Insights

Aussie Retail Sales disappoint in May
04.07.11 The Australian Bureau of Statistics released May 2011 Retail Sales and Trade Balance data at 11.30am AEST today. Retail Sales declined by 0.6% for the month, well below the +0.3%... » Read more
Sydney Morning Herald 4/7/2011 – Thomas Averill
04.07.11 Dollar slips on soft retail numbers The Australian dollar slipped today after disappointing data bolstered the case for the Reserve Bank to stay on the sidelines for longer. The... » Read more
RBA interest rate hikes likely on hold after disappointing Aussie May jobs report
09.06.11 The Australian Bureau of Statistics released the Employment report for May 2011 at 11.30am AEST today. The unemployment rate remained unchanged at 4.9%. Net employment increased by 7,800, well below the... » Read more
RBA leaves rates on hold in June
07.06.11 At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were: - Global economy continues to expand - Current mildly... » Read more
Aussie Retail Sales bounce back strongly in April
02.06.11 The Australian Bureau of Statistics released April 2011 Retail Sales and Trade Balance data at 11.30am AEST today. Retail Sales rose by 1.1%, well ahead of the 0.4% expected. This... » Read more
Aussie Q1 GDP negative as RBA expected
01.06.11 The Australian Bureau of Statistics released first quarter 2011 GDP at 11.30am AEST today. GDP for Q1 declined by 1.2%, slightly worse than the -1.1% expected. The annualised figure came out... » Read more
Bloomberg 1/6/2011 – Derek Mumford
01.06.11 Dollar Falls Versus Euro on U.S. Slowdown Concern; Aussie Gains After GDP The dollar fell against the majority of its most-traded peers before reports likely to show U.S. companies hired... » Read more
RBA May minutes suggest negative AU GDP in Q1
17.05.11 The RBA released the minutes of the May 3rd Board meeting where they kept rates on hold at 4.75%, at 11.30am AEST today. The pertinent points were: - Higher rates... » Read more