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Investing.com-- Australia’s trade balance grew more than expected in April, as a drop in key commodity exports was offset by an even bigger decline in imports as local demand soured. Trade balance...
UBS analysts adjusted their forecast for Australia's real GDP growth in the first quarter of 2024, now expecting a slight increase of 0.1% quarter-over-quarter, down from the previously estimated...
Investing.com-- Australia’s economy grew less than expected in the first quarter, gross domestic product data showed on Wednesday, as weak consumption and softer contribution from exports weighed on...
Investing.com-- Australian consumer price index inflation grew more than expected in April, fueling renewed concerns that the Reserve Bank wil have to keep interest rates high to bring down price...
Bank of America (BofA) released a report forecasting that Commodity Trading Advisors (CTAs), known as trend followers, are expected to sell the US dollar (USD) in significant amounts this week. The...
Investing.com-- Australia retail sales grew at a slower-than-expected pace in April as consumer spending remained under pressure from sticky inflation and concerns over high for longer interest...
Bank of America reported that investors had broadly sold off the US dollar last week, influenced by slightly positive economic indicators from the United States. The movement came in response to...
Investing.com-- The Reserve Bank of Australia considered increasing interest rates during its May meeting, the minutes of the bank’s meeting showed on Tuesday, as it grappled with a sticky outlook for...
Investing.com-- Australian consumer sentiment deteriorated further in May, a private survey showed on Tuesday, as persistent concerns over sticky inflation and high for longer rates sparked little...
On Monday, Bank of America (BofA) provided insights into the potential actions of Commodity Trading Advisors (CTAs) in the coming week. According to BofA, CTAs might continue to sell the U.S. dollar...
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