Australians have been urged to beat obesity. With the portion of the population that is overweight higher then every people are being encouraged to exercise and eat better. Australia is currently ranked one of the fattest nations in the world. The prevalence of obesity has doubled in the last 20 years and it is only […]

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Britain and China have signed an agreement to set up a clearing service for RMB trading in London on Monday. The deal comes days after Germany signed a similar deal with the Chinese. The deal allows both countries to trades convertible RMD. Trade in the Chinese currency is currently restricted to just a few countries. […]

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NBA team owners have agreed to proceed with efforts to force the sale of the LA Clippers owned by the now infamous Donald Sterling. Sterling admitted to making racist comments to his mistress in a heated argument over who she brings to clippers game. The media and fans acted with outrage after hearing the tapes contents. […]

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In the United States, The Dow Jones industrial average fell 21.97 points, or 0.1 percent, to 16,558.87. The S&P 500 closed 0.1% down to 1,883.68 falling slightly from the previous sessions record highs as data showed an increase in jobless claims before the government’s monthly labor report tomorrow. In commodities news the price of Gold dropped […]

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 With no significant data releases domestically this week  the AUD continues to be stuck in its 50 point weekly trading range against most of the majors. Today saw the Chinese HSBC Manufacturing numbers at 11.45am for the which were positive.  That and the negative data out of the US pushed the dollar higher before it came […]

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