Economy
ANM to Halt Operations at 47 Brazilian Mining Sites; 25 Vale Dams Included
April 04, 2020 02:40 PM AEDT| By Team Kalkine MediaThe Brazilian National Mining Agency (ANM) has announced that it would suspend operations at 47 mining dams due to lack of Stability Condition Declaration (DCE), including a minimum of 25 dams owned byVale S.A. ANM Avoiding Another Brumadinho From H...
Key Things We Learnt about Economies and Equity Markets Amid Crisis
April 03, 2020 11:01 PM AEDT| By Team Kalkine MediaGo three months back in time and you will realise that you had so much to talk about the happenings in the world! But now, things are different. Whether you read newspaper, watch television or surf web, COVID-19 pandemic is the one making headlines....
Macro Catalysts Driving Volatility in the Australian Share Market
April 02, 2020 10:24 PM AEDT| By Team Kalkine MediaWe have finally bid goodbye to one of the most volatile quarters for the Australian equity market, the March quarter 2020, which continued to keep investors on the edge of their seats with its unexpected surprises. From observing its record-high leve...
U.S Stories Over a Cup of Tea; Interplay Between Stimulus and Equity Charters
April 02, 2020 04:34 PM AEDT| By Team Kalkine MediaWith lockdown imposed, social distancing restrictions in place, stay at home measures getting stricter and still a lot to be occupied with, you can sit back with your cup of tea and sip along with these developments we bring to you. The developments...
What’s Grabbing Attention in Currency Market?
March 27, 2020 09:44 PM AEDT| By Kunal SawhneyPanic buying has remained talk of the town amidst the escalating spread of coronavirus pandemic, with people stockpiling essentials ahead of lockdown measures by governments. From toilet paper and hand sanitizers to milk and bread, panicked shoppers...
Staying Positive while ABS Talks About COVID-19 Driven Impact on Businesses
March 27, 2020 01:31 AM AEDT| By Team Kalkine MediaThese days, around 173 countries across the world are engaged in a battle, not with each other, but against the coronavirus contagion. Unitedly, they are fighting a war against this disease that has claimed lives of ~21,000 people worldwide in just t...
COVID-19 Pandemic: An Economic Emergency to be Dealt With
March 24, 2020 10:06 PM AEDT| By Kunal SawhneyEconomic damage from the COVID-19 outbreak could be worse or at least as bad as recession during the global financial crisis, reported IMF’s Chief Kristalina Georgieva recently. Following a G20 ministerial call on the coronavirus emergency, Geo...
Fiscal Stimulus In Full Swing; PM Unleashes Another $66b, Room for More
March 23, 2020 09:38 PM AEDT| By Team Kalkine MediaKeeping Australians in jobs and businesses in business – is the way PM Morrison’s team has been approaching to this unprecedented crisis. Australian policymakers have collectively announced packages worth $189 billion, including the lates...
Crude Oil Weekly Review: Continues to gain on the second day in a row
March 22, 2020 12:00 AM AEDT| By Team Kalkine MediaThe United States benchmark Western Texas Intermediate (WTI) continues to bounce to over 26 values. The WTI crude oil futures traded at US$26.33 per barrel at 4:39 PM AEDT, recovering from the mega slump earlier this week. WTI Crude Oil Future Pri...
Policy Response Series: RBA Set To Fix Front End Of Curve, Cash Rate Hits Record Low
March 20, 2020 02:48 PM AEDT| By Team Kalkine MediaRBA’s sense of policy responses is quite unique to other Central Bankers – its legacy of maintaining deep-thought, patience-reflecting, acutely-targeted policy responses – could be one of the reasons why Australia hasn’t had a...
RBA Slashes Cash Rate; February Unemployment Rate Plummets Against all Odds
March 19, 2020 11:42 PM AEDT| By Kunal SawhneyPulling an emergency trigger to prevent the economy from the harsh effects of coronavirus pandemic, the RBA has slashed the cash rate to 0.25 per cent, the lowest level in Australia’s history. The RBA’s decision came in the wake of major...
RBA Set To Prime The Economy In Line With Global Peers
March 18, 2020 07:34 PM AEDT| By Team Kalkine MediaWith mounting threats of coronavirus grappling the economy, the Australian government and financial regulators are taking steps to ensure smooth functioning of the financial markets and credit availability to households and businesses. Australian ma...
Morrison Government’s Next Major Fiscal Stimulus – How are Things Panning Out?
March 18, 2020 06:57 PM AEDT| By Team Kalkine MediaAustralia might face about up to 150,000 deaths from coronavirus pandemic in a worst-case scenario, warned the Morrison Government, advising on restricting visits to cinemas, aged care homes and pubs. Considering the pace of the escalating coro...
Property Prices Rise in Australia in December 2019 Qtr Ahead of Coronavirus Pandemic
March 17, 2020 07:43 PM AEDT| By Kunal SawhneyAt the time when evil tidings have mostly enveloped Australia’s media platforms amidst spread of coronavirus pandemic, the latest data by the ABS has given a shot in the arm of the nation’s property market. The ABS’ recent statist...
3 Emerging Market Stocks in US: RDY, AZRE & CHU
March 14, 2020 02:40 AM AEDT| By Kunal SawhneyCompanies that require capital have various sources to access it, and overseas listing is one of them. Since ADR and GDR were introduced in capital markets, growing companies have increasingly opted for overseas listings for capital. Ideally, compan...
Coronavirus Crushes Hopes For Stronger Global Economic Growth
March 09, 2020 09:30 PM AEDT| By Team Kalkine MediaGlobal economic growth was bleak but steady until the coronavirus plague. There were signs of recovery in the worldwide growth during the last trimester of 2019, with easing of trade disputes, and interest rates having simultaneous impact. But due to...
US rates now below pre-hike levels, AU December GDP Print beats estimates
March 05, 2020 03:51 PM AEDT| By Team Kalkine MediaOvernight in the US, Federal Open Markets Committee had stunned markets with an emergency rate cut of 0.50% to federal funds rate, it also announced additional liquidity measures for the money markets, MBS and ABS markets and primary credit rate....
Australian economy fragile amidst virus uncertainty - Are there any pockets of Opportunities?
March 04, 2020 07:21 PM AEDT| By Kunal SawhneyCoronavirus is the topic of discussion for almost every country from the past few months. It has clouded the outlook for global economic growth. Global markets remain weak due to fears of surging cases of coronavirus, signalling global growth to be l...
COVID-19 Epidemic: Global Rate Cuts; OECD Downgrades Economic Growth Forecasts
March 04, 2020 07:05 PM AEDT| By Team Kalkine MediaResponding to the growing coronavirus epidemic, the RBA has lowered the cash rate to 0.5 per cent in an effort to support the Australian economy, largely driven by the effect of the coronavirus outbreak, which has infected over 90,000 people in about...
Record Lows for AUD, ASX, Bond Yields Amidst Disappointing Capex Data
February 28, 2020 02:15 PM AEDT| By Team Kalkine MediaThe Australian currency is down by nearly 6% since the start of the year, hitting decade lows against USD. The ongoing tensions in the Middle East, doubts on the economic outlook of the country after the raging bushfires, impact of deadly coronavirus...
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