AUD Forex News
Australia Jobless Rate Falls To 4.0%
Australia's unemployment rate dropped in May and employment increased notably, suggesting that the labour market is relatively tight, official data revealed on Thursday. The jobless rate fell to 4.0 percent in May, as expected, from 4.1 percent in April, the Australian Bureau of Statistics said. The number of people out of work decreased by 9,200 in May, reversing an increase of 33,000 in April
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2 days ago
Australia Business Sentiment Turns Negative In May: NAB
Australia business confidence turned negative in May underscoring that the economic activity continued to remain subdued into the second quarter, survey results from NAB showed on Tuesday. The business confidence index dropped to -3 in May from +2 in April.
At -6, the forward orders index remained deep in the negative zone.
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4 days ago
Australia GDP Adds 0.1% In Q1
Australia's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
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10 days ago
Australia Services Sector Slows In May - Judo Bank
The services sector in Australia continued to expand in May, albeit at a slower rate, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 52.5.
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10 days ago
Australia Company Gross Operating Profits Sink 2.5% In Q1
Company gross operating profits in Australia were down a seasonally adjusted 2.5 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday.
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11 days ago
Australia Has A$4.896 Billion Current Account Shortfall
Australia posted a seasonally adjusted current account deficit of A$4.896 billion in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday
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11 days ago
Japan Monetary Base Rises 0.9% On Year In May
The monetary base in Japan was up 0.9 percent on year in May, the Bank of Japan said on Tuesday - coming in at 678.824 trillion yen.
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11 days ago
Australia Manufacturing PMI Improves To 49.7 In May - Judo Bank
The manufacturing sector in Australia continued to contract, albeit at a slightly slower pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 49.7.
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12 days ago
Australia Private Sector Credit Climbs 0.5% In April
Total credit to the private sector in Australia was up 0.5 percent on month in April, the Reserve Bank of Australia said on Friday - exceeding expectations for 0.4 percent, which would have been unchanged from the March reading following an upward revision from 0.3 percent.
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15 days ago
Australia Construction Work Slumps 2.9% In Q1
The value of total construction work done in Australia was down a seasonally adjusted 2.9 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$64.032 billion.
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17 days ago
