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| | | It's a hat trick! Three central bank meetings, all three cut interest rates, all three policy decisions a surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 50 bps to a new record low of 1% at its August meeting. This ... |
| | | | ... the yuan from depreciating but now that it has allowed market forces to discover the currency's true value. As The Economist explains: "The IMF, which monitors countries' external imbalances, recently concluded that China's external position ... |
| | | | "If your opponent is temperamental, seek to irritate him." - Sun Tzu, The Art of War China's just implemented one of its greatest son's prescriptions and, for sure and for certain, it's gonna irritate Trump. Financial markets were shell-shocked ... |
| | | | ... trading partners. Central banks are now easing or maintaining ultra-loose monetary policies in response. But as The Economist printed (in its discussion of the Fed's interest rate cut): "A further cut would not be universally welcome. Catherine Mann ... |
| | | | ... years of experience as a sell-side equity analyst and joined AXA Framlington in November, He began his career as an economist at Williams and Glynn (now RBS). In June last year, the chief quantitative strategist for AXA Investment Managers' Rosenberg ... |
| | | | ... passed the $1 million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that in 2017-2018 the average household wealth was $1.02 million. In 2005-2006 it was just under $749,000. ... |
| | | | ... Italy, Ireland, Singapore, Malaysia, and Vietnam. Whether it's because of currency manipulation or what not, The Economist 's latest estimates of currency over/undervaluation versus the US dollar - based on its Big Mac index - show that POTUS ... |
| | | | With a buoyant stock market, tax cuts, lower interest rates and a recovering housing market, one would think all Australians should have every reason to dance on the streets. Australians, all, should be dancing on the streets to Jimmy Cliff's classic ... |
| | | | With business conditions and confidence like it is, the Reserve Bank of Australia (RBA)'s full employment target just got a little harder to meet. Recall that in his speech at the RBA board dinner with the business community on June 4 - the night ... |
| | | | If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near ... |
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