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Recent and archived work by AFP for The Bull:

US wants to make ‘meaningful progress’ in China trade talks

US trade negotiators want to make “meaningful progress” in upcoming talks with China, Treasury Secretary Steven Mnuchin said Thursday, one day after conciliatory gestures by both sides boosted hopes of an eventual resolution. Mnuchin said on CNBC he is “cautiously optimistic” about chances for a deal to resolve the conflict, while President Donald Trump hinted…

The Week Ahead

                                  In the coming week in Australia the August jobs data will attract most attention together with the minutes of the last Reserve Bank Board meeting. Population estimates are also scheduled. There are several stand-out events in the coming…

Google employees free to express views under settlement with US

Google said Thursday said it will remind workers they are free to express views on “workplace issues” as part of a settlement with a US government agency investigating the internet giant. Under the terms of the agreement with the US National Labor Relations Board, Google will post digital notices on its internal employee computer network…

Luxury vehicle sales lift; Airfares fall again; Aussies reluctant to buy goods from overseas

Luxury vehicle sales lift; Airfares fall again Aussies reluctant to buy goods from overseas Airfares; Credit/debit cards; Luxury cars Luxury vehicle sales: The CommSec index of luxury marques rose again in August, up by 0.6 per cent. Previously in July – and for the first time in two years – rolling annual luxury vehicle sales…

ECB stimulus lifts stocks as euro rallies after initial stumble

European stock markets rose on Thursday after the ECB unveiled a massive stimulus program and cut interest rates to goose a sluggish eurozone economy. The euro was volatile, dropping against the dollar in an initial reaction before recovering in late business. Elsewhere, US stocks pushed higher as trade tensions between the US and China continued…

Oil producers pledge to respect cuts as market sags

Oil producers pledged Thursday to comply with output cuts aimed at rebalancing the sagging market, but offered no further reductions in a sign they are short on options in a market depressed by US-China tensions. OPEC kingpin Saudi Arabia led calls to abide by promises on production curbs that the cartel hopes will drive up…

Trump criticizes Fed for not ‘acting quickly’ as ECB

President Donald Trump attacked the Federal Reserve again Thursday for not “acting quickly” like its European counterpart to provide stimulus to the US economy. After the European Central Bank unveiled a massive stimulus program earlier Thursday, Trump said on Twitter, “They are trying, and succeeding, in depreciating the Euro against the VERY strong Dollar, hurting…

Key US inflation gauge jumps to 13-month high in August

A key measure of US inflation last month took its biggest leap in more than a year as costs for hospital services and over-the-counter medications rose, according to a government report Thursday. Despite signs prices may finally be starting to heat up, the Federal Reserve is widely expected to cut interest rates again next week…

Johnson denies lying to Queen in Brexit crisis

British Prime Minister Boris Johnson denied Thursday that he had lied to Queen Elizabeth II when requesting the suspension of parliament this month in the run-up to Brexit. Johnson asked the British head of state to shutter parliament for five weeks from last Tuesday, claiming it was necessary ahead of rolling out a new domestic…

France will block development of Facebook Libra cryptocurrency

France warned Thursday it will block development of Facebook’s planned Libra cryptocurrency in Europe because it threatens the “monetary sovereignty” of governments. “I want to be absolutely clear: in these conditions, we cannot authorise the development of Libra on European soil,” France’s economy and finance minister Bruno Le Maire said at the opening of an…