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.
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.
case clearly flow global hike increases inflation interest raising rate rates rest
The case for a rate hike is clearly much stronger. The rest of the world is raising interest rates and global inflation rates are edging higher. Fuel-price increases will flow through to inflation.
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,
currency demand highest interest rates
Some of the highest interest rates in the world keep demand for the currency strong.
growth investors means momentum money offshore
Growth momentum means offshore investors want to put their money in Australia.
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.
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 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,
against bias half housing likely possibly reserve weak works
Housing construction is likely to be weak into the first half of 2006 and possibly beyond. It works against the tightening bias of the Reserve Bank.
alan data fit governor hiking information interest needed stop today
If RBNZ Governor Alan Bollard needed more information to stop hiking interest rates, the house-building consents data today fit the bill.
business combined crying drive economy election good growth help hoping investment investors japanese reform report sustained victory
If you want sustained growth you need business investment to help drive it. The growth report combined with the election victory is good news: investors for years have been crying out for reform and have been hoping the Japanese economy can sustain growth.