Page 3 - Wayne Cole News Today

Australian retail sales crept higher in April as consumers stayed cautious in the face of high borrowing costs and rising rents, another sign household spending will add little to economic growth this... -May 27, 2024 at 09:39 pm EDT - MarketScreener

Australian retail sales crept higher in April as shoppers stayed frugal in the face of high borrowing costs and rising rents, another sign household spending will add little to economic growth... -May 27, 2024 at 10:11 pm EDT - MarketScreener

The Australian dollar was having another tilt at the upside on Tuesday as risk sentiment improved globally, while its New Zealand cousin reached a 10-week high helped by strong carry demand against...

Asia shares inch higher before inflation tests

By Wayne Cole

Australias central bank decided to stand pat on interest rates at its May meeting in part to avoid excessively fine-tuning policy, but judged a hike might be needed if forecasts on inflation proved... -May 20, 2024 at 11:32 pm EDT - MarketScreener

The Australian and New Zealand dollars faltered on Tuesday as momentum from last weeks rally seeped away and markets pondered the outlook for steady interest rates at home. The Aussie... -May 20, 2024 at 11:45 pm EDT - MarketScreener

The Australian and New Zealand dollars were looking to lock into a new higher trading range on Friday after clearing major chart barriers this week, while bonds celebrated revived hopes for rate cuts...

Australias central bank warned on Thursday there was no quick fix to the countrys housing shortage, which is pushing up prices and rents and adding to inflationary pressures. In a... -May 15, 2024 at 07:40 pm EDT - MarketScreener

Australian employment rose by more than expected in April, while the jobless rate climbed as the growth in workforce outpaced job creation, a sign the labour market is loosening gradually. ... -May 15, 2024 at 09:42 pm EDT - MarketScreener