RBA – All bark no bite – Interest Rate left at 2.50%

Glenn Stevens has yet again held interest rates at 2.50% and thereby again made no move to lower the AUD. The RBA has been in recent months accused of not acting in the best interest of the Australian business and consumer sector. Although Australia is currently experiencing low interest rates that is far more to […]

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Europe slow growth a deflation threat – no further downside expected

French President and European Central Bank (ECB) President Mario Draghi both agreed that measures need to be taken to stimulate growth in the Euro zone. Whilst France and the ECB agree that austerity measures need to be replaced by stimulus measures Germany has a different tone. The Euro has sunk to 12 month lows in […]

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EURCHF Bull opportunities ahead – Swiss Central Bank defences on guard

Swiss Central Bankers are on high alert are ready to intervene should the EUR lose further value and bring the cross rate closer to the 1.20 franc per euro. This cross rate is critical for many global business heading their business outside of Switzerland and banking in the tax sanctuary. The steady growth in the […]

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Why Zynga beats King

Zynga (NASDAQ:ZNGA) has been a strong speculative bet for a while since it has undergone some key changes including leadership and acquisitions. New CEO Don Matterick, ex-Microsoft executive, was able to steer Zynga into $5.50 range but preventative caution commentary has triggered to a constant downfall in the price for Zynga, which is currently trading […]

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Massive EUR short opportunities 28th Aug 2014

There are massive shorting opportunities available tonight on the EURUSD as the market has taken a decisive action in light of the Jackson Hole Symposium’s Janet Yellen and Mario Draghi speech. The pair have been travelling bearish with a 40 pip recovery during the 27th of August and have barely seen much for bulls. Post […]

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Qantas – Flying low.

Qantas has reported a AUD$2.84b net loss, which is well above the expected AUD$1.1b. However pre tax losses were lower that the expected AUD$750m at AUD$644m. Investors are however holding on to stock and an intraday rise of around 6% seems to be holding. The rise is due to the CEO Joyce’s statement of returning […]

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When you need an Oracle – Burger King to acquire Tim Hortons

In a deal that is worth over US$11b, Burger King is really banking on the new merger to come through on the new tax savings, which a Canada HQ can offer. Tax savings in Canada could reduce Burger Kings current 35% rate in the US down to just 15% in Canada. Warren Buffett’s Berkshire Hathaway […]

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Amazon to acquire Twitch for $970m

Months after rumors started floating about Google having made a play to acquire Twitch.tv, a dedicated video site for the gaming community to share in-game videos, Amazon has finally announced the acquisition for the same price. Amazon has advised that company is to remain independent and Jeff Bezos reiterated mutual learning opportunities. Amazon’s acquisition is […]

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Citi – Iceberg ahead.

Citi bank is plagued with various issues from an impending retail services exit in Japan to major problems with regulators since 2004 on the banks anti-money laundering program. Earlier this year the Federal Reserve Bank also rejected Citi from executing a buyback and dividend plan they had hoped to roll out. CEO Michael Corbat has […]

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Jackson Hole – Economic Policy Symposium 2014

The Federal Reserve Bank of Kansas City is having its annual with the following headliners on Friday the 22nd: 8 a.m. Opening Remarks Janet L.Yellen Chair, Board of Governors of the Federal Reserve System 12:30 p.m. Luncheon Address Speaker: Mario Draghi President, European Central Bank The Symposium will evolve around the labor markets and relative […]

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