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Wednesday, 24 December 2014
News

Aussie almost unchanged in a tighter range morning trading

This morning CB Leading Index figures for Australia were released showing third consecutive month of decline, this month by 0.2%. Building approvals and the sales to inventories ratio made the largest negative contributions this month. Between April and October 2014, the leading economic index declined 1.0%, a reversal from its increase of 1.4% over the previous six months. Additionally, the weaknesses among the leading indicators have become more widespread than the strengths in the recent months. 
 
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Monday, 22 December 2014
News

Aussie slightly up in a steadier beginning of the week

Aussie is being supported sligthly this morning by raise in gold prices. This is usually period of year when gold and silver prices are in an uptrend due to Christmas jewelry shopping. On the other hand, iron ore prices are still in decline, with weaker demand coming from China. 
 
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Monday, 15 December 2014
News

New Motor Vehicle Sales decreased by 0.6%

Latest data on New Motor Vehicle Sales showed that in November 2014 seasonally adjusted estimate (91 869) has decreased by 0.6% when compared with October 2014. When comparing seasonally adjusted estimates for November 2014 with October 2014, sales of Passenger and Other vehicles decreased by 1.1% and 2.3% respectively. Over the same period, Sports utility vehicles increased by 1.3%.

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