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| | | When India Prime Minister Narendra Modi visited Australia in November 2014, he sparked such enthusiasm among politicians and citizens that for a few days all we could see in the media was his friendly, bearded smile. Indian citizens in Australia were ... |
| | | | ... eyes, ears, and noses are on the Fed and how it crafts its forward guidance when its 2-day FOMC meeting concludes tomorrow. Yes, it's forward guidance for there is nothing in the stars pointing to a lift-off announcement when tomorrow comes. While a ... |
| | | | Maybe this time. Another day, another crack at that round numbered psychological level (hurdle?) of 6,000 points. The S&P/ASX 200 index has done so repeatedly over the past few weeks only to be pushed back. It tried again yesterday, reached a high of ... |
| | | | "Yes, no, maybe I don't know Can you repeat the question?" - 'Boss of Me' The question - again - is will the Reserve Bank of Australia (RBA) cut interest rates on the first Tuesday of next month? With barely two weeks to go and armed with the latest ... |
| | | | Impressive! Nah Virginia, I refer not to the big bouncy bouncy Wall Street and European equity markets did last night - which almost instantaneously affirmed the rant I scribbled on this space yesterday that "the bad and the bad and the bad" that spooked ... |
| | | | ... before the jobs data was released, while swaps data compiled by Bloomberg has it coming in from 73 per cent to 57 per cent". Yes Virginia, there's now almost an even chance that the RBA will remain away in May as it did in March and April. The A$ gamblers ... |
| | | | The Australian share market has opened lower in the wake of negative offshore leads and lingering disappointment over trade figures out of China. "Offshore leads weren't great. In combination with that, there's a little bit of negativity from the China ... |
| | | | ... expectations, increasing by just 126,000 in March against expectations for a 247,000 addition and the lowest gain since December 2013. Yes Virginia. What hope do we lesser mortals have if even the great minds at the world's biggest central bank couldn't ... |
| | | | Invesco has launched its multi-asset Global Targeted Returns Strategy to the local market. The Fund, which opened on 27 February, targets a gross return of 5% over the Bloomberg AusBond Bank Bill Index (cash +5%) over a rolling, three-year period. Crucially ... |
| | | | It's a hat trick. It's three for three. Three times that the Reserve Bank of Australia (RBA) wrong-footed market expectations. Governor Glenn Stevens cut interest rates by 25 basis points to a record low 2.25% back in February when markets expected ... |
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