Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

MNI BRIEF: Aussie Export Prices Drop; First Time in 8 Quarters

MNI (PERTH)

MNI (Perth)

Australia's Export Price Index dropped for the first time in eight quarters in Q3, slowing as Chinese demand for iron ore weighed on exports, according to data released by the Australian Bureau of Statistics Thursday.

The Export Price Index fell 3.6%, paced by a 16.9% decline in prices for metalliferous ores and metal scrap fell 16.9% as a slowdown in China's housing market sapped demand for iron ore. Coal, coke and briquettes fell 6.2% in the quarter as weaker steel demand weighed on metallurgical coal prices. Despite the decline in the September quarter, the Export Price Index rose 25.9% y/y.

Keep reading...Show less

219 words

To read the full story

Free Trial

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Enter your Country

Enter your Phone

Areas of interests

Market News may contact you in your professional capacity with information about our other products and services that we believe may be of interest to you. You will be able to update your communication preferences via the unsubscribe link provided within your communication.

Why Subscribe to
MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Keep reading...Show less

MNI BRIEF: Italy Economy Can Handle Further Rate Hikes- Visco

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

MNI BRIEF: BOJ To Provide JPY1 Trln In 5-Year Funds on Tuesday

BOC Data Watch

BOC Watch

EZ/UK T-Bill Calendar: Austria to issue Tues

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

MNI BRIEF: EC Head Aims For Gas Price Cap Deal In Coming Days

Biden Document Controversy Casts Shadow Over 2024 Announcement

BLOCK, Update Short Jun SOFR Puts

Resistance Remains Intact

Large CAD Net Shots In CFTC Positioning Ahead Of BoC Decision

BLOCK, Sep'23 SOFR Broken Put Trees

Tuesday Data Calendar: Fed Mfg, S&P Mfg, Services, Comp PMIs

Real-time Actionable Insight

MNI BOC WATCH: Macklem May Hike 25BPS And Signal Pause

EZ/UK T-Bill Calendar: Austria to issue Tues

EZ/UK Bond Supply Calendar: EU & UK syndications expected Tues

MNI BRIEF: Italy Economy Can Handle Further Rate Hikes- Visco

MNI BRIEF: Overtightening Also A Risk For ECB -Visco

MNI BRIEF: Aussie Export Prices Drop; First Time in 8 Quarters

Why Subscribe to
MarketNews.com

MNI

PRODUCTS

EVENTS

TOPICS

Real-time Actionable Insight

MNI BRIEF: Aussie Export Prices Drop; First Time in 8 Quarters

Sign up now for free access to this content.

FI Market:

FX Market:

Data:

Policy:

MNI Research:

Emerging Markets:

High Speed Calendar:

Commodities:

Why Subscribe to MarketNews.com

MNI

PRODUCTS

EVENTS

TOPICS

Why Subscribe to
MarketNews.com