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Australia Retail Sales, Home Lending Jump, Stoking Rate Bets

Stronger fundamentals and commodity prices has dealers buying AUD.

Australian retail sales, approvals to build private homes and bank mortgage lending jumped in August, stoking speculation the central bank will raise borrowing costs from a half-century low in coming weeks.

Bloomberg

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Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:58 am UTC, 05/22/2012
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Posted by Dean Popplewell at 6:36 am UTC, 05/22/2012
Posted by Staff at 7:44 am UTC, 05/21/2012
Posted by Dean Popplewell at 3:28 am UTC, 05/21/2012
Forex Rates
Interest Rates

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May
22
Today’s Global
Market Events
6:15am

USD
FOMC Member Lockhart Speaks
10:00am

EUR
Consumer Confidence
-20 vs. -20
USD
Existing Home Sales
4.64M vs. 4.48M
USD
Richmond Manufacturing Index
12 vs. 14
7:50pm

JPY
Trade Balance
-0.60T vs. -0.62T
8:00pm

AUD
CB Leading Index m/m
0.0%
8:30pm

AUD
MI Leading Index m/m
0.2%
Tentative

JPY
Monetary Policy Statement
JPY
Overnight Call Rate
0.10% vs. 0.10%