Jalatama beritakan : Australia’s
dollar advanced against all but one of its major peers before reports this week
forecast to show the nation’s trade deficit narrowed and retail sales advanced
for a fifth month.
Australian
10-year government bond yields were set for the highest close in a month
following a rise in U.S. Treasury yields at the end of last week as the Federal
Reserve prepared to pare asset purchases this month. Traders see 5 percent odds
the Reserve Bank of Australia will reduce its benchmark lending rate from a
record-low 2.5 percent at its next meeting in February, compared with an 18
percent chance a month earlier.
The
Australian dollar added 0.4 percent to 89.81 U.S. cents as of 12:04 p.m. in
Sydney from Jan. 3, and gained 0.4 percent to NZ$1.0857. Ten-year bond yields
climbed five basis points, or 0.05 percentage point, to 4.40 percent, set for
the highest close since Dec. 6.
New Zealand’s
currency was little changed at 82.74 U.S. cents.
Australia’s
trade deficit probably narrowed to A$300 million ($269.2 million) in November
from A$529 million the previous month, according to the median estimate of
economists surveyed by Bloomberg News before the Australian Bureau of
Statistics data tomorrow. Retail sales advanced 0.4 percent in November,
according to a separate Bloomberg poll before the report’s release on Jan. 9.
The
Aussie gained for the first time in 11 weeks over the five days to Jan. 3,
snapping the longest losing streak since 1982. It fell 14 percent against the
greenback in 2013, the most among its Group of 10 peers after the yen.
(Source: Bloomberg)