Australia: Home Loans
Monday, 16 January 2012 03:04
Australian Home Loans grew unexpectedly after Bank’s interest rate cut…
Read MoreAustralian economic data
Monday, 12 December 2011 02:47
Trade balance and home loans indicators…
Read MoreRBA keeps Interest Rates steady
Tuesday, 7 June 2011 09:24
Reserve Bank of Australia held an interview meeting earlier this morning; Glenn Stevens, Governor, discussed the views on Interest Rates only to keep them steady at 4.75%. This was expected as no rush of an Interest Rate hike was imminent
Read MoreAussie downgraded by one notch
Wednesday, 18 May 2011 11:55
Moody’s downgrades Australia. Four major banks of Australia were downgraded from Aa1 to Aa2, with the agency also cutting its view on the bank’s subordinated debt to Aa3 from Aa2, as well as the financial strength rating from B to B-. As Moody’s stated the cut downs reflect their view of Australian Banking.
Read MoreAussie and Yen fall after news releases
Thursday, 12 May 2011 11:23
After the news report the Japanese currency weakened contrasting the U.S Dollar and traded at USD/JPY 81.15 from 81.02. The pair is currently trading at 81.06, strengthening the yen slighty from the 13 pip fall.
The Australian Dollar also fell against the U.S Dollar after Australian news about jobless claims and employment change were released with a negative attitude; as opposed to what was expected. While jobless rates remained the same at 4.9%; employment change fell by a staggering 22.1K from an expected 17.6K.