Australia: 3Q23 GDP Growth Softens

Weaker GDP growth in Australia may indicate that the Reserve Bank of Australia (RBA) is done hiking rates. Trade data suggests that the GDP growth figure for Q3 2023 will not meet expectations.

Seeking Alpha • Dec 6, 2023

Australia Inflation: Too High To Ignore

Australian Consumer Price Index (CPI) surprises with higher-than-expected inflation, potentially leading to a restart of the Reserve Bank of Australia's hiking cycle. RBA projections for inflation may need to be revised as GDP and labor market data remain strong, putting pressure on the central bank to deliver another rate hike.

Seeking Alpha • Oct 28, 2023

Australia: Inflation Back On The Rise

While this is mostly down to less helpful base effects, international energy prices and excise duty hikes, it is not safe to conclude that the RBA rate cycle has peaked. At 5.2% YoY, the August inflation figures were bang in line with expectations.

Seeking Alpha • Sep 27, 2023

Australia: GDP Holding Up Better Than Expected

2Q23 GDP was stronger than expected, and revisions to past data also show the economy has slowed less than was previously assumed. The quarter-on-quarter growth was also a bit stronger at 0.4% (ING f 0.2%), but it was revisions to the back data that made most of the difference to the annual growth rate.

Seeking Alpha • Sep 6, 2023

Australia: How To Ride A Bumpy Disinflationary Path

Australia's growth outlook has cooled off, but the labour market remains too tight and the decline in inflation has been primarily due to base effects. We disagree with markets' expectations that we have seen the peak in RBA rates, and expect at least one more hike.

Seeking Alpha • Aug 9, 2023

Falling Inflation, Dollar Dominance And PBOC Moves With Marc Chandler

Marc Chandler and James Foord discuss international markets, economies and currencies. Has the Fed conquered inflation?

Seeking Alpha • Jul 6, 2023

FXA: Fade This AUD Play In The Face Of A Gloomy Near-Term Outlook

The RBA's surprise hawkishness this month may have boosted the AUD, but the near-term setup is far from compelling. The global commodity downcycle has shown no signs of slowing down, while China's sluggish ex-services recovery offers little offset.

Seeking Alpha • May 18, 2023

FXA ETF: Stay Alert As Risk-Off Positioning Grows

Invesco CurrencyShares Australian Dollar Trust ETF is designed to profit from the appreciation of the AUD/USD pair. Currently, conditions don't look too favorable.

Seeking Alpha • Mar 1, 2023

Currency ETFs Serving as Commodity Proxies

Canada, Australia dollar funds FXA, FXC may be positioned well for China growth.

ETFcom • Feb 9, 2023

The Reasons Why Australia's Economy Is Slowing

Australia's economy is showing clear signs of slowing and will drop further in 2023. House price growth appears to be on the cusp of turning negative and provides a rationale for a peak cash rate at the relatively low level of 3.6%.

Seeking Alpha • Dec 13, 2022