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Stock impact report

Dollar holds gains on economic data, Fed bets; Aussie advances before RBA [Yahoo! Finance]

NATL AUSTRALIA BK S/ADR (NABZY) 
NASDAQ:AMEX Investor Relations: nab.com.au/about-us/shareholder-centre
Company Research Source: Yahoo! Finance
The Australian dollar rose ahead ?of an expected rate hike by the nation's central bank, the first of three major central bank decisions ?this week. The yen remained lower as Japanese Finance Minister Satsuki Katayama tried to play down comments from the prime minister that there were benefits ?to a weaker currency. The greenback gained overnight after U.S. manufacturing data from the Institute for Supply Management (ISM) showed a return to growth, though a key jobs report may be delayed due to an impasse in Washington. Geopolitical tensions ratcheted down as the U.S. reached a trade deal with India and said nuclear talks will resume with Iran. "The domestic story coming from the U.S. was also ?supportive for the dollar in terms of ?that big surprise from the ISM," Rodrigo Catril, a currency strategist at National Australia Bank, said on a podcast. "The Indian story is interesting, but really it's about this idea that the tensions ?between the U.S. and Iran are seemingly easing Show less Read more
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