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Janet's words stronger than BOJ and ECB bazookasBY BENJAMIN ONG | MONDAY, 4 APR 2016 10:59AM
Latest stats and survey releases explain why, in the words of RBA deputy director Philip Lowe, "Most central banks would like lower currencies?"
Read more: ECB, Bank of Japan, Philip Lowe, BOJ, US Federal Reserve, Janet Yellen, Economic Club of New York, European Central Bank, Eurozone, IMF, ISM, Reserve Bank of Australia, SBS, Tankan, US Treasury
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Towards a perfect currency solution
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There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
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BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
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The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
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Chi-X TraCRs and funds will now be offered on a $1.9 billion privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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