Australia elections

The Australian dollar gapped higher at the open last night in response to news that the Liberal – National collation held onto power in the country’s elections over the weekend. The center-right government, led by Scott Morrison, had… Read More

Tomorrow, Australians are heading to the polls for the federal elections. The elections will determine their legislature and new Prime Minister. Elections usually generate some market volatility as investors digest the change in… Read More

With the government's budget announced last Tuesday, the next political event for Australia is the impending federal elections for the Senate and House of Representatives. Australia has a somewhat complicated electoral process. And,… Read More

Australia’s federal elections over the weekend saw no major party taking a lead with counting set to resume on Tuesday. In the UK, construction PMI fell sharply in June, plunging to a 7-year low. Eurozone PPI edges higher in May. US markets… Read More

The British pound lost another 3.30% over the week, marking the second week of declines. The week before, the pound was down by over 4%. The markets remained mixed with a modest risk on rally. The Kiwi gained 0.72% as a result while the… Read More