Tag: Australian economy

news-06082024-132416

Reserve Bank of Australia Maintains Rates with Hawkish Tone: Analysis & Insights

The Reserve Bank of Australia (RBA) has decided to keep interest rates unchanged at 4.35% during its recent meeting. This decision came as no...
news-01082024-192410

Australian Dollar Strengthens after Positive PPI Data

The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by...
news-29072024-183552

Australia Building Approvals Decline by 6.5% in June (vs. Expected -1.5%)

Australia experienced a decline of 6.5% in building approvals for the month of June, which was higher than the expected decline of 1.5%. This...
news-01072024-030223

Australian Dollar Strengthens as China’s Manufacturing PMI Beats Expectations

The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2...
news-22062024-202613

Australian Dollar Weakens as PMI Data Disappoints

The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing...

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