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The Australian and New Zealand dollars took a breather on Friday after a week of choppy trading, with a disappointing survey on Chinese manufacturing providing another reason for caution. ...
Australian business investment rose to a near nine-year high in the March quarter as telecoms companies ramped up spending on data centres, while plans for future investment were also upgraded in a... -May 29, 2024 at 09:42 pm EDT - MarketScreener
The Australian and New Zealand dollars steadied on Thursday after suffering a setback from a surge in U.S. bond yields which soured risk appetites, while clouding the outlook for rate cuts globally. ...
Australian consumer price inflation unexpectedly rose to a five-month high in April due in part to increases in petrol, health and holiday costs, adding to risks the next move in interest rates... -May 28, 2024 at 09:44 pm EDT - MarketScreener
SYDNEY (Reuters) -Australian consumer price inflation unexpectedly picked up to a five-month high in April due in part to increases in petrol, health and holiday costs, bolstering expectations that interest rates would not be lowered any time soon. Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) rose at an annual pace of 3.6% in April, up from 3.5% in March and above market forecasts of 3.4%.