Adam Carr

Asia Seen Holding Rates as Australia Cites Less Risk

Thailand and Taiwan may keep interest rates unchanged this week, joining Australia and most Asia-Pacific economies in holding fire to gauge the extent of China’s slowdown, inflation risks and the European crisis.

Aussie, Kiwi Hold Gains Versus Yen as Commodities, Stock Rise

Australia’s dollar traded 0.3 percent from a 10-month high against the yen as gains in commodities prices boosted earnings prospects for the nation’s export industries.

Consumers Resilient From Australia to New Zealand as World Slows: Economy

Australian and New Zealand consumers are showing signs of resilience as slower growth in Asia and Europe’s debt crisis inhibit a global expansion.

Aussie, Kiwi Dollar Gain on Greek Vote

The Australian and New Zealand dollars rose, snapping three-day losses, as the Greek government secured enough votes in parliament to pass austerity measures to qualify for an international bailout, boosting demand for riskier assets.

Australian, N.Z. Dollars Gain on Greek Austerity Vote, Home Loans Data

The Australian and New Zealand dollars rose, snapping three-day losses, after Greece passed austerity measures to qualify for an international bailout, boosting demand for riskier assets.

Australian, N.Z. Dollars Gain on Greek Vote, Home Loans Data

The Australian and New Zealand dollars advanced, snapping three days of declines, after Greece passed austerity measures to qualify for an international bailout, boosting demand for riskier assets.

RBA Sees Scope for Further Australian Rate Cuts on Europe Crisis: Economy

Australia’s central bank said it has scope to ease monetary policy if needed, after keeping the benchmark interest rate unchanged this month as risks in Europe abated, minutes of its Feb. 7 meeting showed.

Australia Pausing Rate Cut on European Progress Spurs Currency: Economy

Australia unexpectedly kept interest rates unchanged as two cuts late last year help the economy weather Europe’s debt crisis, sending the nation’s currency soaring to a six-month high.

Australian December Home Loans Jump by Most in Seven Months

Australian home-loan approvals jumped in December by the most in seven months and exceeded economists’ forecasts as buyers responded to central bank interest-rate reductions.

ICAP’s Carr Says New Zealand’s Bollard May Raise Rates Too Late

Adam Carr, a senior economist at ICAP Australia Ltd. in Sydney, comments on the New Zealand central bank’s decision to keep its benchmark interest rate unchanged at a record-low 2.5 percent in Wellington today.

"Debate in Australia is more about cutting rates, whereas in New Zealand it's about when they might hike, so while we have that debate, you're going to see the kiwi supported against the Aussie."

- Adam Carr on Mar 13, 2012

Australia

Europe

Bloomberg News

Glenn Stevens

Leaker Snowden’s Whereabouts Unknown, White House Chief Says

Chevron’s $10 Billion Angola LNG Ships First Gas Cargo

Mickelson Seeks U.S. Open Birthday Gift With Final-Day Lead

N. Korea Proposes Talks on Peace Treaty, Denuclearization

Boeing Bets on Jumbo Rebound While Some 747-8s in Desert