Dollar climbs to 2-week high vs. A$ as Australian inflation misses forecast, RBNZ looms
The New Zealand dollar rose to a two-week high against its trans-Tasman counterpart after Australian inflation came in below expectations, leaving the Reserve Bank of Australia with room to keep interest rates on hold, while the local central bank prepares to hike rates tomorrow.
Trending on the Topix Network
Tue Apr 22, 2014
Bullish AUD/USD Momentum Wanes Ahead of 1Q CPI- Lower High in Place?
A further pick up in Australia's Consumer Price Index may foster a near-term rally in the AUD/USD as it puts increased pressure on the Reserve Bank of Australia to normalize monetary sooner rather than later.
Mon Apr 21, 2014
Government's frustration on RBA stance 'risks central bank's independence'
The Abbott government risks undermining the integrity of the Reserve Bank of Australia in conveying its frustration with the RBA's shift to a neutral policy stance that has fuelled a higher value Australian dollar and made charting a course for fiscal policy more difficult.
Thu Apr 17, 2014
The Jersey Journal
Judge dismisses some claims against former MF Global chairman Jon Corzine, directors
MF Global Holdings' independent directors won dismissal of some claims, including fraud and violations of New York business law, in a lawsuit brought by a customer of the defunct brokerage company.
Tue Apr 15, 2014
Forex - AUD eases after RBA April board minutes released
Investing.com - THe Australian dollar eased after the release of Reserve Bank of Australia board meeting minutes for April on Tuesday that signalled appropriate monetary policy settings for current economic conditions and a slightly upgraded view of the jobs market.
RBA Repeats Steady Cash Rate Likely as Domestic Demand Boosted
Australia 's central bank reiterated the most prudent course is likely to be a period of steady interest rates as it noted low borrowing costs are helping boost domestic growth.
RBA outlook boosts local shares
Stocks rallied on signs the world's biggest economy is growing and confirmation from the Reserve Bank of Australia that interest rates are set to remain steady.
Mon Apr 14, 2014
Australia bond market to take business from banks-RBA
Australia's bond market is likely to take more lending business away from banks as tighter banking regulations make market-based finance relatively cheaper, a top central banker said on Tuesday.
Sydney Morning Herald
need2know: Positive lead from Wall St
Australia: Reserve Bank of Australia board minutes; speech by RBA assistant governor Guy Debelle on the Australian bond market to The Economic Society of Australia luncheon in Canberra.
Sun Apr 13, 2014
Why your money is wasted in cash
ONE in three Australian women doesn't have a single cent in superannuation, leaving themselves with nothing to retire on.
Sat Apr 12, 2014
Finance officials confident of global growth
From left, Turkish Bank Gov. Erdem Basci, Australian Treasurer Joe Hockey, and Reserve Bank of Australia Gov. Glenn Stevens sit during the G-20 finance ministers and central bank governors group photo on the sidelines of their meeting at World Bank Group-International Monetary Fund Spring Meetings in Washington, Friday, April 11, 2014.
Wed Apr 09, 2014
The New Zealand Herald
Inside Money: Why technology hasn't made finance cheaper yet
With over 200 submissions already to sift through, the Australian Financial Services Inquiry panel members have a few months of heavy reading ahead of them.
Tue Apr 08, 2014
Sydney Morning Herald
Next target US95A as dollar extends rally
The Australian dollar has extended gains against its US counterpart and has raised bets that it will climb above US95 in the coming weeks as data supports the view that the domestic economy is rebalancing away from non-mining sector led growth under the help of record low interest rates.
Mon Apr 07, 2014
Jobless rate tipped to hit 6.1%
The unemployment rate is expected to have hit a near 11 year high in March, but there are signs the employment market is starting to improve.
MF Global To Make Final Restitution Payments
MF GLOBAL TO MAKE FINAL RESTITUTION PAYMENTS Apr. 7, 2014 Agri-Pulse reports: The trustee for MF Global announced that the company will begin making final distributions to its customers to restore lost funds of over $1 billion sustained by customers of MF Global when the company failed in 2011, according to the Commodity Futures Trading Commission ... (more)
Thu Apr 03, 2014
Trustee: MF Global customers to be fully paid back
Some of the most iconic artifacts of aviation and space history are getting an updated display for the 21st century, with the Apollo moon landing as the centerpiece.
WNYC-AM New York
MF Global Clients Get Their Money Back
Almost two and a half years after they learned their brokerage accounts had been emptied, customers of a defunct financial services firm are recouping all the money they are owed.
MF Global customers to recoup $6.7 billion as final payout starts
Former customers of MF Global Holdings Ltd's bankrupt brokerage will recoup all $6.7 billion they are owed following the completion of a payout that will begin on Friday, its trustee said.
Trustee: MF Global Customers to Be Fully Paid Back
The trustee overseeing the bankruptcy of MF Global says its customers are going to get paid back 100 percent of what they are owed by the boutique brokerage.
Australia shares post slim gains on miners, Wall St record
Australian shares posted slender gains on Thursday morning, supported by the S&P 500 index closing at yet another record high and an uptick in resource stocks on the back of rising metals prices.