Month: August 2018

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  Australian PM Turnbull press conference - has not resigned

  Will hold a party meeting tomorrow (Friday 24 August 2018) 0200GMT With some caveats! - Wants official advice on Dutton's eligibility for parliament - will[...]
  2018-08-23 07:27:07

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  ForexLive Asia FX news wrap: USD up, AUD a big loser (or was it?)

  Forex and Bitcoin news for Asia trading Thursday 23 August 2018 Australia, as the day unfolded (read from the bottom up … we are down[...]
  2018-08-23 07:27:07

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  China says it will continue to fight back against US as latest round of tariffs come into effect

  The latest round of $16 billion worth of tariffs are now officially in effect - China resolutely opposes latest US tariffs - Will file complaint[...]
  2018-08-23 07:27:07

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  Economic data coming up in the European session

  It's PMI day in European trading 0645 GMT - France August business and manufacturing confidence General gauges of sentiment towards the French economy. Minor data[...]
  2018-08-23 07:27:07

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  ANZ 90% indicator of slowing Australia growth … uh-oh

  ANZ citing indications from its measure of state economic growth ANZ Stateometer shows the four largest states decelerated - the four states represent nearly 90% of[...]
  2018-08-23 06:23:09

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  Australia's finance minister has tendered his resignation

  Cormann says he also advised PM Turnbull did not have party support Cormann is addressing media at present (beats doing his real job, right?)  -[...]
  2018-08-23 06:23:09

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  RBC on the RBA - extends timing for Bank to stay on hold

  RBC update their view on the Reserve Bank of Australia  - Push back timing of expected rate hike to Q4 of 2019 - RBC then[...]
  2018-08-23 06:23:09

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  Australia bans China's Huawei from participating in mobile network infrastructure build

  Announcement from the Chinese telco Not much further on this.  ForexLive
  2018-08-23 06:23:09

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  AUD falling further, range still not large (yet?)

  The Australian dollar initially fell alongside a rising USD a few minutes ago but has since dropped a little further Its down around 25 points[...]
  2018-08-23 06:23:09

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  What will be the repercussions from China on this decision in Australia?

  The AUD is on the slide, being attributed to the political turmoil in Canberra But, what about this? Oz government citing security concerns.  I can't[...]
  2018-08-23 06:23:09

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