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RBA Not Expected to Move Yet after Inflation Data

The dollar jumped and any lingering chance of a Reserve Bank of Australia official rate cut next week was all but wiped out in financial market betting after December quarter headline inflation came in slightly above expectations. Consumer prices rose 0.4 per cent from the September quarter and 1.7 per cent from a year earlier, …

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Live TV Appearance On Sky Business – talking ASX200 Index and AUD/USD

Today I was interviewed again by Carson Scott on Trading Day, Sky Business channel on the Australian market, specifically the ASX200 index, AUD/USD, RBA and Fed plans, ECB, and China’s woes.   Specifically I was asked about the surge higher today in teh ASX200 index and whether I thought it could be sustained. We talked …

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Fitch: Australian Banks are Well Positioned for 2016

Australia’s banks are well positioned despite global market turmoil and concerns over the Chinese economy but profit growth is set to slow in 2016, according to a leading ratings agency. Fitch Ratings expects increased funding costs, pressure on cost management and a modest increase in loan impairment charges to put a lid on profit growth. …

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