Tag: Australian economy
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...
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...
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...
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...
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...
Breaking Financial News
CFPB Sues JPMorgan Chase, Bank of America, Wells Fargo for Zelle...
The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action...
