European session review: AUD weakens, as extension of lockdown restrictions in Australia's Victoria state outweighed the country's better-than-expected Q1 GDP data
02.06.2021, 12:25

European session review: AUD weakens, as extension of lockdown restrictions in Australia's Victoria state outweighed the country's better-than-expected Q1 GDP data

TimeCountryEventPeriodPrevious valueForecastActual
06:00GermanyRetail sales, real adjusted April7.7%-2%-5.5%
06:00GermanyRetail sales, real unadjusted, y/yApril11.6%10.1%4.4%
08:30United KingdomNet Lending to Individuals, blnApril11.1 2.9
08:30United KingdomConsumer credit, mlnApril-0.3880.5-0.377
08:30United KingdomMortgage ApprovalsApril83.484.97586.9
09:00EurozoneProducer Price Index, MoM April1.1%0.9%1%
09:00EurozoneProducer Price Index (YoY)April4.3%7.3%7.6%
09:00AustraliaRBA Assist Gov Debelle Speaks    
12:30CanadaBuilding Permits (MoM) April7.6%-4.8%-0.5%


AUD fell against most of its major rivals in the European session on Wednesday, as stronger than expected Q1 GDP data from Australia were overshadowed by reports that the Australian state of Victoria extended its 7-day lockdown. 

The government of the state of Victoria, Australia's second-most-populous state, announced on Wednesday it decided to extend a COVID-19 lockdown in state capital Melbourne for another week in a bid to contain the latest virus outbreak. Meanwhile, the restrictions in regional Victoria will ease from midnight on Thursday. "I know this is not the news that everybody wants to hear but given the cases we have... the government had no choice," noted the Victorian acting premier James Merlino. "If we don't do this [lockdown], this thing will get away. This variant of concern will become uncontrollable and people will die." There were six new coronavirus cases reported on Wednesday, taking the cluster to 60.

The announcement of the extension of the lockdown by the Victorian government offset Australia's upbeat Q1 GDP data. The Australian Bureau of Statistics (ABS) reported that Australia's GDP grew 1.8 percent q-o-q in the first three months of 2021, following an upwardly revised 3.2 percent q-o-q growth in the previous three-month period. This marked the third straight quarter of expansion. Economists had forecast a 1.5 percent q-o-q advance. On a yearly basis, GDP rose 1.1 percent, above pre-pandemic levels, after a downwardly revised 1 percent decline in the fourth quarter of 2020. Economists had expected a 0.6 percent gain.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik