The Australian economy is forecast to expand at 2.25 per cent in fiscal 2011, followed by 4 per cent growth in 2011/12 and a 3.75 per cent rise in 2012/13.
This compared to projections of below potential economic growth, high unemployment and big fiscal deficits over many years for most other advanced economies, including the United States and eurozone, according to the International Monetary Fund.
Scarcity Drives Non-Bank Bond Prices to Nine-Month High
Bonds sold in Australia by companies outside the financial industry are trading at the highest price in almost nine months amid a scarcity of local currency debt.Read More...
Australia Central Bank Signals Higher Rates Ahead
In a quarterly monetary-policy statement, the central bank announced higher forecasts for inflation, predicting core inflation will rise this year to the top of its target band of 2% to 3% and remain there before finally busting higher at the end of 2013. Economic growth is expected to run well above historic averages for most of the forecast period, hitting 4.25% in mid-2012. Read More...
Australian dollar falls after Goldman Sachs cuts its China growth forecast
The investment bank cut its China 2011 and 2012 growth forecasts to 9.4 per cent and 9.2 per cent respectively, from previously forecast 10 per cent and 9.5 per cent. The bank raised its 2011 CPI forecasts to 4.7 per cent from 4.3 per cent and left 2012 unchanged at 3.0 per cent.Read More...
2012 aud forecast, aud forecast 2012, aud outlook 2012, aud usd forecast 2012, australia dollar 2012, australian dollar forecast 2012, australian dollar outlook 2012, usd forecast 2012, strength of australian dollar forecast, medium term australian dollar strength, how high will the aud go against the usd april 2011. For the latest updates PRESS CTR + D or visit Stock Market news Today
No comments:
Post a Comment