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Australian Opposition leads Gillard

Australian opposition leader Tony Abbott’s coalition has an election-winning lead over Prime Minister Julia Gillard’s Labor Party before voters go to the polls Aug. 21, according to an opinion poll published today.

On a two-party preferred basis, the Liberal-National coalition is ahead of Gillard’s party 51.4 percent to 48.6 percent, the poll of 4,000 voters in 20 marginal electorates across five states found, the Sunday Telegraph reported. The Galaxy poll result contrasts with yesterday’s Age Nielsen poll, which showed Labor ahead with 53 percent support.

Bloomberg

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May
24
Today’s Global
Market Events
8:30am

CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am

EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am

USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm

USD
FOMC Member Dudley Speaks
3:00pm

USD
Treasury Sec Geithner Speaks
7:30pm

JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%