Showing posts with label Australia. Show all posts
Showing posts with label Australia. Show all posts

Tuesday

Asian Market Update: Japan sees first trade deficit in more than 3 decades in 2011; Australia inflation at a multi-year low

***Economic Data*** - (JP) JAPAN DEC MERCHANDISE TRADE BALANCE: -#165;205B V -#165;170BE; ADJUSTED TRADE BALANCE: -#165;568B V -#165;385BE (multi-year low); 2011 Trade deficit #165;2.49T (1st deficit since 1980) - (AU) AUSTRALIA Q4 CONSUMER ......

Saturday

Asian Market Update: Markets tumble on EU downgrades, Australia home loans climb for the 8th month

Asian equity markets traded to the downside after the SP cut several EU sovereign ratings on Friday. On renewed risk aversion saw the the dollar gain against all the majors, seeing the biggest gains against the A$. Euro held steady down 0.3% to the $1.26...