In terms of economic data, as for most currencies, the AUDUSD traders have to keep an eye on: GDP(Gross Domestic Product), the total market value of all final goods and services produced in a country. It is a gross measure of market activity because it indicates the pace at which a ...
the AUD ultimately relinquished its gains. China's economic growth figures for the fourth quarter of 2024 were notably robust, exceeding market expectations. GDP expanded by 5.4% year-on-year, following 4.6% growth in the third
In this exercise, we derive a semiannual measure of ΔCoVaR and regress it on institution-specific characteristics (VaR, size, leverage, liquidity, profitability, and intangible assets) and market-wide variables (Gross Domestic Product [GDP] growth, cash rate change, exchange rate change, and ...
National Australia Bank modified its GDP anticipated somewhat to +0.1%, lining up with Commonwealth Bank of Australia’s economic expert, while Goldman Sachs anticipates no development. Why should I care? For markets: Navigating the waters of unpredictability. The AUD and NZD’s gain...
According to the CSIRO, Australia's hydrogen production for export and domestic use could generate more than 50 billion Australian dollars (34.3 billion U.S. dollars) in additional GDP by 2050, support 16,000 jobs and play a major role in reducing greenhouse gas emissions. ...
The carbon intensity of these portfolios is estimated to reduce from their current 66.6 tonnes of CO2e emissions per million AUD invested in 2023 to 5.3 tonnes of CO2e emissions per million AUD invested in 2050, based on the emissions reduction commitments made by investee companies. ...
The price of futures for iron ore, the main export product of Australia, dropped by 4.9% in China - the lowest point since February 2015.Also the Australian dollar has the pressure of expectations for the Australian GDP data expected on Wednesday (03:30 GMT +2). As suggested by many ...
Consolidated Fiscal Balance: % of GDP (%) -1.1 Dec 2023 quarterly Jun 2003 - Dec 2023 Forecast: Government Expenditure (AUD bn) 1,204.174 2029 yearly 1988 - 2029 Forecast: Government Net Debt (AUD bn) 1,728.540 2028 yearly 1989 - 2028 Forecast: Government Revenue (AUD bn) 1,098....
Australian Shares Fall to Nearly Three-Week Low Amid Lower-than-Expected Q2 GDP Growth24-09-04MT Australia's Orora to sell North American packaging arm to CD&R-backed Veritiv24-09-03RE Orora to Sell North American Packaging Unit to Veritiv for AU$1.78 Billion24-09-03MT ...
Australia is not an especially large country, and as of 2022, it was number 12 in the world in terms ofGDPand is about the size of the United States, number 56 in terms of population, and number 20 in terms of the value of its exports.2345Nevertheless, the Australian dollar is one o...