Central Banks in Australia, New Zealand and Pacific

Aussie dlr rebounds on record gold; short-covering

Aussie bulls saved by gold, after four-day losing run * Swap yields off multi-week lows SYDNEY, Nov 23 (Reuters) - The Australian dollar sprung back from lows on Monday, with record gold prices and some short-covering activity...

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NZ dlr falls to 2-week low vs Aussie; swaps recover

Kiwi at two-week lows against the Aussie * Kiwi near two-week lows vs U.S. dollar on risk aversion * Swap rates recoup some losses after last week's sell-off WELLINGTON, Nov 23 (Reuters) - The New Zealand dollar NZD= hit a...

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Pre-Christmas cheer boosts market

BULLISH comments over Christmas sales by retailer Gerry Harvey and a big push into Rio Tinto shares have nudged the Australian share market higher. At the 4.15pm (AEDT) close, the benchmark S&P/ASX200 index was up 31.2 points,...

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NZ consumer confidence eases in November -survey

WELLINGTON, Nov 23 (Reuters) - New Zealand consumers' confidence eased for the first time in five months in November, but most expressed optimism about future conditions, a survey showed on Monday. The ANZ-Roy Morgan consumer...

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US Dollar Remains in Downtrend Despite Gains – High Event Risk Next Week

British Pound Down as Bank of England Likely to Remain Neutral Euro Gains Amidst Signs European Central Bank May Wind Down Liquidity Programs Japanese Yen Dominates as Equities Fall, Bank of Japan Sees Upside Inflation Risks...

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Australian vehicle sales surge in Oct, supports case for rate hike

Sydney (ANTARA News/Asia Pulse) - A surge in motor vehicle sales in October could help convince the Reserve Bank of Australia (RBA) to lift interest rates for the third straight month in December. Australian new motor vehicle...

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Overworked and underemployed: the Australian ‘recovery’

On November 12, the Australian Bureau of Statistics (ABS) released labour force figures for October that showed unemployment had increased by 11,100 to 690,000 people. At the same time, monthly aggregate hours worked fell by...

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Australia executives suspended over banknote probe

Two executives at a banknote-making firm part-owned by Australia's central bank have been suspended over a police probe into alleged bribery and kickbacks, officials said. The managing director and company secretary of...

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Executives stood down over banknote scandal

The board of the Reserve Bank subsidiary Securency International has stood down its managing director and company secretary amid federal police investigations into alleged corruption. Australian Federal Police raided offices...

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Treasury Yield Plunge Sends Warning

IT'S THE CRASH YOU DIDN'T HEAR. Treasury bills once again were trading at negative interest rates Thursday, a mind-boggling state of affairs that hasn't existed since the panic late last year. More significantly, the yield on...

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