World shares and bond yields rose on Wednesday as the recent recovery in oil prices and a batch of positive economic data from Australia to the United States calmed fears of a global economic slowdown. Asian stocks hit a two-month high, Japan’s and China’s main indices both rose more than ...
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Asia stocks rise as risk appetite returns
The happy mood continues with the Australian and Canadian dollars both enjoying positive GDP reports. EUR/USD remains under pressure and USD/JPY is marching forward. Will these trends extend? Join me for a live market open, hosted by FXStreet: walking though recent developments and their impact on currencies, going through charts of majors, minors and crosses, previewing [...]
Read More »Australian Q4 GDP preview – ANZ
The ANZ Economics Team is forecasting a 0.5% q/q increase in Australia’s Q4 GDP today vs 0.4% expected, which would suggest that growth remains modestly below trend. key Quotes “ANZ is forecasting a 0.5% q/q increase in Q4 GDP (mkt: 0.4% q/q) following the 0.9% q/q rise in Q3. Year ...
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