Australia's business conditions slump 7 points in May-Xinhua
Australia's business conditions slump 7 points in May-
Source: english.news.cn
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Australia Business Sentiment Weakens, Consumer Confidence Improves
Australia's business conditions and confidence weakened in May, indicating signs of slowdown in economic activity, survey results from the National Australia Bank showed Tuesday.
Source: rttnews.com
NAB lifts interest rate prediction
Economists forecast 4.6% cash rate by August
Source: brokernews.com.au
Australia's business conditions slump 7 points in May
Business conditions in Australia posted a sharp fall of seven points to eight points in May driven by declines in trade, employment, and profitability, according to a survey released by the National Australia Bank Ltd. (NAB) on Tuesday.The fall ...
Source: prokerala.com
Dollar Declines as Headline and Core CPI Slowed; Sterling Soars on Positive Job Data
Dollar falls significantly in early US session, reacting to reports that both headline and core CPI decelerated in May. This development boosts confidence to Fed policymakers to skip tightening at tomorrow's decision. Meanwhile, Canadian Dollar and Yen are following as the next weakest for now.Contrarily, Sterling is witnessing a surge, rebounding from its initial dip. Solid job figures, especially strong wage growth, are strengthening the argument for another rate hike by BoE next week. Euro, however, is falling behind following disappointing Germany ZEW data. Australian and New Zealand ...
Source: actionforex.com