Currency Point: It was a few weeks before Christmas and rate rises are here
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- December 12, 2022
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Australian market expected to open higher 22/11/19
- November 22, 2019
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 38 points. China’s chief trade negotiator has invited his American counterparts for a new round of talks, according to people briefed on the matter, as both sides are struggling to strike a limited deal to help
READ MOREAustralia Stocks Tank as Markets React to Latest Westpac Crisis 21/11/19
- November 21, 2019
Australian stocks are having one of their worst weeks this year. The AUS200 index has declined from a high of $6835.35 to a low of $6635.25. This decline is as a result of the weakening sentiment on global trade. It is also because of a large scandal that has engulfed the country’s banking sector. Early
READ MOREAustralian Stocks Dip as Trade War Tensions Rise 20/11/19
- November 20, 2019
Australian stocks dropped by 1.28% as the market worried about trade. The dip also followed a decision by the People’s Bank of China (PBOC) to slash interest rates from 4.20% to 4.15%. This decision was unexpected and came a week after the country released weak fixed asset investment, industrial production and manufacturing production data. It
READ MOREAustralian Stocks Soar on Dovish RBA Minutes 19/11/19
- November 19, 2019
Australian stocks rose after the RBA released its minutes for the previous meeting. The minutes showed that members were concerned about the slowing economy of the country’s trading partners. Just last week, China released fixed investments, manufacturing and industrial production data. Members expect the country’s main trading partners to grow by just 3.5%. As such,
READ MOREAustralian market expected to open flat 19/11/19
- November 19, 2019
OPENING CALL: The Australian share market is expected to open flat. The SPI200 futures contract expected to open down 3 points. The Commerce Department extended a license allowing rural U.S. telecom providers to continue working with Chinese equipment maker Huawei, despite national-security-related restrictions imposed six months ago. U.S. government bonds strengthened, pushing the yield
READ MOREAustralian market expected to open flat 18/11/19
- November 18, 2019
OPENING CALL: The Australian share market is expected to open flat. The SPI200 futures contract expected to open down 3 points. The former ambassador to Ukraine testified that she felt threatened by President Trump’s disparaging comments about her in a phone call with his Ukrainian counterpart as the second public hearing of the impeachment inquiry
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Currency Point: Technicals catching out
- November 15, 2019
First and foremost, risk currencies have over the past two months, been a very positive long trade as DXY and macroeconomic risks unwounded. However, over the past week several events negate the upside movements these being; First, central bank commentary specifically the RBNZ and RBA on local currency appreciation and what it might do to
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Week Ahead Video Analysis: “Technicals catching out”
- November 15, 2019
Australian market expected to open higher 15/11/19
- November 15, 2019
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 21 points. China has agreed to lift a more than four-year-old ban on U.S. poultry imports, both governments said, in what a U.S. industry group said could lead to sales of $2 billion of poultry. After
READ MOREAustralian market expected to open higher 14/11/19
- November 14, 2019
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 17 points. Reaching 10 million subscribers about 24 hours after the formal launch of Disney+ appearsto be a robust start, but it’s unclear how much each of those customers is worth to Disney. Alibaba applied for
READ MOREKiwi Jumps After Surprise Interest Rates Decision by RBNZ 13/11/19
- November 13, 2019
The kiwi jumped after the RBNZ delivered its interest rates decision. The market was expecting the bank to slash rates by 25 basis points but interest rates were left unchanged. In a statement, Governor Adrian Orr said that developments had not changed since the August statement. Members also noted that there were significant downside risks
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Top 6 Women in Finance
- November 13, 2019
The days of not finding women in senior financial leadership positions are coming to an end. Investors are starting to view gender-diverse companies as more innovative and ethical with an increasing number of women taking on top roles. Here are six powerful women who are paving the way forward in finance. 1. Abigail Johnson American
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