Stephen Koukoulas
Stephen Koukoulas
growth investors means momentum money offshore
Growth momentum means offshore investors want to put their money in Australia.
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.
australian dollar rate short term
The Australian dollar should be doing better in the short term because the rate differential is still supportive.
amount consumer huge resilience side
There is still a huge amount of resilience in the consumer side of the economy,
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.
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.
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.
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,
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.
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.
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.
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.
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.