Australia Dollar well above expectation
The Australian Dollar is performing well on the news of banks being prepared for stress tests by increases in the cash reserve requirements. Westpac was the first to jump the gun increasing borrowing rates by 20 basis points and deposit rates by 25 basis points. Westpac is forcing the RBA to act as economists realise […]More Info
Volkswagen – No harm done.
So the American’s put up a little fight and want to punish the German car industry. The fundamentals at VW remain the same. Good cars, strong sales. One could easily run and sell stocks. But we say – buy in this gloom. The resignation of the CEO at VW already seems as a overkill outcome […]More Info
China – correcting the worlds markets
China has taken active steps to achieve its GDP targets but taking steps to devalue their currency. There are endless side effects but most interestingly and predictably the ASX is taking a dive. With the AUD approaching a dangerous .90 mark against the greenback the RBA is getting its wish but for the wrong reasons. […]More Info
Greek banks closed and Euro close to parity with USD
The games are as good as over yet for Greece with last minute deals being made and lenders refusing to accept anything less than payments. Mario Draghi and his ECB are not delighted by the weak Euro but they have no tools or liquidity to offer the Greeks. Germany is likewise unlikely to help the […]More Info
$AUDUSD Bulls be aware – dangerous levels ahead.
The $AUDUSD has taken back all its losses since 28th December 2014. The tide seems to have turned and the glossy rise of the USD based on Shale production is dwindling into what seems a short lived bull for the greenback. $AUDUSD is currently trading at 0.8125 with a strong long signal. The next major […]More Info
Australian Budget 15-16 – Brace yourself.
Treasurer Joe Hockey has introduced a few new measures that seem rather extraordinary. But here is how it will pan out and the greatest disappointments within. ‘Netflix’ Tax: It is like all taxes a tax to consumer. GST is to be charged by all overseas companies who sell digital products and services. This is to […]More Info
Saudi Royals reshuffle the playbook – Iran targets
Israelis leader Netanyahu put Iran in the scope of the US and UN and has never regretted anything more in his lifetime. Not only did Netanyahu put Iran into the scope via lies and fabricated stories about nuclear levels – he was also declared a liar by the the former head of his own Intelligence Service […]More Info
Australian Real Estate – Bubble ready to burst yet?
Fines and jail terms is what the Australian Government has proposed currently to ease the real estate pricing that is forcing many locals into a lifetime of renting. The punishment will not only extend to investors but also agents that fail to comply. Whilst the changes will be announced in the coming week the Government […]More Info
Top Foreign Holders of U.S. Debt – Forex opportunities
According to the U.S. Treasury here is a list of the highest holders in volume of U.S. Debt: JAPAN $1.2245T CHINA $1.223.7T CARIBBEAN $351B BELGIUM $345B OPEC $297B BRAZIL $260B It is not surprising that the two largest nations here have been attempting to lower their currency value vigorously as to increase their debt value […]More Info