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DAUD (Citigroup ETNs linked to the VelocityShares Daily 4X Long USD vs. AUD Index) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
China-Australia trade tensions have escalated significantly in 2020-21, with Australian exports of goods having been impacted by an increasing array of trade policy actions by China. Even during 2019, there had been some temporary disruptions of Australian coal shipments to certain Chinese ports, with long delays in permission to unload Australian coal cargoes at Chinese ports.
Flash Australia composite PMI eases from record high but remains elevated. Jobs growth surges to survey record.
The Australian economy has rebounded in early 2021 from the impact of the COVID-19 pandemic restrictive measures that hit domestic demand during 2020. Australian GDP growth in the fourth quarter of 2020 rose by 3.1% quarter-on-quarter, the second consecutive quarter of positive growth after Australia entered a recession in the first half of 2020 with two consecutive quarters of negative growth.
The MSCI Asia Pacific Index rose for the third consecutive session. European bourses are little changed.
AUD/USD is now trading firmly above its highs in the first half of 2020. However, its recent ascent has certainly slowed.
Often, there seem to be one or two drivers of the foreign exchange market, but now there are several cross-currents.
Japan's August producer prices were 0.5% lower than a year ago, improving from -0.9% in July. Sterling is easily the worst-performing currency in the world this week, losing approximately 3.6% against the dollar and almost 4% against the euro.
The Australian dollar is consolidating yesterday's recovery and is in about a quarter-cent range above $0.7260. The ECB dominates today's agenda.
SEC filings for DAUD aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.