Stephen Koukoulas
Stephen Koukoulas
australian demand fans global incredibly strong
We're short-term fans of the Australian dollar. The global demand for commodities is incredibly strong because of the global economy, which is doing very well.
account current exports generate pickup seen
Australia's current account is still at an uncomfortable level. We haven't yet seen the big pickup in exports we need to generate a narrowing in the current account.
alan data fit governor hiking information interest needed stop today
If RBNZ Governor Alan Bollard needed more information to stop hiking interest rates, the house-building consents data today fit the bill.
growth investors means momentum money offshore
Growth momentum means offshore investors want to put their money in Australia.
australian dollar rate short term
The Australian dollar should be doing better in the short term because the rate differential is still supportive.
australian bit case compelling dollar focus gaining growth momentum move rate sort totally
The case for a rate hike, while not totally compelling yet, is gaining a bit of momentum with these sort of numbers. On an interest-rate-differential and growth story, it should put the Australian dollar back in focus and see it move higher.
economy looking patch soft
The economy has come through a soft patch and is looking strong,
build clearly coming ensure further obliged pressures risks seeing time
Clearly they are seeing inflationary risks coming through, and they feel obliged to ensure that inflationary pressures don't build further some time down the track.
ahead attention australian dollar higher inflation market mean months move paying prospect risks
The market hasn't been paying enough attention to inflation risks as it should. The prospect of an interest-rate move higher in the months ahead will mean the Australian dollar will find some friends.
australian balance continue dollar news provide support trade
The news should provide support for the Australian dollar with a hint that the trade balance will continue to narrow.
currency demand highest interest rates
Some of the highest interest rates in the world keep demand for the currency strong.