March 11 (Bloomberg) -- Global currency trading rose to $2.7 trillion a day
between April and October, the first growth since the six months to April 2008,
the Reserve Bank of Australia said, citing data from five markets. Transactions
increased by 17 percent from the previous six
January's result follows a revised 5.1 per cent drop in December, the
Australian Bureau of Statistics reported, citing seasonally adjusted figures.
Economists had been predicting a 2 per cent increase in January. All up, the
number of commitments for owner-occupied housing fell to 51,056
A larger than expected fall in housing finance commitments could stay the
Reserve Bank's hand and spare borrowers another interest rate rise , economists
say. Australian housing finance commitments for owner-occupied housing fell 7.9
per cent in January, seasonally adjusted, to 51,056,
Wednesday March 10, 2010, 10:54 am The Reserve Bank of Australia 's ( RBA )
decision to raise interest rates in this month has failed to dent consumer
confidence , a report says. The Westpac- Melbourne Institute consumer sentiment
index rose 0.3 index points in March to
RBA assistant governor Phillip Lowe said if the nation's population growth
remained strong, more of the economy would need to be devoted towards housing,
presenting challenges both to labour markets and governments. "If this does not
happen, further adjustment in housing prices and rents is
SYDNEY, March 9 (Reuters) - The Australian dollar brushed aside early softness
to edge back toward six- week highs on Tuesday as strong domestic economic data
fuelled expectations interest rates would rise again in the next month or two.
Job advertisements rebounded with their biggest
Listed online gaming company Centrebet International Ltd says it will offer
gambling on the S&P/ ASX 200 index. Centrebet hopes it will be the "next
big thing in financial betting", by allowing punters to bet on the monthly
finish line of the local market
