Australia GDP Deflator QoQ
A price value in Australia is computed by dividing it by the real equivalent of that price value. The implicit price deflator (IPD) is a measure of inflation (the chain volume measure). Compared to the individual price indexes issued by the Australian Bureau of Statistics, the index of producer prices (IPDs), which is derived from significant national accounting aggregates such as gross domestic product, is tied to a broader range of goods and services in the economy. An increase or decrease in the implicit price deflator indicates that there have been changes in both the price of the underlying aggregate as well as the composition of the underlying aggregate for which the implicit price deflator is computed.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) 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 |
|
|
1.6288 -46 pips |
1.6419 -85 pips |
1.63343 | |
| AUDCAD |
|
|
0.8972 -60 pips |
0.9034 -2 pips |
0.90315 | |
| AUDJPY |
|
|
99.5933 -274 pips |
101.8517 +49 pips |
102.338 | |
| AUDNZD |
|
|
1.0866 -93 pips |
1.0987 -28 pips |
1.09595 | |
| AUDUSD |
|
|
0.6535 -43 pips |
0.6612 -34 pips |
0.65779 | |
| AUDCHF |
|
|
0.5881 -90 pips |
0.6075 -104 pips |
0.59714 | |
| GBPAUD |
|
|
1.8791 -205 pips |
1.9128 -132 pips |
1.89962 | |
| AUDSGD |
|
|
0.9140 +224 pips |
0.9277 -361 pips |
0.89157 | |
| XAUAUD |
|
|
3276.6986 -23826 pips |
3601.4508 -8649 pips |
3,514.96 | |
| XAGAUD |
|
|
39.5820 -196 pips |
42.3541 -81 pips |
41.541 |
News (AUD)
Australia Holds Key Rate At 12-Year High
The Reserve Bank of Australia left its benchmark interest rates unchanged at a 12-year high for a fourth straight meeting, as widely expected, on Tuesday. The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4.35 percent. The board also retained the interest rate paid on Exchange Settlement balances at 4.25 percent.
RTTNews | 1 day ago
Australia Retail Sales Slump 0.4% In March
The value of retail sales in Australia was down a seasonally adjusted 0.4 percent on month in March, the Australian Bureau of Statistics said on Tuesday - coming in at A$35.663 billion.
RTTNews | 1 day ago
Australia Services PMI Slips To 53.6 In April - Judo Bank
The services sector in Australia continued to expand in April, albeit at a slower rate, the latest survey from Judo Bank revealed on Friday with a services PMI score of 53.6.
RTTNews | 5 days ago
