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| | | Quantitative easing. Negative interest rates. Quantitative and Qualitative easing with a negative interest rate. All of the above plus promises of more. The European Central Bank (ECB) and the Bank of Japan's (BOJ) big bazookas proved no match for US ... |
| | | | Australia private sector credit The A$ has weakened slightly after climbing to a nine-month high of US$0.7723 overnight. But at the latest exchange of US$0.7667, it remains 5.0% higher than its level at the start of 2016 and 11.7% up from this year's ... |
| | | | At the time of this writing, the A$ is fetching around US$0.7350 - after appreciating from US$0.7175 to US$0.7295 after the National Statistician released the Australian economy's scorecard that showed much higher growth than expected in the last quarter ... |
| | | | This is the picture of Australia painted by the latest Westpac-Melbourne Institute leading index of economic activity. The headline index fell to a reading of 97.13 in January from 97.17 in the previous month. This is the index's lowest level on record ... |
| | | | The drop (big time) in US durable goods orders - a leading indicator of business investment -- in December is raising doubts over the durability of the economy's expansion. To be sure, most economists were already expecting orders to take a hit after ... |
| | | | "One concern was that such a delay, if the reasons were not well understood by market participants, could increase uncertainty in financial markets and unduly magnify the perceived importance of the beginning of the policy normalization process." This ... |
| | | | Oh-em-gee! The R-word is back! I could almost hear my next door neighbour saying "I told you so" with the attendant knowing smirk and a wagging finger. Yes Virginia, a recession is again looming for Australia brought to us by the Sydney Morning Herald's ... |
| | | | Whoa! If this is an indication of things to come, then you can forget a lift-off in September, or in December... perhaps, forget all about it for all of next year. Yes Virginia, I refer to the drop in the Empire State Manufacturing Index. And girl ... |
| | | | "They see what they want to see, hear what they want to hear and think what they want to think." This saying was on full display over the past 24 hours, Virginia... just look at the headlines. Yes, of course, I'm scribbling about the talk of the town ... |
| | | | The Australian market looks set to fall after a weak session on Wall Street due to disappointment with earnings reports from the likes of Apple and Microsoft. At 0700 AEST on Thursday, the September share price index futures contract was down two points ... |
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