Discussing the Bitcoin halving and the current state of the market with Adrian Prezelony of Independent Reserve.
Tag: Trading
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RBA Cash Rate Cut
Will the reserve bank cut the cash rate tomorrow?
The Share Market continues to crash.
People are losing their homes and getting into significant debt from small business lenders.
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Theft from Perth Bullion Company
#PerthBullion #Gold #Silver #HeiseSays Thefts have been discovered from Perth Bullion References
#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
#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
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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 […]
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Dominoes’ Closes 22 Franchisees
#DominoesPizza #DMP #ASX Dominoes’ Pizza has taken over 22 Franchisees stores with their overall profit down 4.6%. A sign of the retail recession or simply the challenges of the Franchise business model? References Domino’s cuts 22 ‘underperforming franchisees’: Profit down 4.6% to $116m https://www.news.com.au/finance/business/retail/dominos-cuts-22-underperforming-franchisees-profit-down-46-to-116m/news-story/ecf4db98a9a84312f267cd757123933b
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Negative Interest Rates
#NegativeInterestRates #Recession #Australia The prospect of Deeply Negative Interest Rates is becoming a reality with a highly cashless society. Let’s re-look at a recent IMF blog post about this issue to help raise awareness of every Monetarist dream. References Currency (Restrictions on the Use of Cash) Bill 2019 https://www.treasury.gov.au/consultation/c2019-t395788 SIT Black Money Report: Here are […]