Australia Archives - Page 2 of 9 - Forex News and Forex Forecast

Australia rules out retaliatory tariffs after Trump moves forward with steel duties

adminFffFF0or31rMarch 12, 2025

by adminFffFF0or31rMarch 12, 202508

Australia will not impose reciprocal tariffs on the United States after Trump proceeded with 25% tariffs on all imported steel and aluminium, Prime Minister Anthony...

Market Analysis

Australia NAB Business Conditions Rise Marginally; Sentiment Weakens

adminFffFF0or31rMarch 11, 2025

by adminFffFF0or31rMarch 11, 202508

Australia’s business conditions improved marginally in February, while business sentiment deteriorated taking the index back into negative territory, survey data from the National Australia Bank...

Market Analysis

Here’s a forecast for Reserve Bank of Australia rate cuts in 2025: May and August

adminFffFF0or31rMarch 5, 2025

by adminFffFF0or31rMarch 5, 202508

Earlier this week I posted a three rate cut scenario projected by Australia’s largest bank: Via TD, analysts there anticipate that the Reserve Bank of...

Market Analysis

Australia GDP Growth Tops Expectations

adminFffFF0or31rMarch 5, 2025

by adminFffFF0or31rMarch 5, 2025012

Australia’s economy logged a faster-than-expected growth in the fourth quarter underpinned by exports and government spending, data from the Australian Bureau of Statistics revealed on...

Market Analysis

Australia Services PMI for February (final) 50.8 (prior 51.2)

adminFffFF0or31rMarch 4, 2025

by adminFffFF0or31rMarch 4, 202507

Australian February services and composite PMIs from S&P Global Services PMI 50.8 preliminary was 51.4 prior 51.2 Composite 50.6 preliminary was 51.2 prior 51.1 Earlier...

Market Analysis

Reminder – Reserve Bank of Australia Deputy Governor Hauser is speaking tomorrow

adminFffFF0or31rMarch 4, 2025

by adminFffFF0or31rMarch 4, 202509

This is billed as a ‘Keynote speech’, and its at the Australian Financial Review’s Business Summit in Sydney. Earlier today we had the minutes of...

Market Analysis

Goldman Sachs vs. the Reserve Bank of Australia (OK, not really)

adminFffFF0or31rMarch 4, 2025

by adminFffFF0or31rMarch 4, 202508

The Australian Financial Review Business Summit brings together speakers from across industries. From the blurb: A federal election that could result in a hung parliament,...

Market Analysis

Australia Manufacturing Activity Strengthens In February

adminFffFF0or31rMarch 3, 2025

by adminFffFF0or31rMarch 3, 202509

Australia’s manufacturing activity strengthened with new orders rising for the first time since November 2022, final survey results from S&P Global showed on Monday. The...

Market Analysis

Australia: Qantas flight forced to return to Sydney after smoke detected in cockpit

adminFffFF0or31rMarch 3, 2025

by adminFffFF0or31rMarch 3, 2025010

Qantas flight has been forced to return to Sydney Airport smoke was detected in the cockpit shortly after take-off incident occurred Monday morning local time...

Market Analysis

Australia Private Sector Credit Rises 0.5% In January

adminFffFF0or31rFebruary 28, 2025

by adminFffFF0or31rFebruary 28, 2025010

Total credit in Australia was up 0.5 percent on month and 6.5 percent on year in January, the Reserve Bank of Australia said on Friday....