Australian consumer prices rose in the fourth quarter, driving the local currency higher as investors increased bets the central bank will raise interest rates as early as next week.
The consumer price index climbed 0.5 percent from the third quarter, when it gained 1 percent, the Bureau of Statistics said in Sydney today. The median estimate of 20 economists surveyed by Bloomberg News was for a 0.4 percent increase. Prices advanced 2.1 percent from a year earlier.
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Dean Popplewell
He has a deep understanding of market fundamentals and the impact of global events on capital markets.
He is respected among professional traders for his skilled analysis and career history as global head
of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean
has played an instrumental role in driving awareness of the forex market as an emerging asset class
for retail investors, as well as providing expert counsel to a number of internal teams on how to best
serve clients and industry stakeholders.
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