Yen and Dollar Mildly Higher as Markets Consolidate, Eurozone Core CPI Hit ...
03 August, 2017, 00:18
While it has been many months since the RBA said anything about the dollar in its policy statement, it has repeatedly warned in other statements that a stronger currency would push down employment and make it harder for the economy to recover from the global financial crisis.
In recent months, mortgage rates have been edging higher, especially for investors and interest-only loans.
"Although RBA would like to cut rates to take upward pressure off the Australian dollar, it can't cut rates as it fears re-stoking the residential property market". They expect unemployment rate would slightly go down over the next couple of years from the current 5.6 percent.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, hovered around 2.72 percent, the yield on 15-year note flat at 3.02 percent and the yield on short-term 2-year traded almost 1 basis point lower at 1.81 percent by 03:50 GMT. Headline inflation rates have declined recently, largely reflecting the earlier decline in oil prices. The economy is nearly out of the reversal of mining investment that had been weakening growth of late - another bonus. However, wage growth remains low and this is likely to continue for a while yet, the bank added.
There is also likely to be a short-term pick up in inflation, as measured by the consumer price index, as higher electricity and tobacco prices flow through. Lowe said that growth in housing debt has been beating the sluggish climb in household incomes. But Dr Lowe noted that "a factor working in the other direction is increased competition from new entrants in the retail industry".
Finally, CACIB notes that the USD's recent downtrend remains the key theme in the FX markets and price swings around the trend will remain the key source of FX volatility. Taking account of the available information, the Board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time. Rent increases remain low in most cities.
Now that Knight is out for the entire campaign, one has to wonder if that will expedite the Suns' pursuit of Kyrie Irving. Knight's playing time diminished as last season progressed and the Suns chose to go with younger players.
The Salt Lake Tribune is reporting that a Walmart incident actually tipped off police about Christenson and Wilde's drug crimes. Christenson , who was in Walmart with her older children , was taken into custody on an outstanding warrant at that time.
The stakes are too high to experiment with our national defense or to inadvertently cause harm to those wishing to serve. The military should continue to treat all of its courageous soldiers with respect, even if the president does not.
However, for the next few months Tesla will be producing only a $44,000 version with 310 miles of range and zippier acceleration. In August, Tesla is planning to roll out 100 units of Model 3 and it will be increased to over 1,500 units by September-end.
Last week, the International Monetary Fund agreed to a new loan "in principle" worth $1.8 billion to Greece. Greece still has a €326bn debt pile, after receiving three bailouts in the last seven years.
The Company operates through three segments: Primary & Community Care; Community Pharmacy, and Secondary & Specialist Care. Also, insider Alan Stewart acquired 4,076 shares of the business's stock in a transaction on Friday, July 28th.
It's unclear what role the Pentagon played in Trump's decision to bar transgender war fighters from serving. Jenner, who voted for Donald Trump , caught flack earlier in the day when the ban was announced.
On Friday, she tweeted that she's "no longer under federal investigation" and that she has been "completely exonerated". Retweeting the USA reporter's Twitter post , she wrote: 'My daughter Kathleen Mary is a wonderful human being'.
Senate passage of a health care bill would set up discussions with the House, which approved its version in May. John McCain was right in the middle of it on Tuesday when he spoke to his fellow members.
Their interaction only makes it crystal clear just how important Wonder Woman is for women and girls everywhere. Jenkins regarding the issue said to EW that "I realized that " Wonder Woman 2 " is its own great movie".
Acal plc (LON:ACL) Receives "Buy" Rating from FinnCap
The target price would suggest a potential downside of -2.83% from United Utilities Group PLC (LON:UU)'s previous stock close. The Perritt Capital Management Inc holds 295,550 shares with $6.65 million value, down from 316,837 last quarter.
ACA Repeal Bill Fails Badly In Senate
Susan Collins of ME and Lisa Murkowski of Alaska were the only two Republican senators who did not vote yes on the measure. Vice President Mike Pence breaks a tie in the Senate vote to proceed with debate on a health care bill.
New James Bond film in the works
It will be number 25 in the franchise about the MI5 spy, but it is still not clear if Daniel Craig will reprise his main role. When is the new James Bond film out in the UK? The movie will be produced by Eon's Michael G.
China to India: Ready to Defend Sovereignty at All Cost
Over the period China has squarely blamed India for provocation and called to take practical measures to correct its wrongdoing. Earlier, India has said that both sides should pull back troops to discuss the matter through diplomatic channels.
Charlie Gard's parents withdraw appeal
Doctors at Great Ormond Street Hospital had said the treatment wouldn't help and could cause the child pain. Hirano believes there is at least a 10-percent chance that his treatment could improve Charlie's condition.