The Australian Share market lost ground last week as the iron ore price continued lower, eventually closing 12% down for the month. The ASX200 is forecasted to experience some further drops this week with other commodities prices losing some ground of the back end last week. We saw another strong week of growth in US […]
Yatama Technology is on track to open an office in Shenzhen China in June. The company, which currently has offices in Sydney Australia and Gelnhausen Germany, will be opening an office in Nanshan District in Shenzhen. Yatama Technology is a leading supplier of promotional electronics and IT accessories. The move is designed to improve logistics […]
Apple has announced finally that it will be buying Beats for $3 Billion. Apple will pay $2.6 billion up front, plus another $400 million over time. Apple’s getting stylish hardware from Beats Electronics and a streaming service with Beats Music. The winners of the deal are Beats co-founders Jimmy Iovine and Dr. Dre, both successful […]
The AUD has seen a quiet week of movement trading sideways in a 50 point range against the USD. The AUD opened stronger before losing most of its gains to start this morning. There were 2 data releases for the AUD with the Melbourne institute’s lending index having little to no effect. The second piece […]
AA contradictory speech overnight by ECB President Mario Draghi led to calls that an interest rate cut when the ECB meet next week may not be as set in stone as first thought leading to some Euro weakness overnight. The message that “he does not see deflation risks in the Eurozone” reduces the need for […]
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