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We got RBA policy meeting minutes earlier, where slow wage growth was again mentioned: Wages expected to pick up gradually as leading indicators pointed to more job gains Still uncertainties remain on extent, speed of pick-up in wages and inflation Tomorrow, Wednesday 15 May 2018 Australian time, due at 0130GMT   Preview, via Westpac: There
ArticleBody Just a couple of early bank notes crossing, some comments on hwat is ahead for the ozznAustralian dollar   Via CBA: AUD/USD will likely remain firm this week supported by encouraging Chinese economic activity (Tuesday) and favourable Australian employment conditions (Thursday) for April. Risk to AUD/USD are skewed to the downside because of the
Mexico said to start selling its oil Mexico is probably the world largest user of futures for the purpose of hedging. Each year, officials at Mexico’s Minister of Finance sell billions of dollars worth of oil futures contracts in order to lock in oil prices. It’s done over months and it works better if they maintain
Comments from Canada’s Foreign Minister She adds: NAFTA deal will take as long as it takes NAFTA talks show goodwill on all sides Three nations have made a lot of progress since Monday We are definitely getting closer to the final objective The USDCAD has moved lower today (CAD strengthened), and in the process has
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Picture this: It’s Wednesday morning and you’re on your way to work in Indiana then out of nowhere the doors on an armored truck fly open and bags of cash start flying out. The driver of the truck, evidently, doesn’t even notice until another driver flags him down. What do you do? If you’re like