• RBA Cuts Rates To New Record Lows

    RBA Cuts Rates Further The Reserve Bank of Australia lowered its headline interest rate by a further 25 basis points overnight. The official cash rate in Australia now stands at a record low of .050%. The reduction was well signalled and follows recent comments from governor Lowe explaining the likely need for further monetary easing. […]

  • Daily Market Outlook, September 11, 2019

    Main Market Themes Overall contained moves in global financial markets overnight amid global recession fear following weak China price data and jitters ahead of ECB policy announcement where new a new stimulus package is expected. Major global stock indices closed mainly flat while the global bond markets saw broad-based selloffs.  The 30Y German bund yields […]

  • Oil prices retreat after sharp selloff, greenback is under pressure ahead of NFP

    US Oil has dropped below $45 at its lowest point since May 11.