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| | | 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 ... |
| | | | The Reserve Bank's two-pronged monetary easing measures look to have come to an end but our central bankers will remain watchful of the currency, according to Goldman Sachs Asset Management executive director and global fixed income portfolio manager ... |
| | | | The "rule of three" states that, "things that come in threes are inherently funnier, more satisfying, or more effective than other numbers of things". (Wikipedia) The People's Bank of China (PBOC) must be a believer for yesterday it went for a devaluation ... |
| | | | Look ma, China's central bank must have read the piece I've written yesterday morning calling their 1.9% devaluation a mere speck. The People's Bank of China (PBOC) topped it up with another devaluation of 1.6% by the afternoon for a grand total of ... |
| | | | It didn't happen overnight, but it happened... yesterday. That thing I mused about exactly five months ago -12 March 2015 - China devalued its currency. (http://www.financialstandard.com.au/news/view/48312386) "It is perhaps still too early for QE ... |
| | | | Magellan Financial Group reported a 110% increase in net profit for the year to 30 June 2015 mainly thanks to double digit returns in all of its funds. "The largest contributor to funds under management during the past was actually investment performance. ... |
| | | | Roll out the barrel, roll out the barrel of fun... for it's gonna be a good day, gonna be a good, good day for Australian equities. Well, at least at the open with the SPI futures trading up 36 points. Yes, at the open, for we've been here many, many ... |
| | | | Super Thursday. This is the term coined for the Bank of England's (BOE) data dump - announcing the monetary policy committee's (MPC) decision on interest rates, the MPC meeting minutes that led to the decision and the quarterly inflation report all ... |
| | | | The Australian market looks set to open lower after US stocks fell for a third straight session as disappointing earnings from Caterpillar, American Express and others overshadowed some stronger reports. At 0815 AEST on Friday, the September share price ... |
| | | | Well they tried, and they tried, and they tried, but it seems that there's just no bringing back gold's shine. Gold was hit for six - that is, prices dropped for a sixth consecutive day overnight - down to a low of US$1,088.05 per ounce (the lowest ... |
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