Wednesday, July 28, 2010

Spotlights in the Asian session

Australian dollar, after the CPI figures coup was disappointing. 3-month period to date prices in June rose at a rate of 0.6%. If annual inflation was 3.1%. Economists expect the figures were at 3.4%. Credit Suisse interest rate increase measured 15 basis point decline in expectations was revealed. Australian Dollar, over 1% against the U.S. dollar has lost value and the possibility of testing the 0.90 level was reduced.
Business confidence in New Zealand since October showed the biggest drop diameter. Only 27.9% of the surveyed companies' u expect business conditions to improve. Results in higher borrowing costs and can be connected to the currency's appreciation. Central bank's monetary policy meeting tomorrow than the interest rates 25 basis points is expected to increase.

No comments:

Post a Comment