Words from the RBA’s Governor Lowe send the Aussie dollar spiralling downward yesterday, with investors wondering whether the next move will be up or down. Phil Dobbie asked NAB’s Tapas Strickland what it would take for the RBA to consider a cut. The Canadian dollar also took a bit on the back of words from the central bank, whilst the Bank of England announce their rate decision today. There’s been little response from President Trump’s State of the Union Address or on Brexit, with another US government shutdown and another UK government vote looming.
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NZ GDP, Aussie employment both punch the lights out, but currencies fall
NZ GDP and Aussie employment numbers both punched the lights oujt yesterday. But, as NAB’s David de Garis explains, any currency response was short lived,. As the US dollar climbs higher o the back of the FOMC’s hawkish outlook for the US yesterday.
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Why Steve Keen is voting Liberal in the Aussie election
Why is a progressive economist voting for a conservative government? Is it the right reason? Listen and decide.
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The Wireless Winners
The latest from the Mobile Congress in Melbourne, plus news on how carriers are preparing to cope with increased demand for bandwidth and speed.
