Search Results for: US economy
New Chinese coal import tax causes disaster for Australian miners
October 14th, 2014
China’s bombshell decision to impose tariffs on coal imports could prove to be the tipping point for Australian miners already struggling to stay afloat. The move by the economic powerhouse to introduce the new duty of between 3% and ...
Australia 200 – Falls to Eight Month Low at 5120
October 13th, 2014
Australia 200 for Monday, October 13, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
More pressure for Australian dollar after rollercoaster 24 hours
October 10th, 2014
The Australian dollar came under renewed pressure on Friday after a relatively stable week during which it settled into a new comfort zone between US86.50¢ and US88.50¢. Late in the local session, the Aussie was trading at US87.71¢, compared ...
Wilbur Ross on Bank of Cyprus – VIDEO
October 9th, 2014
Mario Draghi, the president of the European Central Bank, has faced criticism on several fronts in recent weeks: for being too bold with the bank’s policies, or not being bold enough. Yet he has support from one quarter—well-known investor ...
Prolonged German downturn could prompt stimulus rethink
October 8th, 2014
The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc’s pillar of strength. But a bout of German weakness may be precisely what is required to convince ...
Australia 200 – Trying to Rally Up From 5200
October 8th, 2014
Australia 200 for Wednesday, October 8, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Rift opens among Eurozone leaders over Germany’s insistence on austerity
October 8th, 2014
With new signs of economic trouble emerging, what has been a guiding European economic principle for several years is facing open revolt. As Europe confronts new signs of economic trouble, national leaders, policy makers and economists are starting to ...
Will there be a China–US deal on climate change?
October 8th, 2014
For many years China and the United States have faced off over climate change. Now, climate change action is one of the few things the two powers can agree on. A new view on the benefits of climate action ...
Australia 200 – Drops Sharply to Eight Month Low Below 5200
October 7th, 2014
Australia 200 for Tuesday, October 7, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
German industry production slumps as fears mount
October 7th, 2014
German industrial production contracted 4 per cent in August, the biggest decline in over five years and much worse than expected – fuelling fears that even the eurozone’s economic powerhouse is now flirting with a recession. Germany’s economy unexpectedly ...
