Aussie Holds Gains Ahead OF RBA Review As Retail Sales - Forex Vs Stock

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Monday, December 4, 2017

Aussie Holds Gains Ahead OF RBA Review As Retail Sales

RBA Review As Retail Sales :
Australia won a tremendous victory on Tuesday as retail sales were stronger and the reader's services in high-trade partnership increased concern over Australia's review of central bank rates. Hand converted to 0.05% on USD / JPY 112.47, while trade at AUD / USD 0.7639, 0.53%. In China, Caixin services came in November better than PMI 51.9 November, 51.5 November in November. Earlier, Australia with a stable cash expected of 1.50% of the RB rate review report for December.
Earlier in Australia, the third-quarter current account's figure deficit $ 9.11 billion, against a $ 9.11 billion loss. In addition, retail sales increased by 0.5 percent in October, it is better to profit 0.3%. Australia reported the AFI Service Index on November 51, with the previous month of 51.4. The US dollar index, which has estimated the Greenback's power against the six-point trading weight basket, reached 0.02% to 93.03. Last night, the dollar rose against a basket on Monday, when the United States passed the Senate bill, but pounds did not report any breakout agreement on ground greenback.

US Senators passed the tax bill for the first time in the past three decades to eliminate the US tax system. It reached 49 votes from 51 votes. This House of Senate and House members hope that talks should be continued to impose their respective bills this week.
Tax deficiencies, seen as massive inflation, show factory orders in October during economic data, while the session increased. To increase the expectations of the core power of the US economy.
The commerce department said on Monday two days that orders of factory goods fell by 0.1 percent due to lack of demand for both urban and defense ships.
After reaching the next step of Broadcast negotiations, the United Kingdom and the European Union increased the dollar in sterling. The European Commission President Jean Claud Joker said that it was not possible to reach the full agreement today. "

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