Australia: AiG Performance of Construction Index (October): 54.4 vs 47.6

Nov 7, 2013

Session Recap: The final Countdown in EUR/USD

After having traded sideways in between 1.3450 and 1.3525 almost the whole current week, the EUR/USD is set to start the party just ahead the ECB and BoE decisions and the US GDP release on Thursday.

Huge jump in Australian construction index, will the RBA like the number?

The astounding rise in the Australian Performance of Construction Index from 47.6 to 54.40 suggests the economic transition into a more expansionary housing-driven sector continues.