AUSUSD rose 1.6% last week with unemployment falling to 6%, an 11 month low, after 4 times as many jobs than forecast were created last month. With Business Confidence at a 9 month high according to NAB and eight consecutive days of gains for Iron Ore this was a reasonable week for the Australian economy.
USD was soldin favour of Japanese Yen after the BoJ Governor said the Yen would fall no further against the USD. US Retail Sales jumped 1.2% month–on-month beating expectations by 0.1%. US Unemployment Claims stayed below 300,000 for the 15th consecutive week. Both stats suggest no repeat of the 1st quarter GDP decline.
The Reserve Bank of New Zealand cited weakening inflation, consumer demand and milk prices in cutting interest rates by 0.25%. The action meant the AUDNZD rate leapt 3% to a 7 month high. It was their first rate reduction since 2011. RBNZ Governor Wheeler said further cuts will be appropriate.
The price of foam mats has remained stable. Foam mats are available in a number of different size. There are 20mm foam mats, 30mm foam mats and 40mm foam mats. Foam mats come in a number of different colour options. There are black and grey foam mats and blue and red foam mats. Other foam mats colour options are available upon special request.
Foam mats are suitable for a number of different application including martial arts, gymnastics, home gyms and children play area to name a few. The leading supplier of foam mats in Australia is Ezy Mats which are based in Sydney and have a store also located in Melbourne.