With quite a few data releases out during the London session last night there were no significant movements overnight The RBA yesterday kept its record low interest rates on hold at 2.5% this rates have remained on hold now for 10 months in a row. With a pickup in housing & a strong employment balancing […]
The AUD dipped in Mondays trading, leaving it looking vulnerable this morning before a day of big data releases. Chinese manufacturing numbers, Australian Retail Sales, the domestic Interest Rate decision and accompanying statement all have the potential to move the market significantly in either direction. Recent data lends it hand to a downward bias, but […]
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 […]
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