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New York Ebola scare keeps Aussie & kiwi dlrs on the backfoot SYDNEY/WELLINGTON: The Australian and New Zealand dollars looked set to end the week on a sour note after a report that a doctor in New York had tested positive for Ebola weighed on risk appetite.Both Antipodean currencies, usually sold off in times of heightened risk aversion, fell against the yen, greenback and the euro.The Aussie slipped 0.3 percent to $0.8738 while its New Zealand counterpart dipped 0.1 percent to $0.7812. Against the yen, the Aussie unwound almost all of Thursday's rally to be at 94.31 yen. The kiwi shed 0.2 percent to 84.45 yen.Pressure emerged after the New York Times reported that a physician with Doctors Without Borders, who returned to New York City from West Africa, has tested positive for Ebola, making him the city's first diagnosed case.Adding to the cautious mood, average new home prices in China's 70 major cities fell 1.3 percent in September from a year ...

Aussie edges higher after China GDP; dollar slips vs yen SINGAPORE: The Australian dollar edged higher on Tuesday after China's third-quarter economic growth slightly exceeded market expectations, while the US dollar struggled to gain traction and retreated against the yen. China's economy grew 7.3 percent in July-September from a year earlier, slightly above the 7.2 percent forecast by analysts. However, the growth was the weakest for any quarter since the 2008/09 global financial crisis. The Aussie dollar, often seen as a liquid proxy of Chinese ...
Australian & NZ dollers gains, focus turns to China data SYDNEY/WELLINGTON: The Australian and New Zealand dollars stood firm on Tuesday, underpinned by a stabilisation in commodity prices as investors awaited key Chinese economic indicators amid global growth concerns.The Australian dollar paused at $0.8785, having gained 0.4 percent on Monday and pulling away from a four-year trough of $0.8642 touched earlier this month.Immediate focus was on a raft of Chinese economic data, including GDP for the July-September quarter, industrial output and retail sales for September.Growth ...
Australian dollar jumps after China GDP data beats forecasts SYDNEY: The Australian dollar jumped a quarter of a US cent after Chinese economic growth data was slightly above expectations.The Aussie went as high as $0.8815, from $0.8773 before the figures, and was last at $0.8800 to show a 0.2 percent gain on the day.The Aussie, which hit a four-year trough of $0.8642 earlier this month, is often seen as a liquid proxy of China's growth prospects given Australia's large trade exposure to the Asian ...
Australia & NZ dollars perk up as sentiment improves, data in focus SYDNEY/WELLINGTON: The Australian and New Zealand dollars were modestly higher on Monday, as they drew support from a more positive environment for risk-taking and waited for key local and offshore data. The Antipodeans were benefiting from the stronger-than-expected US data, which boosted equities and sparked a lift in treasury yields. The Aussie pushed up 0.4 percent to $0.8782 as it built on last week's gains and moved further away from a four-year low of $0.8642 ...
NZ dollar falls briefly on RBNZ statement, rebounds WELLINGTON: The New Zealand dollar briefly slipped to a session low on Friday, but quickly recouped its losses amid market speculation that the Reserve Bank of New Zealand had warned against strength in the domestic currency.The kiwi fell roughly half a cent to $0.7878, before recovering to around $0.7930 when market participants acknowledged that an announcement on changes to the RBNZ's currency basket did not contain a statement on currency strength."The Reserve Bank updated their ...
Australia & NZ dollars subdued, but outperform USD on week SYDNEY/WELLINGTON: The Australian and New Zealand dollars were subdued on Friday, but on track to post their best weekly gain in several months on the greenback as global growth worries have led investors to push out the likely timing of a US interest rate hike.The Aussie edged up 0.2 percent to $0.8777, and was up more than 1 percent on the week - its biggest gain in six months. Since falling to a four-year trough ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln