Asian shares outside Japan advanced on Friday after the Fed decided to hold off on its first rate hike in nearly a decade.» Read More
Steven Ciobo, parliamentary secretary to the Minister for Trade and Investment and Minister for Foreign Affairs of Australia, outlines the opportunities Australia sees in Singapore and China.
Amid a weak domestic economy, the Reserve Bank of Australia has to "do its job" by cutting interest rates, says David Bassanese, chief economist of BetaShares Capital.
A rate cut by the Reserve Bank of Australia will serve as a prelude to growth forecast downgrades in Friday's quarterly statement, says Ben Jarman, senior economist at JP Morgan.
The Reserve Bank of Australia will likely cut rates this week amid economic headwinds and the Aussie dollar could see more volatility, says Tony Nash, vice president at Delta Economics.
The RBA's decision may come down to the wire at its policy meeting Tuesday, as economists eye a rate cut despite concerns over a strong currency and home prices.
Kumar Palghat, director at Kapstream, expects the Reserve Bank of Australia to cut rates at Tuesday's policy meeting even though easing measures are having a mixed impact on the economy.
Australia won't lose its coveted triple-A rating, its Treasurer said, slapping down speculation the country might face its first downgrade in 26 years.
With Australia's inflation and jobs data showing signs of improvements, markets are pricing in too much for a May rate cut, says Jesper Bargmann, head of Trading, Asia at Nordea Markets.
Jonathan Cavenagh, senior FX strategist at Westpac, says Australia's first-quarter inflation data released on Wednesday isn't weak enough to guarantee an interest rate cut next month.
Asian stocks traded higher across the board on Wednesday, with bourses in Japan and Shanghai closing at new multi-year highs.
Jeffrey Halley, senior manager for FX Trading at Saxo Capital Markets, says an interest rate cut is unlikely to have a "multiplier effect" on Australia's economy.
Asian stocks jumped on Tuesday, joining the global rally induced by China's move over the weekend to stimulate its cooling economy.
Whether Greece leaves the European Union, the euro will reach parity with the U.S. dollar over the next 12 months, says Eric Viloria, currency strategist at Wells Fargo Securities.
While the jobs data for March came as a relief, Australian markets will likely still be worried over the rout in commodity prices, says David Greene, head of Dealing at AFEX Australia.
The rally in the Aussie dollar following a surprisingly strong jobs report increases the likelihood of a rate cut next month, says Mitul Kotecha, head of FX Strategy, Asia Pacific at Barclays.
The Australian economy added more jobs than expected in March easing pressure on the central bank to reduce interest rates further.
Australian property prices are looking bubbly, but the surge may soon hit a wall due to few births, high mortality and sparse migration, Goldman said.
Roy Teo, senior FX & precious metals strategist at ABN AMRO, says the Australian dollar is headed for $0.72 against the greenback, with two more interest rate cuts lined up for the year.
Chris Tedder, research analyst at FOREX.com, explains why the New Zealand dollar will move past parity against the Australian dollar "sooner rather than later."
Asian stocks were higher across the board on Wednesday, with Tokyo, Seoul and mainland markets hitting fresh highs.