Australia

Those of us that were looking for some sort of resolution on the Greek debt crisis that would firmly point the dial in one direction or the other have once again been disappointed. Despite another round of bailouts - this time about 130 billion euros on top of the original 110 billion euro 2010...

On Tuesday, the Australian dollar gained against the US dollar, continuing a trend that had been ongoing for two days. The reason? The move may have been prompted by data coming out from China. On Monday, it was announced that Chinese policy makers had opted to officially back entrepreneurs by...

During a conference on Friday in Bali, Indonesia, Chinese Premier Wen Jiabao warned that "external forces" should stay out of maritime disputes between countries with territorial claims in the South China Sea. Although the United States wasn't mentioned by name, there could be little doubt that...

By Brendan Poots, of Priomha Capital Leave emotion at the door and profit from sport With rogue traders predicting doom, US unemployment on the increase, China slowing down, the Euro about to collapse and gold even on the slide is there any safe haven for our hard earned dollar? The answer to...

Admittedly, I don't follow the Australian housing market closely, however, along with Canada, two of the world's never-ending housing bubbles do show up in the news from time to time and, upon reading this report at MarketWatch, I couldn't help but think back to the similar housing market optimism...

Tuesday, September 13th 2011 The fundamental outlook for Wheat seems to favor the bear camp at the moment, as the large Australian crop may increase global ending stocks. Corn's impact on the Wheat market, however, cannot be discounted. Higher moves in Corn could not only shift overall grain...

A columnist recently complained about Echo Boomers, who choose to remain at home, and noted a trend in Australia: In Australia, one-quarter of people aged 20 to 34 continue to live in the home of their mostly baby boomer parents, a social researcher with McCrindle Research, Mark McCrindle, says....

Following a dovish Reserve Bank of Australia summary of their August 2 meeting, which already placed downside pressures on risk, data out of the Euro-zone affirmed Tuesday's bearish price action. Fundamental Headlines • Obama Says Debt-Limit Battle Hurt Economy – Bloomberg • Swiss Ponder...

The Aussie rose against the U.S. dollar and the euro on Thursday despite rising unemployment. At around 5:48 am GMT, the greenback traded around 0.9732, or 0.94% below its previous close. At the same time, the euro surrendered 0.51% of its value to stand around $1.3858. The Aussie has managed to...

Although the United States was able to maintain its AAA credit rating with the top three ratings agencies after it avoided a default on its debt, a little known Chinese rating agency has lowered its rating of American debt from A+ to A with a negative outlook. Earlier this week, President Barack...