Wealth Growth Daily

Australia

Upcoming Chinese holiday, high coal stocks keeping lid on Australian trade

BY Reuters  • January 11, 2023January 11, 2023
By Muyu Xu and Melanie Burton SINGAPORE/MELBOURNE (Reuters) – Chinese interest in Australian coal has been limited by the upcoming Lunar New Year holiday and high domestic inventories, meaning f[...]
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Asia Australia Business Economy

Australia retail sales jump in November, inflation resumes climb

BY Reuters  • January 11, 2023January 11, 2023
By Wayne Cole SYDNEY (Reuters) -Australian shoppers spent big in November as Black Friday sales and online specials spurred demand for clothes, electronics and furniture, a sign consumption was provin[...]
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Asia Australia Business Economy Updated

Australian CPI inflation rebounds to annual 7.3% in Nov

BY Reuters  • January 11, 2023January 11, 2023
SYDNEY (Reuters) – Australian inflation re-accelerated in November as strong demand drove holiday costs higher and flooding pushed up vegetable prices, a sign inflationary pressures had yet to p[...]
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Asia Australia Business Economy

Marketmind: Taking the down under on Aussie inflation

BY Reuters  • January 10, 2023January 10, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The global inflation focus turns to Australia’s November figures on Wednesday, and will shine a[...]
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Asia Australia Business Economy US

Dollar treads water near 7-month lows ahead of U.S. inflation data

BY Reuters  • January 10, 2023January 10, 2023
By John McCrank NEW YORK (Reuters) -The dollar was rangebound on Tuesday, hovering around its weakest level in seven months versus the euro and a group of other major currencies, as traders awaited U.[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Bumper green aluminium output is good news for carmakers, and climate

BY Reuters  • January 10, 2023January 10, 2023
(This Dec. 17 story has been corrected to change the data in graphic “Abundant Supplies of Green Aluminium”) By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-c[...]
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Asia Australia Business Economy Environment Europe Top News UK US

U.S.’s Yellen chairs meeting with UK, Australia, Canada, New Zealand ministers

BY Reuters  • January 10, 2023January 10, 2023
LONDON (Reuters) – U.S. Treasury Secretary Janet Yellen chaired a meeting of finance ministers from Australia, Canada, New Zealand, and the United Kingdom, Britain’s finance ministry said[...]
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Asia Australia Business Canada Economy Europe Politics UK US

Asian companies see earnings upgrades by analysts over the past month

BY Reuters  • January 10, 2023January 10, 2023
(Reuters) – Analysts raised 2023 earnings estimates for Asian companies over the past month, contrasting with the raft of earnings downgrades in the last year, as China’s reopening and slo[...]
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Asia Australia Business Economy

New Zealand breweries see CO2 rationing as shortage hits

BY Reuters  • January 10, 2023January 10, 2023
By Lucy Craymer (Reuters) – New Zealand supplies of carbon dioxide (CO2), used to fizz drinks and in packaging and hospitals, are having to be rationed because of shortages following the closure[...]
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Asia Australia Business Oddly Enough Updated
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