Iron Ore Completes Fifth Weekly Loss as ‘Worst Is Yet to Come’ http://www.bloomberg.com/news/2014-11-21/iron-ore-heads-for-fifth-weekly-loss-on-global-glut-china-data.html Again we have China coming to the rescue of the AUD dollar with Australia’s own central bank a bystander… Continue reading
http://www.youtube.com/watch?gl=SG&v=waacof2saZw&hl=en-GB Chorus : The things, you sayYour purple prose just gives you awayThe things, you sayYou’re unbelievable Unbelievable stories from Australia : Boozy Feral Pig Steals Beer From Campers, Gets Drunk and Starts… Continue reading
The USD dollar is in a lonely place this year as central bankers break ranks in their hierarchies and mostly losing heart. The typical job of a central banker is to manage 1.… Continue reading
I am beginning to think its a market plague even as the world has a few real diseases outbreaks to worry about. BUBONIC PLAGUE A Chinese town has been sealed off and 151… Continue reading
As we approach a new peak in the Citi AUD Pain index*, along with a nice top in the Economic Surprise Index**, markets are turning long in the AUD, led by the usual… Continue reading