Finance News

Implications Of The Britain Vote To Leave The EU, What It Means For Markets, The Pound Falls Up To 10% Against Major Currencies.

24 June 2016
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Note at the time of writing the result of the UK Referendum has not yet been formally called. The facts,as discussed on 3AW yesterday with Tom Elliott the effect of the Brexit vote: The pound is down between 8% and 10% on all major currencies. Our share market in Australia is down more than 3% but still…

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A Tough January For Global Markets – All Positive From Here

30 January 2016
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The market has had its worst start to a year since 2008. Local shares have slumped 5% per cent in January, with weakness from China (which has lost a quarter of its value this month) acting as a catalyst for local losses. Australia sells a third of its goods and services to China each year.…

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Have The Miners Bounced From Rock Bottom, Telstra Questioned Over Charges, US Rates Lower For Longer

11 October 2015
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What a week for the miners last week, BHP and Rio up over 10% and Fortescue up over 20%. And whilst we know they have been certainly on the nose as a sector – so is there share price growth sustainable? and with the growth coming in the gold and copper sector – the miners…

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