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FxWirePro: Apprehensive Aussie Ahead of RBA – AUD Trading & Hedging Strategies

Feb 03, 2020 11:40 am UTC| Research & Analysis Central Banks

The AUD, as a proxy for global risk sentiment, will continue to be buffeted by coronavirus concerns. For Aussie,this week, the major data event has been RBA monetary policy in addition to Aussie trade balance and US...

FxWirePro: Vols & Risk Reversals Perspectives for AUD Ahead of RBA

Feb 03, 2020 11:07 am UTC| Research & Analysis Central Banks

Fed likely to maintain dovish stance by end-2020, prop up EM Asian currencies: Scotiabank

Feb 03, 2020 07:09 am UTC| Commentary Central Banks Economy

The Federal Reserve is expected to maintain its dovish stance with the Fed Funds Futures market almost fully pricing in two 25 bp rate cuts by end2020. It will finally prop up EM Asian currencies as the 2019-nCoV outbreak...

RBA likely to downgrade growth forecast but hold cash rate until further information, says ANZ Research

Jan 31, 2020 09:58 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia (RBA) is expected to wait for more information before moving further on monetary policy, which is similar to the approach it took in May and August of last year, but will likely lower its...

FxWirePro: Bearish/Bullish Driving Forces, Projections Of AUD/USD, OTC Updates And Hedging Strategies Ahead Of RBA

Jan 31, 2020 09:54 am UTC| Research & Analysis Central Banks

Bearish AUDUSD scenarios below 0.64 if: 1) the RBA cuts rates more quickly than we expect; 2) Fed rate cuts prove insufficient to stabilize the US economy raising risk of recession; 3) the trade conflict between...

Digital Currency Revolution

Spotlight On Trend Of Central Bank Digital Currency

Jan 31, 2020 07:05 am UTC| Research & Analysis Digital Currency Central Banks Commentary

The renowned central banks and sovereign governments around the world have been sensing the essence and the opportunities of CBDC (Central Bank Digital Currency) foreseeing a swift transformation phase in the prevailing...

Bank of England keeps interest rate on hold at 0.75 pct

Jan 30, 2020 13:50 pm UTC| Commentary Central Banks

The Bank of England kept the Bank Rate on hold today at 0.75 percent, while two MPC members voted in favour of a rate cut. The rate guidance suggests downside risk to the Bank rate short term, noted DNB Markets in a...

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Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

Tesla's ‘Cybercab’ Robotaxi Interior Leaked in New Promotional Video

Tesla may have unintentionally leaked the interior of its highly anticipated Cybercab Robotaxi in a recent promotional video, sparking excitement and speculation. Teslas Robotaxi Vision Unveiled Over the past few...

Tron Founder Justin Sun's $2.5 Billion Ethereum Stash Sparks Investor Interest

Tron founder Justin Suns $2.5 billion Ethereum investment is stirring significant market interest, highlighting his confidence in the cryptocurrencys future. Justin Suns Ethereum Holdings Explained Tron founder...

Ethereum Price Target Reaches $4,000; Altcoins Gain 20% Amid Market Rally

Ethereums price target has climbed to $4,000, reflecting market momentum. Meanwhile, altcoins have gained 20%, contributing to the market rally. SEC Decision Could Propel Ethereum Price Beyond $4,000 On Monday, the...

Shibarium BONE Token Set for Potential Binance Listing, Price Up by 5%

Binances recent request for project proposals has ignited the Shiba Inu community, fueling a 5% surge in BONE token price amid speculation of a potential listing. Binances New Strategy Supports Small-to-Medium...

Wendy’s Launches $3 Breakfast Deal as McDonald’s Tests Limited $5 Value Meal in June

Wendys will offer a $3 breakfast deal starting May 20, while McDonalds plans a $5 value meal for June, reflecting a strategic push to attract budget-conscious consumers amid high inflation. Wendys $3 Breakfast Deal...