Australia also unveiled a massive $26.5 billion second stimulus package that would be aimed at padding the economy from severe recession. The package would…
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The Reserve Bank of Australia slashed its overnight cash rate by 100 basis points to 3.25% as expected by a survey of economists. Since August the bank…
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The Euro lost bullish momentum having rallied decisively against the British Pound in recent months, breaking below rising trend line support that has…
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Australia’s trade surplus declined in December to A$589 million from A$979 the month prior after slowing global demand deteriorated the country’s export…
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There is a considerable amount of scheduled event risk on the economic docket this week – posing a considerable threat to the stability in potential range…
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The Euro Zone Producer Price Index is expected to fall -1.2% in December to bring the annual pace of wholesale inflation to 2.1%, the lowest since August…
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- Australian Dollar Under Pressure Ahead of RBA Rate Decision – Euro Bounces from Technical Support Versus US Dollar, British Pound – British Pound Pummeled…
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The Reserve Bank of Australia is set to cut the nation’s benchmark lending rate to its lowest level since the 1960′s. Can the fundamental pressure force…
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