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Economy
AUD/USD forecast: signal for the week of 5th – 9th June
June 03, 2023 08:21 PM AEST| By InvezzThe AUD/USD exchange rate drifted downwards slightly after the strong American non-farm payroll (NFP) numbers. After peaking at 0.6641 this week, the pair retreated to a low of 0.6600. It also dropped after Joe Biden signed the debt ceiling bill that...
AUD/USD price forecast ahead of the monthly CPI release
May 30, 2023 07:11 PM AEST| By InvezzWednesday will be a big day for AUD/USD traders for at least two reasons. First, the monthly inflation report is due out. Second, Wednesday is the last trading day of the month. The inflation report is usually a source of volatility for currencies. T...
4 events to impact financial markets this week and why should traders care
May 29, 2023 07:12 PM AEST| By InvezzToday is Memorial Day in the United States, and most European banks are closed too. Therefore, liquidity in financial markets is thin, with little or no volatility expected. However, the week ahead is full of important economic and financial events t...
AUD/NZD forecast after the Australian jobs data and NZ budget
May 18, 2023 02:41 PM AEST| By InvezzThe AUD/NZD exchange rate dropped to a low of 1.0624, the lowest level since May 11 after the latest Australian jobs and New Zealand PPI data. It has fallen by more than 2.7% below the highest level this month. Australia jobs numbers The most importa...
AUD/NZD, AUD/USD analysis ahead of May RBA decision
May 01, 2023 08:29 PM AEST| By InvezzThe AUD/NZD and AUD/USD drifted upwards ahead of the upcoming RBA interest rate decision. The AUD/USD price jumped to a high of 0.6643, the highest point since April 25. AUD/NZD, rose to a high of 1.0745, which is higher than last month’s low o...
AUD/USD forecast: signal amid the Fed and RBA divergence
April 26, 2023 06:05 PM AEST| By InvezzThe AUD/USD exchange rate has made a bearish breakout in the past few days. It has dropped in the past two straight days as investors predict a divergence between the Federal Reserve and the Reserve Bank of Australia (RBA). It fell to a low of 0.6607...
AUD/NZD, NZD/USD analysis ahead of RBNZ decision
April 04, 2023 09:58 PM AEST| By InvezzThe NZD/USD exchange rate drifted to the highest point since February 16 as traders focused to the upcoming interest rate decision by the Reserve Bank of New Zealand. It jumped to a high of 0.6310, which was ~3.43% above the lowest point this year. T...
Australia’s RBA halts rate hikes, boosting the ASX 200 index
April 04, 2023 03:01 PM AEST| By InvezzThe Reserve Bank of Australia (RBA) decided to stop its interest rate hikes in its February meeting. In a statement, the bank decided to leave interest rates unchanged at 3.60%, in line with what analysts were expecting. RBA interest rate decision Th...
Why should Australian entrepreneurs go public?
January 16, 2023 04:25 PM AEDT| By ManishaTimes of turmoil bring apt conditions for entrepreneurs to emerge as strong players. To achieve bigger business goals, entrepreneurs can attempt to go public and mark success.
Meet the youngest billionaires of Australia
January 13, 2023 08:13 PM AEDT| By Khushboo JoshiAustralia has emerging successful entrepreneurs in almost every field. Melanie Perkins and husband Cliff Obrecht, founders of Canva, are the richest youngsters in Australia.
What India-Australia ECTA means for Kalkine Group
January 09, 2023 09:03 PM AEDT| By Ankit SethiAccording to India’s Ministry of Commerce, the two countries are already engaged in billions of dollars of bilateral trade on an annual basis.
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ACCC gives thumbs up to proposed acquisition of iSelect (ASX:ISU) by IHA
December 03, 2022 09:00 AM AEDT| By Sonal GoyalACCC said it would not oppose the proposed acquisition of iSelect by IHA's Compare the Market
Australia’s retail trade falls for the first time in 2022: ABS
December 03, 2022 07:00 AM AEDT| By TamnnaAs per the ABS report, Australia’s seasonally adjusted retail turnover dropped by 0.2% during October 2022, totalling AU$35,017.9 million.
Neoen inks agreement with ElectraNet for Goyder South project
November 27, 2022 08:30 AM AEDT| By Sonal GoyalNeoen enters into a 30-year agreement with ElectraNet for the first half of Stage 1 of th Goyder South project, which ia wind farm project located in South Australia.
Tesla recalls its vehicles in Australia for third time in month
November 27, 2022 07:00 AM AEDT| By Sonal GoyalTesla recalls its vehicles in Australia over the issue of tail lights which can cause serious injury or accident.
ASIC imposes stop orders on two Perpetual (ASX:PPT) Funds
November 26, 2022 08:30 AM AEDT| By Khushboo JoshiTwo of Perpetual Limited’s funds have been given a stop order by the ASIC.
GFG’s InfraBuild to acquire three US steel assets
November 20, 2022 09:00 AM AEDT| By RitwikaGFG’s InfraBuild to acquire three US steel assets
Unemployment rate in Australia decreases by 3.4% in October: ABS
November 19, 2022 07:00 AM AEDT| By TamnnaA media release by the ABS highlighted a 3.4% fall in Australia’s unemployment rate in October 2022. Australia’s employment rate, in seasonally adjusted terms, grew by 0.2% in the same month.
Eviation wins order from NTAS for 20 all-electric Alice aircraft
November 13, 2022 08:00 AM AEDT| By RitwikaEviation wins order from NTAS for 20 all-electric Alice aircraft
ACCC recommends new measures for digital platforms
November 13, 2022 07:31 AM AEDT| By Sonal GoyalACCC recommends new measures for digital platforms
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