Blog

ASX200 Keeps an Eye on 5000, as AUD/USD Enjoys 0.72

ASX200 The ASX200 has done well of late to distance itself and move away from the key 5000 level however it remains well within reach. This level continues to loom and is poised to play a role again should the index retreat further. Should the index continues its rally higher then it is likely to …

ASX200 Keeps an Eye on 5000, as AUD/USD Enjoys 0.72 Read More »

RBA’s Lowe: “Probability of Recession is Low”

The probability of recession in Australia is low, but a period of contraction in the economy can’t be ruled out, the Reserve Bank of Australia says. Philip Lowe, deputy governor at the Reserve Bank of Australia, said despite the country’s record of 24 years without recession, predictions of unending expansion would be misplaced. “The probability …

RBA’s Lowe: “Probability of Recession is Low” Read More »