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Thursday, 02 April 2015
News

Unemployment Claims decreased to 268,000

In the week ending March 28, the advance figure for seasonally adjusted initial claims was 268,000, a decrease of 20,000 from the previous week's revised level, beating market forecasts on smaller decrease to 286,000. The 4-week moving average was 285,500, a decrease of 14,750 from the previous week's revised average.  Read more...
Thursday, 02 April 2015
News

Australian Trade Balance deficit increased in February

In seasonally adjusted terms, Australian balance on goods and services showed a deficit of $1,256m in February 2015, an increase of $253m (25%) on the deficit in January 2015. This was in line with market forecasts. Goods and services credits rose $282m (1%) to $27,874m.Rural goods rose $390m (11%) and non–monetary gold rose $98m (8%). Non–rural goods fell $218m (1%) and net exports of goods under merchanting remained steadyat $34m. Services credits rose $11m.  Read more...
Friday, 06 March 2015
News

NFP employment rose by 295,000 in February

Total nonfarm payroll employment rose by 295,000 in February, compared with an average monthly gain of 266,000 over the prior 12 months. Analysts were anticipating smaller increase by 240,000. Job gains occurred in food services and drinking places, professional and business services, construction, health care, and in transportation and warehousing. Employment in mining declined over the month. Unemployment rate edged down to 5.5%, beating expectations on a decline to 5.6%. Read more...
Thursday, 05 March 2015
News

Australian Retail Sales rose 0.4% in January

Australian Retail Sales rose 0.4% in January 2015. This was in line with market predictions. It follows a rise of 0.2% in December 2014 and a relatively unchanged (0.0%) November 2014. The following industries rose in trend terms in January 2015: Household goods retailing (0.3%), Food retailing (0.1%), Clothing, footwear and personal accessory retailing (0.7%), Cafes, restaurants and takeaway food services (0.3%) and Department stores (0.5%). Other retailing (-0.2%) fell in trend terms in January 2015.
Read more...

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