All
 

 

Just in:  

You are here: Home»Markets»Fixed Income»Australia

Australia

Archive

Australia & NZ dollars off multi-month highs SYDNEY/WELLINGTON: The Australian and New Zealand dollars were off multi-month highs on Tuesday with investors cautious ahead of the US Federal Reserve's two-day policy meeting where it is expected to start slowing its massive stimulus program.The Aussie edged lower to $0.9300, from $0.9317 in early trade, pulling away from a three-month peak near $0.9400 set on Monday.It showed a muted reaction to minutes of the Reserve Bank of Australia's September policy meeting which kept the door open to further interest rate cuts, though it showed no urgency to move.The Aussie has gained more than 3 percent since late August, partly because markets judged the RBA had turned more neutral on policy. Yet the central bank has been hoping the currency would fall further to help cushion the domestic economy."The AUDUSD has risen more than 3 cents since the RBA last met and unless this is reversed in the coming days ...

Euro tripped by ECB, Aussie eyes rate decision SYDNEY: The euro struggled to gain any momentum in early Asian trade on Tuesday, while the Australian dollar nursed losses as bears bet on the prospect of a cut in interest rates later in the session.The common currency was at $1.3073, having pulled back from Monday's high of $1.3141. It fell as far as $1.3053 after the head of the European Central Bank (ECB) reiterated the central bank's readiness to cut interest rates again if ...
Australian shares rise on Wall St records, financials lead SYDNEY: Australian shares rose 0.7 percent on Thursday, underpinned by the financial sector as record overnight highs for the Dow Jones Industrial Average and the S&P 500 boosted risk appetites.Among banks, Westpac Banking Corp rallied 1.7 percent while biggest lender the Commonwealth Bank of Australia climbed 1.1 percent.The S&P/ASX 200 index added 31.4 points to 4,999.4 by 0201 GMT, after reaching an intraday high of 5,013.2. The index fell 0.2 percent on Wednesday.Miguel Audencial, sales ...
Yen holds gains as euro suffers on Italy uncertainty   SYDNEY: The yen held near one-month highs on Wednesday, remaining susceptible to bursts of short-covering as political uncertainty in Italy kept the euro under the gun.   Comments from Federal Reserve Chairman Ben Bernanke that eased market concerns of an early end to the Fed's bond buying programme, also somewhat cooled demand for the greenback.   The dollar was at 91.99 yen, up from a one-month low of 90.85 touched on Monday. The euro stood at 120.18, having skidded ...
NZ WELLINGTON: The local government authority for New Zealand city's biggest city Auckland said on Thursday it was putting a planned issue on hold as it looked at the implications of a court case.   Earlier this week, the Auckland Council had announced plans for the issue of up to NZ$175 million of six year, fixed rate secured bonds for infrastructure and other spending.   However, it said a court decision involving possible council liability for poorly constructed buildings raised ...
NZ WELLINGTON: New Zealand's Auckland Council said on Monday it would look to raise up to NZ$175 million ($143 million) through a bond issue to fund infrastructure.   It said it would offer six year, fixed rate secured bond, with the offer closing on Oct 12, when the interest rate would be finalised.   The rate would be the aggregate of the applicable 6-year swap rate at that time plus a margin of 1.08 per cent per annum on that ...
Soybeans firm as investors look for bargains, hover below $16 a bushel  SYDNEY: US soybeans rose on Thursday to hover below $16 a bushel, as investors looked for bargains following declines in the previous session when renewed concerns over the euro zone debt crisis and the record pace of the US harvest dragged on prices.   Corn, which hit a near three-month low on Wednesday, and wheat both climbed as well.   FUNDAMENTALS   Chicago Board Of Trade November soybeans gained 0.48 percent to $15.80-1/2 a bushel, after closing down 2.39 percent on ...

 



 
Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln