The Australia's budget surplus might be supportive for the Aussie

Note: This section contains information in English only.
Source: Marketwatch
Australia's Prime Minister Julia Gillard is determined to bring the state budget back to surplus by spending cuts. The projected surplus is estimated to be $1.52 billion in the fiscal year commencing this July. Thus, the government plans to support Australian bonds and currency, as the European woes have not been supportive for the Aussie.
Back to articles

Actual Topics

Wed, 09 May 2012 07:35:26 GMT

Asian stocks hit lowest level in three months

MSCI Asia Pacific Index dropped by almost 1.5% at noon in Tokyo and signals possible close at lowest level since January 19. Nikkei 225 lost 1.7% of its value. Mitsubishi Motors, which got almost quarter of its revenues from Europe at the end of last year, dropped by 2.3%. Stocks of Cosco's ship building department plummeted after Singapore based company

Tue, 08 May 2012 17:25:05 GMT

Syriza tells to forget rescue led by European Union

Alexis Tspiras, who is responsible for government formation in Greece, announced that any parties which are willing to form coalition with his party, Syriza, have to repudiate their uphold for economy saving measures developed by European union. Tsipras promised that additional, EUR 11b, austerity measures will not come in to force and strongly believes that Pasok and New Democracy party,

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.