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WisdomTree Australia Dividend ETF (AUSE)

- NYSEARCA
  • Tue, Apr. 7, 4:36 AM
    • The Reserve Bank of Australia has unexpectedly kept its benchmark cash rate at a record-low 2.25%, although Governor Glenn Stevens signaled that the RBA could cut in the future.
    • "Further easing of policy may be appropriate over the period ahead, in order to foster sustainable growth in demand and inflation consistent with the target," Stevens said.
    • The market had expected the RBA to reduce rates today after a quarter-percentage-point cut in February, due to sluggish growth, increasing unemployment, slumping iron-ore prics and China's slowdown.
    • "This is just a delay in the inevitable,” says ABN Amro strategist Roy Teo. "It's still very likely that the RBA will choose to cut rates next month. The strength in the Aussie is an impediment to the rebalancing of the economy." (PR)
    • The Aussie dollar is +1% at $0.7667.
    • ETFs: EWA, FXA, AUSE, CROC, KROO, EWAS, GDAY, FAUS, QAUS
    | Comment!
  • Tue, Mar. 17, 2:30 AM
    • The Bank of Japan maintained its massive ¥80T stimulus program today despite a tumbling inflation rate, indicating that a steady economic recovery will help achieve its ambitious price target without immediate, additional monetary easing.
    • Heading south, the Reserve Bank of Australia released minutes to its March 3 meeting when it kept its benchmark interest rate on hold following a cut in February, saying some time was needed for "the economy to adjust to the earlier change," but left the door wide open for another rate cut.
    • Meanwhile, the FOMC begins its two-day meeting on interest rate policy this morning, with nearly all believing that the Fed will delete the word "patient" from its statement.
    • Nikkei +1%; S&P/ASX 200 +0.8%; U.S. futures all lower by 0.1%.
    • ETFs: DXJ, EWJ, EWA, DFJ, NKY, DBJP, AUSE, EZJ, EWV, JPNL, DXJS, KROO, SCJ, JSC, ITF, JPP, EWAS, HEWJ, FAUS, FJP, QJPN, JPMV, DXJT, QAUS, DXJR, DXJH, DXJF, DXJC
    | 4 Comments
  • Wed, Mar. 4, 2:41 AM
    • Australia’s economy grew at a slower pace than expected in Q4 as the mining investment boom continued to fade and businesses reined in spending amid low confidence.
    • GDP growth increased by 0.5% in the December quarter, taking the annual rate of GDP growth to 2.5%, down from 2.7% in the prior period.
    • While the RBA held off on a second rate cut yesterday, most economists expect the central bank to pull the trigger in the coming months.
    • S&P/ASX 200 closed down 0.5% at 5,901.60
    • ETFs: EWA, AUSE, KROO, EWAS, FAUS, QAUS
    | 1 Comment
  • Tue, Mar. 3, 2:04 AM
    • Australian stocks fell back from seven-year highs today after the Reserve Bank of Australia surprised markets by holding interest rates at 2.25% instead of lowering rates for a second consecutive month.
    • "Further easing of policy may be appropriate over the period ahead. The Board will further assess the case for such action at forthcoming meetings," said RBA Governor Glenn Stevens.
    • China cut its rates over the weekend and the ECB begins a trillion-euro quantitative easing plan this month.
    • S&P/ASX 200 closed down 0.4% at 5,933.90
    • ETFs: EWA, AUSE, KROO, EWAS, FAUS, QAUS
    | Comment!
  • Tue, Feb. 3, 4:12 AM
    • The Reserve Bank of Australia has jumped on the easing bandwagon, becoming the latest global central bank to cut interest rates in response to slowing inflation and concerns over economic growth.
    • The RBA lowered its benchmark rate by 25 bps - its first change since August 2013 - to a new record low of 2.25%.
    • The news sent the Australian dollar skidding to a six-year low of $0.7650, while the S&P/ASX 200 Index closed up 1.5% at 5,707.37 - its highest close since May 2008.
    • ETFs: EWA, FXA, AUSE, CROC, KROO, EWAS, GDAY, FAUS, QAUS
    | Comment!
  • Dec. 15, 2014, 3:11 AM
    • Australia's government forecast its budget deficit would swell to A$40.4B ($33.2B) in the year to June, from an initial estimate of A$29.8B, as falling global commodity prices had opened a gaping hole in tax revenue.
    • The estimate also dashed government hopes of returning to surplus within the next five years.
    • Despite the mid-year budget update, Standard & Poor's Ratings Services said its triple A rating for Australia was not immediately affected.
    • The S&P/ASX 200 ended down 0.6% at 5,186.
    • ETFs: EWA, AUSE, KROO, EWAS, FAUS, QAUS
    | Comment!
  • Nov. 18, 2014, 1:57 AM
    • After finalizing a free-trade agreement with China yesterday, Australia is now pushing for a comprehensive trade deal with India.
    • "We want to go further and that's why the next priority for Australia is a comprehensive economic partnership agreement with India," says PM Tony Abbott. "If I may say so, this is a moment in time. This is the time to get this done."
    • Trade between Australia and India stands at around $15B a year, or just a tenth of that between Australia and China.
    • ETFs: EPI, EWA, INDY, SCIF, PIN, INDL, INP, INXX, INDA, SCIN, AUSE, SMIN, INCO, KROO, EWAS, FAUS, QAUS
    | Comment!
  • Nov. 17, 2014, 2:36 AM
    | Comment!
  • Jun. 12, 2014, 12:04 PM
    • Each ETF will track a single developed market and hold firms that have performed well in various market conditions and offer investors value while featuring low volatility.
    • SPDR MSCI Australia Quality Mix ETF (QAUS), SPDR MSCI Canada Quality Mix ETF (QCAN), SPDR MSCI Germany Quality Mix ETF (QDEU), SPDR MSCI Japan Quality Mix ETF (QJPN), SPDR MSCI Spain Quality Mix ETF (QESP), and SPDR MSCI United Kingdom Quality Mix ETF (QGBR) all launched this morning when the market opened.
    • All of the quality ETFs feature an expense ratio of 0.30%.
    • Other ETFs following the selected 6 countries: EWU, FKU, DXPS, DBUK, EWP, DXJ, EWJ, NKY, DBJP, EZJ, EWV, JPNL, ITF, JPP, JPNS, HEWJ, FJP, EWG, DBGR, DXGE, FGM, HEWG, EWC, FCAN, EWA, AUSE, FAUS
    | Comment!
  • Jun. 12, 2014, 7:41 AM
    • "The tide has turned for aussie (FXA) now that the Japanese have come back to the market,” says Geoffrey Kendrick, Morgan's chief of currency and interest rate strategy for Asia. "Their switch back into Aussie bonds signals a turn in global long-term investor sentiment."
    • The team at Morgan expects this Japanese demand to push the aussie to parity against the greenback for the first time in more than a year, extending a 5.3% advance it's already made YTD. It can be labeled a contrarian call, given the median forecast in a Bloomberg survey is for the aussie to slip to $0.89 by year's end.
    • Key for Morgan is the Reserve Bank of Australia's decision to stop cutting interest rates. With the benchmark overnight rate at 2.5% and 10-year government paper at 3.82%, Australia is drawing big money from Japanese investors craving yield of any sort.
    • Equity ETFs: EWA, AUSE, FAUS
    | Comment!
  • Jun. 4, 2014, 6:38 AM
    • "It's still too early to break out the champagne," says AMP Capital's Shane Oliver after Australia's Q1 GDP rose 1.1% Q/Q and 3.5% Y/Y, both beating forecasts and coming in at the quickest pace in two years. "Growth will not be sustained at this pace for the next few quarters."
    • The slowdown in Oz over the past couple of years has come about thanks to a downturn in the mining industry as demand from Asia (China) slows, and the central bank has slashed interest rates to a record-low 2.5% in response.
    • "FIve minutes of economic sunlight," is how Deutsche chief economist Adam Boyton describes the GDP report, expecting the mining investment slowdown to continue to be a drag.
    • The aussie is up 0.1% to $0.9273 and stocks in Sydney closed lower by 0.6%.
    • ETFs: FXA, EWA, AUSE, CROC, GDAY, FAUS
    | Comment!
  • May. 8, 2014, 4:07 AM
    • Australia's jobless rate held steady at 5.8% in April and came in just below consensus of 5.9%.
    • The number of people in work climbed 14,200 after rising 22,000 a month earlier and topped consensus of +6,750.
    • The number of full-time jobs rose 14,200 following a drop of 22,800, while that for part-time positions was flat vs +40,200.
    • The participation rate slipped to 64.7% from 64.8%.
    • The increased number of jobs comes after the Reserve Bank of Australia left its benchmark interest rate at a record-low 2.5% this week amid slowing inflation and ahead of expected cuts in government spending.
    • The S&P/ASX 200 is +0.75%, while the AUD-USD is +0.6% at $0.9381. (PR)
    • ETFs: FXA, EWA, AUD, AUSE, CROC, AUNZ, KROO, EWAS, GDAY, FAUS
    | Comment!
  • Apr. 23, 2014, 2:31 AM
    • Australian CPI eased to +0.6% on quarter in Q1 from +0.8% in Q4 and came in below consensus that was also +0.8%.
    • On year, inflation rose to 2.9% from 2.7% but was below forecasts of 3.2%. The latest figure compares with the Reserve Bank of Australia's target of 2-3%.
    • Core CPI +0.5% on quarter vs +0.9% and +0.7%. On year, core inflation +2.6% vs +2.6% and +2.9%.
    • The low inflation could cool speculation that the Reserve Bank of Australia may raise interest rates from a record low of 2.5%, especially with house prices surging and amid the prospect of a looming building boom.
    • "The Reserve Bank can comfortably keep interest rates at exceptionally low levels over the near term," says economist Savanth Sebastian. "Whichever way you cut it, inflation is well and truly in check."
    • The S&P/ASX 200 is +0.7% and the AUD-USD is -0.9% at $0.9285. (PR)
    • ETFs: FXA, EWA, AUD, AUSE, CROC, AUNZ, KROO, EWAS, GDAY, FAUS
    | Comment!
  • Apr. 10, 2014, 7:53 AM
    • The aussie (FXA) continues a nice run higher after Australia adds 18.1K jobs in March, far better than the 5K increase expected, and following the 48K gain in February. The unemployment rate fell to 5.8% vs. forecasts for 6%.
    • Calling the details of the report "messy," economist Shane Oliver says the picture is still broadly positive. "It's probably best to focus on the trend and it is showing monthly jobs growth of around 14,000 and unemployment rising only very slowly."
    • Goldman's a bit more cautious, characterizing the better numbers only as "stabilization."
    • The aussie is ahead 0.5% and buying $0.9434. Sydney gained 0.3% overnight.
    • ETFs: FXA, EWA, AUSE, CROC, KROO, EWAS, GDAY, FAUS
    | Comment!
  • Apr. 1, 2014, 2:22 AM
    • The Reserve Bank of Australia has left its overnight cash-rate target at a record low of 2.5%, as anticipated, and again indicated that it expects a "period of stability in interest rates."
    • "The decline in the exchange rate from its highs a year ago will assist in achieving balanced growth in the economy, but less so than previously as a result of the rise over the past few months," said RBA Governor Glenn Stevens.
    • The S&P/ASX 200 closes -0.1%, while the Australian dollar is +0.1% at $0.9272. (PR)
    • ETFs: FXA, EWA, AUD, AUSE, CROC, AUNZ, KROO, EWAS, GDAY, FAUS
    | Comment!
  • Mar. 13, 2014, 3:31 AM
    • The number of full-time Australian jobs has risen by the largest amount since 1991, jumping by 80,500 in February vs just 2,700 in January. The increase is also the second-largest ever and indicates that the central bank's policy of record-low interest rates is having an impact.
    • The overall number of jobs increased by 47,300 vs 18,000 previously and consensus that was 18,000 also.
    • The number of part-time jobs fell by 33,200 vs growth of 3,400 in January.
    • As expected, the unemployment rate held stead at 6%.
    • The "super strong result" should ease concerns about the labor market, says economist Savanth Sebastian. "Central bank policy makers are comfortable with the way the recovery is panning out. The housing recovery continues to gather momentum, while rising wealth levels are supporting confidence."
    • The S&P/ASX 200 rose 0.5%, while the Australian dollar is +0.8% at $0.9063.
    • ETFs: FXA, EWA, AUD, AUSE, CROC, AUNZ, KROO, EWAS, GDAY, FAUS
    | Comment!
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AUSE Description
WisdomTree Australia Dividend Fund seeks investment results that closely correspond to the price and yield performance, before fees and expenses, of the WisdomTree Australia Dividend Index. Prior to June 17, 2011, the WisdomTree Australia Dividend Fund was named the WisdomTree Pacific ex-Japan Equity Income Fund.
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Country: Australia
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