Free Trial

Dividend Season Not Expected To Have Large Effect

AUD

ANZ notes: "Dividend season is fast approaching with the majority of dividends for Australia's largest listed companies being paid between 20 September and 8 October. We estimate net AUD buying of $A6.5bn in the week ending 24 September and net AUD selling of $A6.1bn in the following two weeks. This amount of net AUD buying and selling is only a small share of daily global AUD turnover. As a result, we expect dividend payments will only have a limited and fleeting impact on AUD spot."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.