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The Australian and New Zealand dollars were looking on Friday likely to end a tough week on a steadier note after their U.S. counterpart was sideswiped by surprisingly soft retail data, which also... -February 15, 2024 at 08:03 pm EST - MarketScreener
The Australian dollar slipped on Thursday after a surprisingly weak set of jobs numbers led investors to price in more chance of rate cuts this year, pulling bond yields lower. ...
Australian employment was surprisingly weak in January, while the jobless rate climbed to a two-year high in another sign the labour market was loosening in the face of a slowing economy and... -February 14, 2024 at 07:44 pm EST - MarketScreener
Australian consumer sentiment rebounded to a 20-month high in February as a slowdown in inflation fuelled hopes interest rates had finally peaked and boosted spending intentions, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer sentiment jumped 6.2% in February, from January when it fell 1.3%. Political partisanship was a notable feature of the survey as the confidence index among supporters of the Liberal National opposition slipped to 77.6, while that for supporters of the ruling Labor Party surged to 103.8.
Australian business conditions softened further in January led by a slowdown in the service sector, a survey showed on Tuesday, while price pressures ticked up again after cooling the month before. ... -February 12, 2024 at 07:30 pm EST - MarketScreener