Australian Dollar Forecast – Economic data due out this week

Increase in Risk Appetite Helps Support the Australian Dollar

I thought i would let you all know the key economic data due out this week which may have an impact on the value of the Australian Dollar.

The AUD is on a great run of form at the moment but there is plenty of data out this week that may reverse the trend.

Times are based on the time in Sydney – If you are based in the U.K then you need to bear in mind that the release will be 10 hours earlier than stated.

TUESDAY, OCT 13
08:40 AU AUD RBA Deputy Governor Lowe Speech
12:30 AU AUD National Australia Bank’s Business Confidence (Sep)
12:30 AU AUD National Australia Bank’s Business Conditions (Sep)
13:00 CN CNY Imports (YoY) (Sep)
13:00 CN CNY Exports (YoY) (Sep)
13:00 CN CNY Trade Balance (Sep)
n/a CN CNY New Loans (Sep)
n/a CN CNY M2 Money Supply (YoY) (Sep)
WEDNESDAY, OCT 14
10:30 AU AUD Westpac Consumer Confidence (Oct)
12:30 CN CNY Consumer Price Index (YoY) (Sep)
12:30 CN CNY Producer Price Index (YoY) (Sep)
12:30 CN CNY Consumer Price Index (MoM) (Sep)
THURSDAY, OCT 15
11:30 AU AUD RBA Foreign Exchange Transaction (Sep)
11:30 AU AUD Part-time employment (Sep)
11:30 AU AUD Fulltime employment (Sep)
11:30 AU AUD Employment Change s.a. (Sep)
11:30 AU AUD Unemployment Rate s.a. (Sep)
11:30 AU AUD Participation Rate (Sep)
12:00 AU AUD Consumer Inflation Expectation (Oct)
12:30 AU AUD New Motor Vehicle Sales (MoM) (Sep)
12:30 AU AUD New Motor Vehicle Sales (YoY) (Sep)
FRIDAY, OCT 16
12:30 AU AUD Financial Stability Review

If you would like an explanation of what any of these releases mean or the impact they may have then you are more than welcome to contact me (Daniel Wright) personally and I will be more than happy to help you.

All of the writers on this site work for an award winning currency brokerage which has won awards for both customer service and exchange rates.

We actually deal with currency exchanges ranging from £10,000 to multi million Dollar transactions and will be more than happy to speak with you to see if you can get a better deal than you are currently receiving with from your bank or current choice of currency broker… Chances are we will.

All you need to do is email me (Daniel Wright) on  djw@currencies.co.uk and I will be more than happy to get in touch.