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1 Jun 2017

Aus treasurer Morrison: Australia’s growth story positive, but risks still persist

Australian Treasurer Scott Morrison is on the wires now, hinting at a weaker GDP report due next week in his speech at the Committee for Economic Development of Australia summit in Canberra.

Key Quotes via AFR

Australia's overall growth trajectory remains positive, but "that is not to say that there are no risks to this growth story"

"There are risks around the momentum in household consumption as well as uncertainty around dwelling investment and non-mining business investment."

Jun 1, 2017

AUD/JPY drops to two-week low of 82.00

The AUD is being offered across the board after China Caixin manufacturing PMI hit 11-month low of 49.6 in May. AUD/JPY hit a two-week low of 82.00 af
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Jun 1, 2017

AUD/NZD drops to 4-month low

The AUD/NZD pair fell to a 4-month low of 1.0455 after China Caixin printed at an 11-month low of 49.6 in May. Oversold RSI This is the one pair the
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