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| | | You oughta be congratulated! Clap, clap, claps are in order for the six sages (out of 26 economists surveyed by Bloomberg) who correctly anticipated the Reserve Bank of Australia's (RBA) verdict to cut interest rates by 25 bps to a historic low 2.25% ... |
| | | | ... like what Bruce Lee termed, "the art of fighting without fighting"... the currency war. And then there's the "Taylor Rule" - yes, it's been a long time between drinks since you've read about this, haven't you? For quick reference, here's Wikipedia's ... |
| | | | The share market continues to rise on anticipation of a rate cut by the Reserve Bank next week. A fall in the Australian dollar under 78 US cents was also good for companies with operations overseas, with the major banks and big resources companies ... |
| | | | ... sunshine on a cloudy day... I guess you'd say What can make me feel this way?" Mario, Mario, Mario Talkin' 'bout Q-E Q-E. Yes Virginia, he did it. Super Mario brought sunshine to the financial markets on this, a cold and cloudy Frankfurt day. He ended ... |
| | | | ... Last night, the Bank of Canada (BOC) came up with its own surprise - it cut its overnight lending rate by 25 bps to 0.75%. Yes, you guessed right, 'twas because of the risk of low inflation because of low oil prices, as printed in the BOC's statement ... |
| | | | The Australian market looks set to open higher, after strong gains on overseas markets overnight and rises in commodity prices. At 0700 AEDT on Thursday, the March share price index futures contract was up 41 points at 5,384. Euro zone stocks have been ... |
| | | | ... rate slightly higher or lower than 7.5 percent is acceptable, as long as our development creates jobs, boosts incomes..." Yes Virginia, last year's lower than target growth rate has PM Li's blessing. A rate of 7.4% still still created jobs -- employment ... |
| | | | Ahh yes, it's the time of the year again folks...the time when the World Bank WEP) releases its crystal ball's read on the year ahead....and despite the myriad of 'Happy New Year' wishes wished upon us when 2014 became 2015, the WB's crystal ball says ... |
| | | | ... breed, but we also experienced the first and second oil price shock in the early 70's and 80's when oil prices soared. Ahh yes, those were the days of global tension and hatred for the OPEC cartel and their oil embargo. The jump in crude prices from ... |
| | | | ... even lower. Oil prices have traded below US$20 before you know. Except for a brief spike to a bit over US$40 in late 1990 (yes, spike), oil fetched between US$9.50 a barrel to US$25 a barrel from 1986 to 1996 and didn't reached the levels they've recently ... |
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