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Sanju777 predicted bearish impact of Ivey Purchasing Managers Index in the Fundamental analysis Contest

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Sanju777 predicted bullish impact of New Housing Price Index in the Fundamental analysis Contest

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Sanju777 predicted bullish impact of ANZ Commodity Price in the Fundamental analysis Contest

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Sanju777 predicted bullish impact of Employment Change in the Fundamental analysis Contest

Weak domestic business confidence and global concerns weigh on GDP growth prospects.Household confidence remains resilient, supporting consumption outlook.
Fuel, food and rent drive consumer price inflation.Ongoing trade uncertainty weighed on global business activity in the June quarter.
Global consumer spending holds up, supported by rising wages and solid labor markets so I bet on NZD.

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Sanju777 predicted bearish impact of Trade Balance in the Fundamental analysis Contest

For Australia main consumer of his commodity is Chain due to trade war between China and US currently Australia is struggling which will have huge impact on the economy and same thing we can see in the market price action and currently pair is going down in multi weeks low so it’s easy to bet on UsD against AuD .

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Sanju777 predicted bearish impact of RBA Interest Rate Decision in the Fundamental analysis Contest

policymakers are expected to maintain rates unchanged. The dovish outlook and chances of further rate hikes would likely remain the same.The devaluation of the Chinese Yuan weighed on the Australian currency alongside with dismal data, as the Chinese Caixin Services PMI came in at 51.6 for July, missing the expected 52.9 and down from the preceding month's reading of 52.00. The Australian AIG Performance of Services Index edged sharply lower in June, resulting in 43.9 from 52.2 previously.

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Sanju777 predicted bullish impact of Markit Services PMI in the Fundamental analysis Contest

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Sanju777 predicted bullish impact of Markit PMI Composite in the Fundamental analysis Contest

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Sanju777 predicted bullish impact of Markit Services PMI in the Fundamental analysis Contest