Commentary
Add as a preferred source on GoogleAustralia's trade report for September recorded overall monthly deficit on goods and services of AUD2.3bn despite unexpectedly strong import growth. This indicates exports of the country strongly surprised on the upside.…
Australia's trade report for September recorded overall monthly deficit on goods and services of AUD2.3bn despite unexpectedly strong import growth. This indicates exports of the country strongly surprised on the upside.
Moreover, the August deficit was revised down by nearly AUD0.4bn. As a result, the foreign trade deficit improved by AUD3bn between Q2 and Q3, though at AUD 7.5bn it remained substantial (equivalent to 1.8% of GDP), notes Societe Generale.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
