Bell FX: The AUD has a hit a low of USD0.8999, currently at 0.9025, after news the Q3 GDP rose by just 0.6% (market forecast 0.8%)

Bell Potter

Stockbroker

Bell FX: The AUD has a hit a low of USD0.8999, currently at 0.9025, after news the Q3 GDP rose by just 0.6% (market forecast 0.8%). Growth in the economy remains skewed towards mining, with mining production rising 2.7% in the quarter, while non-mining output only managed to eke out a 0.2% rise. While the windback in mining investment expected over the next couple of years will weigh on growth, there are some early signs that other sectors of the economy are starting to pick up, with housing investment likely to strengthen and the lift in consumer confidence signalling somewhat stronger household consumption growth going forward. Unemployment is forecast to rise to 6.6%. Today's Forecast Range USD: 0.8990 - 0.9085


Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.