Higher metal prices and interest rates drove the run in commodity currencies, but with this process now reversing, Standard Chartered expects these currencies to remain under pressure.
With over 100 companies reporting, this last week of reporting is also the busiest. Elsewhere, European data will be closely watched.
Anger is building in the land of the free market and the home of the no longer brave, as non-disclosure and deception accusations fly around the mortgage twins.
Weekly musings by your editor. There is a story unfolding behind the savage sell-off in gold. And it is a positive one.
Reporting season heats up this week, with BHP, Qantas and IAG releasing results; to name just a few.
There’s no point in dreamin’. California is broke, the budget is frozen, and the Governator must be wondering whether he’ll be back…for another term.
Weekly musings by your editor. It’s the time of many new beginnings: a correction for commodities, a global economic slowdown, falling interest rates and… prospects for better times ahead?
The US dollar has shocked the world with a dramatic bounce. Could China have something to do with it?
As reporting season begins to speed up, where will company profits take us post RBA economic policy statement?
TD Waterhouse sees a flood of rate cuts in both New Zealand and Australia in the year ahead.