Investment Management
Investors have gone from betting on a rate increase from the European Central Bank to a cut in just a matter of months Money-market traders are now pricing in a 10-basis point reduction in the benchmark deposit rate by July next year, a far cry from expectations for an increase seen at the […]
The market expects the RBA to cut interest rates at its 4 June meeting, the first time since 2016. In the mining industry, labor productivity has swung from 4.6% growth in fiscal 2016 to a 0.4% decline within just two years The Reserve Bank of Australia said an interest-rate cut would likely be […]
Bloomberg reports Italy could be the only euro nation above the 3 percent deficit level in 2020 • The nation’s structural deficit, which excludes one-time expenditures and cyclical effects and is a key figure for EU budget rules, is forecast to worsen by 0.2 percentage point in 2019 and 1.2 points next year, when […]
Australian Prime Minister Scott Morrison’s election victory is the biggest come-from-behind win in a generation after he successfully urged voters not to risk a change of government amid a slowing economy] Prime Minister Scott Morrison’s center-right government will command a parliamentary majority, the Australian Broadcasting Corp. projected Monday, fueling a stock market rally. […]
Australian central bank chief Philip Lowe kept his head below the parapet by keeping interest rates unchanged less than two weeks out from an election, saying lower unemployment is needed to drive faster inflation Lowe left the cash rate at 1.5 percent — where it has stood since he took the helm in […]
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