Australia Business Inventories QoQ
Inventories from manufacturers, retailers, and wholesalers are tracked quarterly by the Business Inventories Index in Australia. Inventories constitute a significant component of the gross domestic product.
A higher than expected figure should be seen as negative (bearish) for the AUD while a lower than expected figure should be seen as positive (bullish) for the AUD.
Forex Sentiment (AUD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURAUD |
|
|
1.7058 -550 pips |
1.7794 -186 pips |
1.76080 | |
| AUDCAD |
|
|
0.9083 -136 pips |
0.9128 +91 pips |
0.92190 | |
| AUDJPY |
|
|
96.4301 -177 pips |
97.7203 +48 pips |
98.203 | |
| AUDNZD |
|
|
1.1034 -138 pips |
1.1064 +108 pips |
1.11722 | |
| AUDUSD |
|
|
0.6537 -127 pips |
0.6663 +1 pips |
0.66636 | |
| AUDCHF |
|
|
0.5275 -31 pips |
0.5605 -299 pips |
0.53062 | |
| GBPAUD |
|
|
1.9792 -568 pips |
2.0574 -214 pips |
2.03597 | |
| AUDSGD |
|
|
0.8727 +189 pips |
0.8843 -305 pips |
0.85376 | |
| XAUAUD |
|
|
5400.8373 -7060 pips |
5480.4924 -905 pips |
5,471.44 | |
| XAGAUD |
|
|
60.7617 -267 pips |
0 +6343 pips |
63.432 |
News (AUD)
Australia Business Conditions Improve; Confidence Falls
Australia's business conditions improved in August but confidence weakened after four consecutive increases, survey results from NAB showed Tuesday. The business conditions gained two points to 7 in August and remained around its long-run average. The improvement in August reflected gains in employment and profitability, while trading conditions stayed unchanged compared to the prior month.
RTTNews | 5 days ago
Australia Consumer Confidence Weakens In September
Australian consumer confidence declined notably in September and remained in a 'cautiously pessimistic' territory, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index declined 3.1 percent to 95.4 in September from 98.5 in August. The third 25 basis-point interest rate cut from the Reserve Bank of Australia had boosted sentiment in August.
RTTNews | 5 days ago
Australia Trade Surplus At 17-Month High; Household Spending Growth Rises
Australia's trade surplus surged to the highest level in more than a year in July and household spending growth accelerated for the third straight month in July, official data showed on Thursday. The trade surplus increased unexpectedly to A$7.3 billion in July from A$5.4 billion in June, the Australian Bureau of Statistics said.
RTTNews | 10 days ago
