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  • Article / 6 hours ago

    3 Numbers: Another solid gain in US jobs likely, leaving Fed confused

    Blogger / MoreLiver's Daily
    3 Numbers: Another solid gain in US jobs likely, leaving Fed confused
    One key release will liven up an otherwise slow day for news and data today – the US nonfarm payrolls figure. Another solid 200,000 gain is expected, but the weak ADP report raises some doubt. Meanwhile US consumer credit growth probably kept slowing down in March, which raises concerns about the US recovery. In forex markets, it looks like the EURUSD spike was just a yen-induced anomaly, and we're now back to range trading.
    Read the article
  • 6h
    Patto Patto
    Good call on the Aussie Max..........but how low do you think it can go ?
    Max McKegg Max McKegg
    Patto - Looking for test of my Target (take profit) area .7280/.7250
  • Editor’s Picks / 8 hours ago

    Reserve Bank of Australia cuts core inflation forecast

    Australia’s central bank forecast core inflation is unlikely to reach the bottom of its target this year and will probably only do so in the ensuing two years as the developed world’s disinflation quandary spreads. Three-year bond yields plunged to a record. The Reserve Bank, in its quarterly statement on Friday, said underlying inflation is expected to be 1% to 2% in 2016, down from the 2% to 3% it forecast in February. It left estimated economic growth at 2.5% to 3.5% this year and next and predicted unemployment will remain around the current 5.7%. It gave no guidance on the interest-rate outlook after cutting its benchmark to a fresh record 1.75% on Tuesday.
    Read article on Bloomberg
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  • 12h
    johnnyw johnnyw
    the cheap goods from china benefit the consumers. amazing that this could be seen as unwelcome (putting up tariffs etc). Countries that are importing the cheap steal...
    Stephen Pope Stephen Pope
    Dear Johnny,

    I am all favour of low prices. However, there is a workd of difference between genuine low prices because of efficient production techniques and low...
    Marcus Antonius Marcus Antonius
    I'd like to add that developed countries consider approaches such as using existing resources more effectively -- actually, these are the most successful and hyped "innovations" of...
  • 19h
    seas seas
    If I were a conspiracy nut, which I'm not, I would say that in order to keep Trump out of the White House, we have to make...
  • 19h
    seas seas
    Makes a lot of sense Steen. Exciting times really- not necessarily is a good way, but interesting none the less.
    seas seas
    Could be a recipe for a bounce and quick reversal. AUD is telling today too.