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Aussie & NZ dollars bob up, BoJ eyed  WELLINGTON/SYDNEY: The Aussie and New Zealand dollars bobbed up on Friday, as risk aversion eased after the European Central Bank said it was ready to buy bonds of troubled euro zone countries, while markets awaited the outcome from a Bank of Japan policy meeting.   The Aussie dollar at $1.0264 from $1.0240 early, moving some distance away from a one-month trough of $1.0182 hit on Thursday.   The local currency's reluctance to remain below $1.0200 is frustrating Aussie bears and forcing them to cover shorts.   Traders say flows are very thin ahead of US non-farm payroll data due out later on Friday. Talk of sellers around $1.0275 with buyers near $1.0210.   Key support found at $1.0165, the September low, with Tuesday's trough of $1.0298 seen capping the topside.   Antipodeans taking advantage of improving risk appetite after the European Central Bank said overnight it was ready to buy bonds of troubled euro zone members.   The New Zealand dollar bobs ...

Aussie and NZ dollars supported off lows, eyes on US jobs  WELLINGTON/SYDNEY: The Australian and New Zealand dollars were supported above recent lows on Friday helped by firmer equities and strong talk about bond buying from the head of the European Central Bank, while investors awaited key US jobs data.   * The Aussie dollar at around $1.240 from Thursday's late local level around $1.0226. It ranged $1.0205 to $1.0273 overnight   * The Aussie has fallen around 1.5 percent so far this week, with much of the pressure coming ...
A$ hurt by soft retail sales, NZ$ edges up  WELLINGTON/SYDNEY: The Australian dollar fell across the board on Thursday and hovered around one-month lows against the US dollar as subdued retail sales data added to the case for further rate cuts, while the New Zealand dollar edged up.   The Australian dollar slips to a low of $1.0182, its weakest since Sept 6 after Australian retail sales edged up 0.2 pct in August, against forecasts of a 0.4 pct gain.   The meagre rise encouraged investors to wager ...
Yen near 2-week low ahead of BOJ, euro eyes ECB  SYDNEY/TOKYO: The yen struggled at two-week lows against the dollar on Thursday, with wary speculators taking a pre-emptive move just in case the Bank of Japan surprises this week by easing policy. The market also gave the Australian dollar a wide berth, but left the euro pretty much alone against the greenback as investors waited for the outcome of the European Central Bank meeting due at 1145 GMT.    The dollar bought 78.47 yen, flat from late U.S, ...
Australian and NZ dollars fade as data hurts  WELLINGTON/SYDNEY: The Australian dollar was hemmed in around a one-month low on Thursday as weak data at home and stronger US jobs numbers weighed, dragging the New Zealand dollar to a three-week low in its wake.   * The Australian dollar sits around $1.0210 just above its Sept 6 lows, and little changed from its late local level on Wednesday. It ranged a relatively tight $1.0196 to $1.0235 range overnight.   * The Aussie has lost around a cent ...
Aussie dollar feels the heat, bonds on fire  WELLINGTON/SYDNEY: The Australian dollar extended losses against the US dollar on Wednesday and hovered near multi-week lows elsewhere as markets priced in more cuts in domestic interest rates, boosting bonds.   The Australian dollar skids to $1.0222, its lowest since Sept 6, from $1.0263 early, having knocked out options at $1.0250. A break below $1.0200, an area of stop loss selling, opens the way to $1.0165, the Sept low.   Aussie has lost a cent and a half since ...
Aussie & kiwi dollars on the defensive, China PMI no help  SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on the defensive on Monday, as concerns over global growth and uncertainty about Europe's debt weighed on investor sentiment.   The Aussie eases to $1.0338 after China released official PMI numbers. The reading matched expectations at 49.8, signalling the Chinese economy, a key customer for the Australia and New Zealand, may be stabilising as recent pro-growth measures gained traction.    But the results fail to quell global growth worries with Europe ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln