedbelakanganiniterlihattidakmerisaukankondisii nflasi, dimanadalamminutesyangdirilispekanlalumenye butkanbahwanaiknyainflasiakibatdampakdari energy increase is only temporary.
    Fed's Beige Book, a survey of U.S. economic conditions that will be released Wednesday, will give you an idea whether businesses and consumers will cut back their spending to reduce the cost of the lot came out due to rising energy prices.

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    Re: Australia Zone

    The report Australian Bureau of Statistics publishes the trade balance of Australia: the report down, seasonally adjusted to -0.48, compared, -0.67 in the previous month.

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    Re: Australia Zone

    The National Australia Bank (NAB) Business Confidence Index rates the current level of business conditions in Australia. Changes in business sentiment can be an early signal of future economic activity such as spending, hiring, and investment. The index is based on data collected from a survey of around 350 companies. A level above zero indicates improving conditions; below indicates worsening conditions.

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    Re: Australia Zone

    Outlook AUD
    Published on 10 April 2012 06:52

    The dollar slid against a major rival on Monday after data U.S. non-farm payrolls release last Friday's disappointing, with the opportunity to re-open the Fed's loose monetary policy continued to boost economic growth.
    Aussie gained about 0.1% against the dollar at $ 1.0316 after briefly sank to an intraday low of $ 1.0253 was triggered news that China's annual inflation jumped in March melemapaui expectations.
    China's annual inflation jumped to 3.6% following the price of food is still not stable, but price pressures are expected to moderate in the remainder of this year, which gives Beijing the flexibility to ease monetary policy to boost economic growth.
    However, the Aussie is still potentially run into selling pressure following the RBA will cut its expectations for interest rates in the month of May.

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    Re: Australia Zone

    The Australian Dollar is down 0.70% against the JPY; the AUD/JPY makes fresh 8-week lows of 83.07. Seen overall the Aussie loses an average 0.12%.

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    Re: Australia Zone

    Aussie Continues Push Resistance
    Thursday, April 12, 2012 11:05 PM

    Monexnews - Aussie continues to move higher after the release of employment data in the high rate 1.0367, the peak current recorded for 7 days at the 1.0376 level.

    Aussie seems to still carry enough momentum to leave the strengthening of the trendline that occurs at the level of 1.0850. Stop the action may appear at the 1.0375 figure.

    "Investors are advised to consider a buy on dips, with a level that may be raised in the range 1.0330/35 for a daily basis", said IFR Markets Team. Australian dollar against the euro itself is also quite worthy to be observed, with restrictions on 1.2620.

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    Re: Australia Zone

    The Aussie attracts the largest gains up a whopping 0.84% on average across the majors, at the time of writing. Earlier data from Australia showed that Inflation expectations for April rose higher than the previous reading and the Unemployment rate for March eased slightly - in line with expectations.

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    Re: Australia Zone

    Aussie Weakens After Touch Had Highest Level in 10 Days
    Friday, April 13, 2012 10:40 PM

    (Vibiznews - FX) - In today's trading the Australian dollar exchange rate appear to have retreat against the dollar, after yesterday's sharp surge (13/04). Aussie this morning despite the sluggish stock exchanges the Asia seems to have a pretty good hike. Aussie slowdown driven by a sell-off after the data of China's economic growth slumped.

    This morning has been released some economic data from China. One of the most important is economic growth in the first quarter last year. Noted that the annual economic growth in the first quarter amounted to only 8.1%. The growth rate is far from the expectations of 8.4%. Meanwhile, economic growth in the fourth quarter of far greater reach 8.9%.

    This morning the Australian dollar exchange rate appears to be in the position of 1.0395 dollars. The position of the Australian dollar declined compared to the close of trading early this morning in the level of 1.0440 dollars. Today the Australian dollar has surpassed the highest level was reached yesterday and again touched its highest level since last April 3.

    Analyst Research Vibiz of VIbiz Consulting estimates that the Australian dollar movement in trading today will likely decline further. Australian dollar is estimated to be trying to test support level at 1.0330 dollar positions.

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