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FxWirePro: Aussie rises in early Asia after RBA governor Lowe’s speech

  • AUD/NZD is currently trading around 1.0421 marks.
     
  • Pair made intraday high at 1.0441 and low at 1.0406 marks.
     
  • Intraday bias remains slightly bullish till the time pair holds key support around 1.0400 mark.
     
  • A sustained close above 1.0418 will drag the parity higher towards key resistances around 1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
     
  • Alternatively, a daily close below 1.0418will take the parity down towards key supports around 1.0400/1.0365/1.0333/1.0237  marks respectively.
     
  • Australia's S&P/ASX 200 index up 0.06 pct at 6,143.10 points in early trade.
     
  • RBA's Lowe says does not see a strong case for a near-term change in the cash rate.
     
  • RBA's Lowe says central scenario 3 pct growth this year.
     
  • RBA's Lowe says we continue to expect unemployment to move lower over the next couple of years to around 4.75 percent.
     
  • RBA's Lowe says outlook for domestic economy is not more negative than positive.
     
  • RBA's Lowe says surprised by A$ reaction to the news on chinese coal block.
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May 24 19:00 UTC Released

USCattle Marketed

Actual

106.9 %

Forecast

106.6 %

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97 %

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108.7 %

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113 %

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105 %

January 31 00:00 UTC 692589692589m

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January 31 00:00 UTC 692589692589m

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January 22 19:00 UTC 704409704409m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 692589692589m

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January 22 19:00 UTC 704409704409m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 692589692589m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 692589692589m

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Bln AR bln ARS

January 31 00:00 UTC 692589692589m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

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