Oil Prices Rise as Geopolitical Tensions and Supply Risks Intensify 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call 
Oil Prices Slip as Russia-Ukraine Peace Hopes Fade and Oversupply Fears Grow 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
South Korea Inflation Edges Up in November as Food and Service Costs Climb 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
U.S. May Withhold $30.4 Million From Minnesota Over Improper Commercial Driver Licenses 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Dollar Slips as Weak U.S. Manufacturing Data Increases Pressure for Fed Rate Cuts 
It has been noted with a keen observation that Australian macros are outperforming among major Asia Pacific (APAC) economies in the recent past. As a result, Australian economy headed into perfect boom in 2015.
In the last quarter, the under-stressed AUD was on its downtrend. But the medium trend focus is taking sharp turn. Key elements that may boost aussie dollar are noted as follows:
Attractive labor market data, with an anticipation of lower CPI figures for Q1 of 2015 that is scheduled release on 22nd April, food inflation, housing inflation and growth in retail sales.
All these key figures are factored in majorly on account of slowing housing price growth and lower energy prices. The headline is that there was an improvement in employment figure and subsequently there is a noted reduction in number of people unemployed. Stressing job data was a bit concerning part earlier December 2014, but now it is fairly surprising as employment was a concern for Australia due to the slowdown in primary exports.
All these inflation figures remain to be at stiff check in the near term as an attractive job market data for March. Contemplating the fact that continued inflation control we expect Reserve bank of Australia (RBA) is likely to cut its rate in May.
Meanwhile, the country's stock market is poised for moderate gains. Currently AUD/USD is trading at 0.7795 (-0.07%), AUD/USD's range resistance is at risk on upbeat Australia employment report.
