Day: August 8, 2018

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  RBA leaves cash rate unchanged at 1.50%

  The Reserve Bank of Australia announces its monetary policy decision - 7 August 2018 - decision 1.50% - Low rates are supporting the economy -[...]
  2018-08-08 22:09:07

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  RBA attempts to mix things up by tweaking inflation outlook

  A slightly dovish tweak to the 2018 inflation outlook In the interim, once-off declines in some administered prices in the September quarter are expected to[...]
  2018-08-08 22:09:07

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  PBOC adviser says China should improve targeted RRR cuts

  Comments by a PBOC policy adviser via Reuters - Should also improve the MPA mechanism - Should use policy interest rate to replace bank lending[...]
  2018-08-08 22:09:07

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  No reprieve for sterling as slide continues

  GBP/USD falls to a low of 1.2860 while EUR/GBP touches a high of 0.9017 ForexLive Down under 1.2900 for cable and the slippery slope continues.[...]
  2018-08-08 19:29:10

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  US MBA mortgage applications w.e. 3 August -3.0% vs -2.6% prior

  Latest data from the Mortgage Bankers Association for the week ending 8 August - Purchase index 233.1 vs 237.9 prior - Market index 342.5 vs[...]
  2018-08-08 19:29:10

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  Italy's Di Maio says country is to live within EU budget restrictions

  Comments by Italy's deputy PM Luigi Di Maio - But says that EU budget restrictions must be improved ForexLive When Di Maio's Five Star Movement[...]
  2018-08-08 19:29:10

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  ForexLive European FX news wrap: Pound-ed to the bottom of the pile

  Forex news from the European trading session - 8 August 2018 Headlines: Markets: - JPY leads, GBP lags behind - European equities mixed mostly higher[...]
  2018-08-08 19:29:10

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  Iran may ask for extraordinary OPEC meeting, says oil minister

  Iran's oil minister Zangeneh has sent a letter of complaint to OPEC ForexLive
  2018-08-08 19:29:10

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  China retaliatory tariffs on $16 billion US goods to begin on 23 August

  China's commerce ministry responding to the US tariffs announced earlier here ForexLive They add that the decision by the US to impose the $16 billion[...]
  2018-08-08 19:29:10

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  A few things on the North American economic calendar today

  Not busy but not bare Planned economic news and data isn't going to be the main driver today in what's been lively trading in Europe[...]
  2018-08-08 19:29:10

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