Stephen Koukoulas
Stephen Koukoulas
adding clearly currency dollar external harder love
Bollard is clearly frustrated. The kiwi dollar is too strong, adding to external imbalances by making it harder for exporters to compete. He would love to see the currency falling.
adding clearly currency dollar external harder love
Bollard is clearly frustrated, ... The kiwi dollar is too strong, adding to external imbalances by making it harder for exporters to compete. He would love to see the currency falling.
bank forecast inflation middle pressures raise rates reserve works year
We forecast the Reserve Bank will raise rates by the middle of the year as it works to damp inflation pressures that are still pronounced.
australian demand fans global incredibly strong
We're short-term fans of the Australian dollar. The global demand for commodities is incredibly strong because of the global economy, which is doing very well.
amount consumer huge resilience side
There is still a huge amount of resilience in the consumer side of the economy,
australian balance continue dollar news provide support trade
The news should provide support for the Australian dollar with a hint that the trade balance will continue to narrow.
australian dollar rate short term
The Australian dollar should be doing better in the short term because the rate differential is still supportive.
bank credit gauge inflation interest leave october rates reserve suggest together
The credit data, together with the TD-MI monthly inflation gauge for October suggest the Reserve Bank will leave interest rates unchanged,
deficit export growth hoping improvement kicks sector trade
We are just hoping the export sector kicks into growth during 2006. Improvement in the trade deficit has been a long-time coming.
bank certainly close increase pulling raising reserve
A big increase could certainly get the Reserve Bank a little nervous. They'd be very close to pulling the trigger, raising the rate.
account current exports generate pickup seen
Australia's current account is still at an uncomfortable level. We haven't yet seen the big pickup in exports we need to generate a narrowing in the current account.
growth investors means momentum money offshore
Growth momentum means offshore investors want to put their money in Australia.
currency demand highest interest rates
Some of the highest interest rates in the world keep demand for the currency strong.
build clearly coming ensure further obliged pressures risks seeing time
Clearly they are seeing inflationary risks coming through, and they feel obliged to ensure that inflationary pressures don't build further some time down the track.