Retail Sales are up 7% beating market expectations.
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Turks Dump Lira and Flood to Gold
Turks dump the Lira and Flood to Gold.
#Finances #AUD #HeiseSays The argument is being made that the RBA hoping a fall in the Australian Dollar will increase employment and wages, I am concerned that increases in the cost of living will have a greater impact on average Australians. References Will a lower dollar bail out the economy, raise wages and lower unemployment? […]
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ASIC to Ban CFDs
#Investing #ASCI #CFD The Australian Security and Investment Commission is looking at potentially banning OTC and CFD financial products to protect clients. An appropriate move to protect consumers or another restriction on our freedoms? Reference Asic to ban or restrict investment products which lose customers $2bn a yearhttps://www.theguardian.com/australia-news/2019/aug/22/asic-to-ban-or-restrict-investment-products-which-lose-customers-2bn-a-year Product intervention: OTC binary options and CFDs […]