Dollar stronger on China stimulus
The Australian dollar traded around its highest levels in a month today, supported by news of more stimulus for China’s economy.
The Australian dollar traded around its highest levels in a month today, supported by news of more stimulus for China’s economy.
The Australian dollar rose to its highest levels since the end of March today after data showed a surprisingly strong jump in employment.
The Australian dollar came under renewed pressure in Asia today on news of weak economic growth in China and a slump in consumer sentiment in April. .
The Australian dollar was savaged in Asia today on the back of weak China trade data for March.
THE RBA could continue to cut record-low interest rates to aid the transition from mining.
THE RBA continues to warn that the Aussie dollar remains over valued despite the currency dropping today to its lowest levels since the GFC.
AGGRESSIVE monetary easings and currency devaluations by the world’s central banks are having a big impact on the setting of local interest rates.
UNEMPLOYMENT has further to rise as growth remains well below levels needed to drive the rate lower, says RBA board member.
THE RBA will likely leave interest rates on hold at next week’s policy meeting, fearing a further cut could put a rocket under too-hot property prices.
RATINGS agency Standard & Poor’s has backed warnings the federal budget is vulnerable to global economic shock.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/35