1 August, 2016 by The TZ Newswire Staff Comments Off on Looking For Yield In All The Wrong Places
Looking For Yield In All The Wrong Places
1 August, 2016 by The TZ Newswire Staff Comments Off on Stay tuned for the RBA quarterly forecast update on Friday!
Stay tuned for the RBA quarterly forecast update on Friday!
If you’ve just woken up, the Reserve Bank of Australia has cut its cash rate target
– to 1.5%
– From 1.75%
On Friday we get the quarterly Statement on Monetary Policy, which will update economic growth and inflation forecast and will give us a better run down on the reasoning behind today’s decision (beyond what we’ve already got in )
1 August, 2016 by The TZ Newswire Staff Comments Off on Live: Italian PM Renzi ‘concerned for the future of European institution’
Live: Italian PM Renzi ‘concerned for the future of European institution’
Our live blog is tracking market reaction as we bring you details of CNBC’s exclusive interview with the Italian Prime Minister Matteo Renzi.
1 August, 2016 by The TZ Newswire Staff Comments Off on RBA announcement: CUT RATES by 25bp
RBA announcement: CUT RATES by 25bp
Reserve Bank of Australia monetary policy announcement
Quick headlines from the statement via Reuters
AUD quickly marked lower and then a bit of a bounce back – currently around 0.7517
–
1 August, 2016 by The TZ Newswire Staff Comments Off on Trump campaign asks Capitol Hill to back him in Khan controversy
Trump campaign asks Capitol Hill to back him in Khan controversy
Donald Trump has appealed to Capitol Hill for support as his attacks on a Gold Star family drew rebukes from fellow party members.
1 August, 2016 by The TZ Newswire Staff Comments Off on U.S. Manufacturing PMI: Relatively Strong Start To The Third Quarter
U.S. Manufacturing PMI: Relatively Strong Start To The Third Quarter
1 August, 2016 by The TZ Newswire Staff Comments Off on AUD traders – heads up for the RBA announcement, due at 0430GMT
AUD traders – heads up for the RBA announcement, due at 0430GMT
If you need a heads up.
– The current cash rate target is 1.75%
– 20 of 25 economists polled by Bloomberg expect a cut (prior to the Q2 CPI release last week, 24 of 25 had been expecting a cut. 4 have thus changed sides, citing inflation being at the RBA target and the bank will therefore not move today)