26 Sep 2014
Busy week ahead for Australia - TD Securities
FXStreet (Łódź) - Tim Davis, Vice President, Global Strategist at TD Securities reviews the most important Australian data releases next week.
Key quotes
"The week kicks off with the release of the RBA Credit Aggregates, TD forecasting a lift of 0.4% for August."
"On Wednesday, House Price data for Sep will be released, and should garner more attention given the RBA’s attempts to jawbone house prices - we pencil in +1.5% for Sep."
"Also out on Wed are August Retail Sales, TD forecasts a rise of 0.4% to reflect better consumer optimism."
"Thursday should see the Trade Balance for August clock in a $500m deficit with risks of a better number on upside risks for exports while the volatile Building Approvals for August could decline by 2%."
Key quotes
"The week kicks off with the release of the RBA Credit Aggregates, TD forecasting a lift of 0.4% for August."
"On Wednesday, House Price data for Sep will be released, and should garner more attention given the RBA’s attempts to jawbone house prices - we pencil in +1.5% for Sep."
"Also out on Wed are August Retail Sales, TD forecasts a rise of 0.4% to reflect better consumer optimism."
"Thursday should see the Trade Balance for August clock in a $500m deficit with risks of a better number on upside risks for exports while the volatile Building Approvals for August could decline by 2%."