Sunday, April 7, 2013

CAR INSURANCE Economic Indicators Support The Aussie

Indikator Ekonomi Menopang Aussie
Monexnews-Australia Dollar managed to obtain a weekly rise in a row after the 3rd major economic indicators showed an increase in January. The Data bodes the stability of Australia's economy, forcing investors to trim expectations of interest rate reductions by the RBA. The Conference Board's report on Friday showed Australia's economic indicators up 0.2% to 121,9 after experiencing decreased 0.2% in December. CAR INSURANCE
"Expectations of a decline in interest rates in the near future RBA has trimmed down again," said Takuya Kawabata, an analyst at Research Institute Ltd. in Tokyo. "A positive domestic Data continues to provide support for the Aussie, even with the crisis in Europe that has lasted a long time. The market also seems to be not too worried about the risk of the spread of the crisis in Cyprus to other countries such as Italy and Spain. " (vid)

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Title Post: CAR INSURANCE Economic Indicators Support The Aussie
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Author: Mohammad Zulfi Satriawan

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