Articles

A$ at the mercy of global risk trends; local CPI release to define rates outlook
July 22, 2012

From persistent turmoil from the Euro area to expectations of further easing initiatives from China and the United states, the directives continue to come in thick and fast for the Australian dollar, and the week ahead promises to be little different...

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A$ forges new six-week high; EURAUD maintains south-bound trajectory
July 20, 2012

Better-than-expected earnings from technology stocks continued to underpin gains across U.S equities overnight, while persistent weakness from economic data kept the upside contained, with U.S equities finishing the day with moderate gains. U.S home ...

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A$ continues winning streak; EURAUD falls to fresh euro-era lows
July 19, 2012

The Aussie dollar maintained its north-bound trajectory overnight with strength from both European and U.S equity markets providing a solid backdrop for currencies of higher-yield. European equities set the pace earlier in the session and U.S markets...

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A$ bounces back after disappointing Bernanke testimony; EURAUD hits fresh euro-era lows
July 18, 2012

The much anticipated Bernanke testimony before the Senate Banking Committee took centre stage overnight, and once again market participants walked away suitably disappointed. While reiterating the Fed’s ability to provide further supportive measure...

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Soft U.S Retail Sales report shifts balance in favor of Fed stimulus; Bernanke testimony in focus
July 17, 2012

After looking decidedly vulnerable in early European trade, risk currencies sprung back to life in the ensuing period of the U.S retail sales release overnight. Retail sales fell 0.5 percent in June falling short the 0.2 percent rise expected to notc...

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Global markets rebound as Chinese growth data alleviates hard-landing fears
July 15, 2012

After a week of conjecture and innuendo, China’s official GDP release provided a degree of solace across global markets on Friday, recording annual growth of 7.6 percent in the second quarter. While we’ve learnt China’s growth may not be the gr...

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A$ slides ahead of key Chinese data
July 13, 2012

The Aussie dollar led risk currencies lower overnight with a series of negative themes weighing heavily on high-beta assets. The local unit began a steep decline after yesterday’s employment data which showed the Australian labour force decreased b...

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