SYDNEY Air Max 1 Sale Mens , May 30 (Xinhua) -- The Australian dollar began the day higher on Tuesday, with volatility limited due to major U.S. and British markets celebrating a public holiday.
At the Asian open, one Australian dollar was buying 74.40 U.S. cents, up slightly from the 74.30 U.S. cents it was trading on late Monday.
The April building approvals report due at 1130 local time AEST on Tuesday could impact the dollar, according to senior currency strategist at the Commonwealth Bank Air Max Sale Mens , Elias Haddad, who told Xinhua in a statement that he is forecasting a 5 percent increase in approvals after the 13 percent fall in March.
"We expect the volatile multi-unit series to post a solid bounce following last month's 22 percent fall. In trend terms, we expect approvals to cool a little this year." Haddad said.
Chris Weston, chief market strategist at IG predicts a 3 percent rise in building approvals, but does not expect much movement for the local currency Nike Air Max 95 Sale Black , with the other majors closed for the public holiday.
"The Australian and U.S. currency has traded in a 23-point range overnight and with the U.S. fixed income market closed, there really has been no real impetus for price to move," Weston said.
"Building approvals, unless they absolutely collapse, should not cause more than five to ten point move at most."
At 0830 local time AEST Nike Air Max 90 Sale Black , one Australian dollar is buying 74.38 U.S. cents, while crude oil is trading at 50.00 U.S. dollars per barrel.
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BEIJING, April 27 (Xinhua) -- China's major industrial firms continued to post double-digit growth in March, adding to signs of a stabilizing Chinese economy Nike Air Max 1 Sale Black , official data showed Thursday.
The companies reported a 23.8-percent year-on-year profit growth last month, slowing from 31.5 percent in January and February but still much faster than the 8.5-percent increase in 2016, according to the National Bureau of Statistics (NBS).
In the first three months of the year, profits of major industrial firms rose 28.3 percent year on year, the NBS said in a statement.
The industrial sector Nike Air Max Sale Black , which accounts for about a third of China's GDP, started to pick up last year after profit declines in 2015, helped by government efforts to cut overcapacity and a recovery of the property industry.
Value-added industrial output expanded 6.8 percent year-on-year in the first