13 October, 2015 by The TZ Newswire Staff Comments Off on Australia press: ‘Westpac move ‘seals the deal’ for RBA interest rate cut’
Australia press: ‘Westpac move ‘seals the deal’ for RBA interest rate cut’
Westpac hiked their home lending rate …
post is here
Follow up post here:
Westpac rate hike makes an RBA November rate cut more likely
Then, another follow up post:
13 October, 2015 by The TZ Newswire Staff Comments Off on Asian shares extend losses after China prices cool
Asian shares extend losses after China prices cool
Asian shares tottered on Wednesday, extending losses after consumer inflation in China eased more than expected and heightened concerns about deflationary pressures in the world’s second-largest economy. China’s consumer price index (CPI) rose 1.6 percent in September from a year earlier, the National Bureau of Statistics(NBS) said, falling short of expectations of 1.8 percent and down from August’s 2.0 percent.
13 October, 2015 by The TZ Newswire Staff Comments Off on Oil extends fall on renewed worries over supply surplus
Oil extends fall on renewed worries over supply surplus
Crude oil futures slipped on Wednesday, extending losses from the prior session when an International Energy Agency report said the market would stay oversupplied for at least another year. U.S. shale production is expected to fall the most on record in November, extending a nationwide output decline into its seventh consecutive month, according to a forecast on Tuesday from the U.S. Energy Information Administration.
13 October, 2015 by The TZ Newswire Staff Comments Off on China September consumer inflation cooler than expected, producer prices fall for 43rd month
China September consumer inflation cooler than expected, producer prices fall for 43rd month
Consumer inflation in China eased more than expected in September while producer prices fell for the 43rd straight month, adding to concerns over growing deflationary pressures in the world’s second-largest economy. The consumer price index (CPI) rose 1.6 percent in September from a year earlier, the National Bureau of Statistics(NBS) said on Wednesday, lower than expectations of 1.8 percent and down from August’s 2.0 percent.
13 October, 2015 by The TZ Newswire Staff Comments Off on Weak trading hits JPMorgan, profit falls in three core businesses
Weak trading hits JPMorgan, profit falls in three core businesses
Like other banks, JPMorgan has been struggling to increase revenue in the face of weak demand for loans and low interest rates, which have been stuck near zero for overnight funds since December 2008. Trading was particularly volatile during the quarter as worries about the impact of an economic slowdown in China roiled financial markets, discouraging investors from making big bets and muddying the outlook for U.S. interest rates.
13 October, 2015 by The TZ Newswire Staff Comments Off on Asian shares fall after soft China inflation data
Asian shares fall after soft China inflation data
Asian stocks stumbled early Wednesday, as investors digested the latest inflation data due out of China.
13 October, 2015 by The TZ Newswire Staff Comments Off on Preview of the Australian September employment data due 15 October 2015
Preview of the Australian September employment data due 15 October 2015
September employment data due from the Australian Bureau of Statistics on Thursday local time (14 October 2015)
– At 0030GMT
Employment Change:
– expected +9.6K, prior +17.4K
Unemployment Rate: