AUD – Page 17 – ricardian ambivalence

Two and a half things about Q2 Aussie GDP

The Q2 National Accounts were around expectations, printing at +0.6%q/q, and +3.7%y/y. This is just about exactly on the RBA’s

The Q2 Balance of Payments data revealed a surprising decline in foreign holdings of Australia Government Debt. The transactions data

The September RBA statement gave the market less ‘dovishness’ than it anticipated, and as a result we have seen a

Market expectations for tomorrow’s RBA meeting are very low – at close on Monday the OIS market had ~4.5bp of

The August Manufacturing PMI for China printed at 49.2pts, down 0.9pts from July and 0.8pts below the median estimate. The

Last week’s FX related posts (1, 2, and 3) raised a lot of questions in the Comments section. Here are

Forget efficient markets, in Fixed Income & FX Carry Is King. So it should be no surprise that carry has

Chris Joye linked to our post on the cost of FX intervention: which got the readership up… It also got

There is a lot of soft headed piffle that’s published on the subject on the Australian Dollar. This week’s article

Today’s Q2 wages data (+10bps to +1%q/q v. mkt +0.8%q/q) makes it very hard to see the RBA easing rates

I am generally a proponent of the unemployment-only take on the labour market survey – the survey is designed to

The resilience of the AUD has come as a surprise to many in the market, particularly as the foreign exchange