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Why the RBA should remain on hold in 2018

Sherwood Comment 30th November 2017 – Why the RBA should remain on hold in 2018.In this morning’s AFR former RBA board member Warwick McKibbin stated that the RBA should start raising the target cash rate to reduce exchange rate volatility and to prevent a more volatile economic reaction that could occur if we paused for…

Saracen Minerals (SAR) Managing Director, Raleigh Finlayson

Executive Series 28 Nov 17: Saracen Minerals (SAR) Managing Director, Raleigh Finlayson In this short video Tom & Raleigh discuss; • the company’s latest drill results for its Carosue Dam operation.• progress of its Thunderbox project, including its underground project. YouTube Link: https://youtu.be/si54aWHekd0 To view more Executive Series interviews, visit:https://www.commsec.com.au/market-news/executive-series

Crowd Mobile (CM8) CEO, Domenic Carosa

Executive Series 29 Nov 17: Crowd Mobile (CM8) CEO, Domenic Carosa In this short video, Tom & Domenic discuss; • CM8’s digital marketing business through the use of social media influencers• Its digital currency strategy involving blockchain and a potential Initial Coin Offering (ICO) launch.• Growth strategy and focus in the European media market. YouTube Link: https://youtu.be/KQ9JsOBvoyw To view more…

US economy sees fastest growth in three years in third quarter

The US economy posted its fastest growth in three years in the third quarter, indicating a broad-based expansion is gaining momentum, according to official figures released Wednesday.The revised data surpassed President Donald Trump’s three percent target for the second time in a row, showing that back-to-back hurricanes in late summer barely left a scratch on…

China factory activity accelerates in November

China’s manufacturing activity accelerated in November, official figures showed Thursday, beating expectations as strengthening domestic and global demand boosted production in the world’s second-largest economy.The manufacturing purchasing managers’ index, a gauge of factory conditions, stood at 51.8 for the month, the National Bureau of Statistics (NBS) said, up from 51.6 in October.Anything above 50 is…

Fed survey shows signs of inflation, rising wages in US

US price pressures have strengthened and wages are showing some signs of life after an extended period of mysteriously low inflation, according to a Federal Reserve survey released Wednesday.The Fed’s so-called beige book survey, which gathers reports from businesses across the nation, offers another sign the central bank is likely to raise interest rates at…

Kazia Therapeutics (KZA) CEO & Managing Director, Dr James Garner

Executive Series: Kazia Therapeutics (KZA) CEO & Managing Director, Dr James Garner In this short video, Tom & James discuss; • Kazia’s recent name change from Novogen• Progress of its ovarian cancer and brain cancer drug trials YouTube Link: https://youtu.be/Pd55l3EC66A To view more Executive Series interviews, visit:https://www.commsec.com.au/market-news/executive-series

Dow ends at record again, but tech sell-off hits Nasdaq

Strong gains by banks helped propel the Dow to a second straight record Wednesday following robust US growth data, but high-flying technology shares tumbled, denting the Nasdaq.The mixed-bag outcome came as the Commerce Department said the US economy in the third-quarter expanded by 3.3 percent, the strongest performance since the third quarter of 2014 and…

Court investigating whether Uber connived to cover its tracks

Uber, the ride-sharing giant hit with a number of scandals in recent months, is now suspected of operating a program to hide nefarious tactics.The start of a trial in Waymo’s suit against Uber over allegedly swiped self-driving car technology was put on hold this week while the court looked into whether evidence of a cover-up…

IG Research – The long and the short of it

It’s been a funny old session with a number of markets showing a pick-up in range expansion.Naturally, we have to go to Bitcoin, as this has not only been the poster child of trend and momentum throughout 2017, and so often we see such punchy moves. Of course, liquidity is always at the heart of…