ASX200 In every December since 2009, there has been a strong surge higher, so there must be something special about the year end. Based on that I wouldn’t be at all surprised to see something similar again this year however I do see some limited upside. The ASX200 has been under immense pressure during the …
ASX200 The ASX200 has done well of late to distance itself and move away from the key 5000 level however it remains well within reach. This level continues to loom and is poised to play a role again should the index retreat further. Should the index continues its rally higher then it is likely to …
ASX200 in No-Man’s Land as AUD/USD Eyes off 0.70 Again Read More »
ASX200 The ASX200 has done well of late to distance itself and move away from the key 5000 level however it remains well within reach. This level continues to loom and is poised to play a role again should the index retreat further. Should the index continues its rally higher then it is likely to …
ASX200 Keeps an Eye on 5000, as AUD/USD Enjoys 0.72 Read More »
The Reserve Bank has defied mounting global economic gloom, keeping interest rates on hold for the fifth month in a row and expressing confidence in APRA’s efforts to keep a lid on investment lending in the frothy Sydney and Melbourne housing markets. As the International Monetary Fund downgraded its economic growth forecasts yet again, including …
Despite Mounting Global Economic Concerns, RBA Holds Again Read More »
