The dollar jumped and any lingering chance of a Reserve Bank of Australia official rate cut next week was all but wiped out in financial market betting after December quarter headline inflation came in slightly above expectations. Consumer prices rose 0.4 per cent from the September quarter and 1.7 per cent from a year earlier, […]
RBA Not Expected to Move Yet after Inflation Data Read More »
Today I was interviewed again by Carson Scott on Trading Day, Sky Business channel on the Australian market, specifically the ASX200 index, AUD/USD, RBA and Fed plans, ECB, and China’s woes. Specifically I was asked about the surge higher today in teh ASX200 index and whether I thought it could be sustained. We talked
Live TV Appearance On Sky Business – talking ASX200 Index and AUD/USD Read More »
The Australian dollar has skidded to a seven-year low as commodity prices plunge and global stock markets tank on concerns around the Chinese economy and broader global growth prospects. At 7.20am (AEDT), the local unit is trading at US68.61c, down from US69.54c on Friday. The currency plunged to US68.27c during the Saturday morning session, the
AUD/USD near Seven Year Low at 0.6850 Read More »
Today I was interviewed again by Carson Scott on Trading Day, Sky Business channel on the Australian market, specifically the ASX200 index, the Australian dollar (AUD/USD), and RBA and Fed plans. Specifically I was asked about the recent decline in the ASX200 index and its current significant levels. We talked about the influence that China
Live TV Appearance On Sky Business – talking ASX200 Index and AUD/USD Read More »
