Categories
Political Commentary

China’s Slowdown Crashing Copper

China’s Manufacturing slowing is crashing the price of copper and let’s look at the potential implications.

Categories
Economy Recession

Aussie Dollar Hits Decade Low

#RBA #CashRate #Australia #HeiseSays The Australian Dollar has dropped to a decade low. References Dollar hits decade low after RBA cuts rate to 0.75pc to head off rising unemployment https://www.abc.net.au/news/2019-10-01/rba-cuts-rate-to-new-low-of-0.75pc/11562908?section=business https://tradingeconomics.com/australia/currency

Categories
Economy Recession

The RBA Cut Rates to 0.75%

#RBA #CashRate #Australia #HeiseSays The Reserve Bank of Australia has cut the cash rate to a record low of 0.75%. Will the confidence hit to the market outweigh any benefit? References Statement by Philip Lowe, Governor: Monetary Policy Decision https://www.rba.gov.au/media-releases/2019/mr-19-27.html