Aussie

The latest number of new COVID cases detected in the state of Victoria have returned to a fraction of what they were at the peak. However, expectations indicate that lockdowns in the state that contributes most to Australia's economy…

Last Week’s Highlights UK Economy Contracts the Most Since 1955 The latest statistics from the United Kingdom showed that the gross domestic product fell at the fastest pace since 1955 in the second quarter of this year. Data from the…

Dollar Takes a Step Back After Recent Optimism The US Index saw a slight progression as the weekly unemployment claims dropped below one million for the first time since March. However, this could not prevent the US index from closing…

Rates Remain At Record Lows At its July meeting this week, the Reserve Bank of Australia refrained from adjusting its monetary policy. This was in line with broad market expectations. Rates now remain at record lows of 0.25%. The RBA…

There isn't a significant expectation of a major change in policy after the RBA's meeting, which concludes tomorrow. However, we still should approach the event - especially the policy statement - with a certain amount of caution. A lot…

There's been quite a bit of talk in the media of late about increasing cases in Australia, which has gotten many worried the county will return to lockdowns. It led to the suspension of flights between Melbourne and Auckland in the…