Risk never sleeps
Article Abstract:
Commodity prices, which are particularly relevant to the Australian economy and equity market, recorded their largest weekly drop in 25 years in the last week of May 2006. It is believed that there was a strong correlation in both the timing and extent of price falls across all the markets. This added weight to concerns in central banking circles that extended period of ultra-low interest rates and low volatility has encouraged complacency and a mispricing of risk.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2006
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Consuming passions
Article Abstract:
Consumer reaction at interest rate rise and rising bowser prices has prompted the Reserve Bank to hold off another increase in the official short-term interest rate The Reserve Bank has noticed a drop in consumer confidence towards minor tightening of interest rates and higher oil prices, which has exposed a far more fragile and anxious economic psyche than expected.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
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Currency crisis
Article Abstract:
The abnormal fall down of the Australian currency value is discussed. In the budget of May, Peter Costello forecasted the non-farm GDP growth in the current year of 2.75 percent, and if the performance falls shorter than this figure the Reserve Bank will decrease the official interest rates.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2003
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