Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Edges Higher: The Aussie Dollar has inched higher over the past week, surpassing 0.7000 vs. the Greenback for the second or third time since early June. …
Market Update – 14th July 2020 – AUD In Holding Pattern Since June, Stocks Performing Well
Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Stable: Despite fresh lock-downs across Victoria and caution across other states, the AUD has remained reasonably stable throughout. For the better part of a month and …
Market Update – 8th July 2020 – Equities & AUD Slide As Victoria Enters A Second Lockdown
Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. Good morning all. I’ve been a little slack and irregular of late with my morning reports, managing to get maybe one or two out per week recently. …
7th July 2020: RBA Announcement Cash Rate – held at 0.25%
Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
Market Update – 30th June 2020 – FY2020 To Close With An Equities Rebound & Powell
Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Holds Ground: The AUD has spent the last four weeks consolidating following a rally that could only be called epic, between late March and the end …
Market Update – 19th June 2020 – Equities & AUD Steady Amid New Covid19 Outbreak In Beijing
Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD & Equities: The Aussie Dollar and Equities have shown a degree of resilience over the past few days which I wasn’t expecting. A fresh outbreak of …
Market Update – 16th June 2020 – AUD Holds Grounds As Equities Bounce Back, Nuclear Is Having A Renaissance
Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD Consolidating: The AUD has held its ground around 0.69 vs. the Greenback and has done similar across the board maintaining 0.54 vs the GBP and 0.60 …
Market Update – 9th June 2020 – The Equity Rally Has Continued To Roll On, And So Has The AUD
Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. The rally rolls on: Equities surged again Friday night in the U.S with the tech heavy NASDAQ in fact erasing Covid19 losses and hitting fresh all time …
2nd June 2020: RBA Announcement Cash Rate – held at 0.25%
Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
Market Update – 2nd June 2020 – AUD Surges As Protests Erupt Across America
Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only. AUD moves higher with stocks: U.S and European stocks mostly gained overnight, while the AUD continued its march higher gaining around 1% over the past 24 hours …