Australian shares are set to open lower. US retail sales exceed expectations, opening door to higher rates. Reporting schedule: Dexus, Mirvac, Transurban.
Australian Dollar Outlook: Westpac Data May Underpin AUD/USD as Jobs Report Nears
2021-07-13 23:00:00
Thomas Westwater,
Analyst
Australian Dollar, AUD/USD, RBNZ, Australia Lockdowns - Talking Points
Asia-Pacific markets may see weak start after Wall Street losses
RBNZ and Australian consumer confidence on tap for today
AUD/USD approaches yearly low after overnight weakness
Wednesday’s Asia-Pacific Outlook
Asia Pacific markets look set to open lower after major equity indexes on Wall Street fell. A hotter-than-expected US inflation print reignited concerns over premature central bank tightening. That pushed the US Dollar and Treasury yields higher, which added to downward pressure on the risk-sensitive New Zealand Dollar and Australian Dollar.
Australian Dollar Fundamental Forecast: AUD/USD Rebounds as Bond Yields Recover dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.