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.
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.
cutting dollar looks rates scenario zealand
For the New Zealand dollar it looks like one-way traffic. The scenario for cutting rates is now realistic, if not urgent.
australian bit case compelling dollar focus gaining growth momentum move rate sort totally
The case for a rate hike, while not totally compelling yet, is gaining a bit of momentum with these sort of numbers. On an interest-rate-differential and growth story, it should put the Australian dollar back in focus and see it move higher.
ahead attention australian dollar higher inflation market mean months move paying prospect risks
The market hasn't been paying enough attention to inflation risks as it should. The prospect of an interest-rate move higher in the months ahead will mean the Australian dollar will find some friends.
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,
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.