Turmoil on financial markets could dent global economic growth, but Australia has a good chance of emerging “fairly well”, the head of the Reserve Bank says. Global economic growth forecasts have been lowered in recent months due to volatility on share markets and signs of slowing growth in China, the world’s second largest economy, RBA …
RBA’s Stevens: Australian Economy May Emerge “fairly well” Read More »
The Reserve Bank of Australia has warned that the global outlook has increased risks to Australia’s economy and cautioned that it is too soon to know whether Chinese efforts to spur growth will be effective. The bank also reiterated its warning that any US Federal Reserve interest rate hike – as soon as this week …
RBA Minutes: Warning over Darkening Global Outlook Read More »
I appeared on Channel News Asia again this morning at 8:30am SGT, live from their Raffles Place studio. My questions and my responses in the form of brief notes are below: Q1. Will Malcolm Turnbull be good for the country in overhauling Australia’s economy? The markets are certainly indicating so. The news is less than …
Today I was in Sydney and interviewed by Leanne Jones on Trading Day, Sky Business channel on the Australian market. Specifically the ASX200 index, the Australian dollar (AUD/USD), and US and China’s impact on Australia. I was asked about the recent declines in the ASX200 index and AUD/USD and its current significant levels. The …
Live TV Appearance On Sky Business – talking ASX200 Index and AUD/USD Read More »
