Trading news

Australia's official HPI to 2.0%

Australia

Australia's official house price index climbed from -0.2% to 2.0%. The analysts predicted the HPI to appreciate 2.5%.

Australia's Reserve Bank reports stable growth

The Reserve Bank of Australia's meeting minutes reported that the current monetary policy is consistent with sustainable growth, indicating a neutral position.

Switzerland

The Swiss trade balance escalated from 2.806B to 3.025B and did not meet the economists' and the analysts' estimations for appreciation to 3.270B.

Germany

Germany's producer price inflation declined from 0.2% to -0.1%. The economists predicted the PPI to rise 0.1%.

Sweden

The Swedish nation would likely lock 10 billion Swedish crowns so that the local authorities can manage with the 163,000 asylum seekers, and the additional 35,000 expected for 2016, with the budgeted amount likely increasing to 24 billion.

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Tuesday, 20 Sep, 2016 / 7:43

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/australia-s-official-hpi-to-2.0

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