Today I was interviewed again by Carson Scott on Trading Day, Sky Business channel on the Australian market, the Australian dollar (AUD/USD) and what the RBA will decide next Tuesday at their next monthly monetary policy meeting. Specifically I was asked about the recent movement in the AUD/USD and its current significant levels. We spoke …
Live TV Appearance On Sky Business – talking RBA and AUD/USD Read More »
There is no risk of Australia being stripped of its coveted triple-A credit rating, Treasurer Joe Hockey said on Friday, slapping down speculation the country might be downgraded for the first time in 26 years. In an interview with Reuters, Hockey said he was confident the economy would extend a run of annual growth that …
Treasurer Hockey: Australia’s AAA Rating Not in Danger Read More »
I appeared on Channel News Asia again this morning for my fortnightly appearance, at 8:20am AEST / 6:20am SGT. My questions and my responses in the form of brief notes are below: Q1. Upbeat technology earnings helped the Nasdaq surpass its 15-year-old record last week. Does this bull market have legs? I am a believer …
The Reserve Bank confronts a dilemma with the latest indicators suggesting economic growth is strengthening while the longer-term outlook remains threatened by falling business investment and commodity prices. The bank’s open scepticism about its ability to forecast the economy with any accuracy might lead it to place greater emphasis on the near-term data. However, the …
