The AUD continued to strengthen overnight despite the disappointing April trade balance figure. Imports exceeded exports for the first time since November 2013 and gave further cause for concern of China’s slowdown. The Aussie dropped 30 pts on the back of this figure but then saw an 80 pt rise overnight as US unemployment claims […]

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Ezymats will now be stocking 20mm and 30mm EVA interlocking jigsaw mats. We currently have a shipment of 20mm and 30mm coming from our factory. They are scheduled to arrive in July. Our 20mm and 30mm EVA interlocking jigsaw rubber gym mats can be pre-ordered or reserved. We only have 200mats each from 20mm and […]

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Manufacturing activity on the mainland hit a five-month high in May, but overall growth still contracted slightly in a suggestion that the outlook remains murky. HSBC’s Purchasing Managers’ Index recovered to 49.7 in May from April’s final reading of 48.1. But the data is a touch below the 50-point level that separates a monthly growth […]

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China’s exports and imports both unexpectedly rose in April — albeit by a small margin. Exports rose 0.9 percent from a year ago, following a contraction of 6.6 percent in March. Imports increased 0.8 percent in April, leaving a trade surplus of US$18.46 billion for the month. The data was a stark contrast to market expectation […]

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With quite a few data releases out during the London session last night there were no significant movements overnight The RBA yesterday kept its record low interest rates on hold at 2.5% this rates have remained on hold now for 10 months in a row. With a pickup in housing & a strong employment balancing […]

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