Published on October 11, 2010 by Technology Slice
Last week the Australian dollar hit 98 U.S. cents putting a smile onthe faces of australian shoppers but putting a strain on australian exporters. The american economy is still reeling from a nasty recession. They have high unemployment numbers and their housing market is still a disastor. All these factors have contributed to a weak [...]
Tags: American Dollar, American Economy, Aussie Dollar, Australian Dollar, Australian Economy, Australian Exporters, Disastor, Faces, Housing Market, Nasty Recession, New Numbers, Parity, Shoppers, Smile, Thailand, Unemployment Numbers, Vietnam
Posted in Money
Published on October 5, 2010 by Technology Slice
Interest Rates Set To Rise Through Christmas – Interest rates have been at a historic low for a long time and now it seems, the RBA is ready to start lifting them. The RBA has seen opportunity to raise rates in past but have refrained from doing so citing external factors such as the large [...]
Tags: christmas, Christmas Period, Consumers, Debt Burden, Europe, External Factors, Good Shape, House Sales, Housing Market, Inflation, Interest Rate Hike, Interest Rates Unemployment, Long Time, Opportunity, Rba, Steam, stress
Posted in Money
Published on July 31, 2010 by Technology Slice
Gross Domestic Product Growth Slows In U.S. – The nation’s gross domestic product grew at an annualized rate of 2.4% in the second quarter, falling from an upwardly revised 3.7% expansion in the first three months of the year, the Commerce Department said Friday. While many economists had expected growth to moderate, the reported decline [...]
Tags: American Economy, Chief Economist, Commerce Department, Consumer Spending, Corporate America, Economy Businesses, Fades, Finite Period, First Three Months, Gross Domestic Product, Housing Market, Inventories, Mark Vitner, Months Of The Year, New Computers, Paul Ashworth, Slowdown, Stimulus, Trade Deficit, Wells Fargo
Posted in Money
Published on May 3, 2010 by Technology Slice
Housing Market Set To Crash – Edward Chancellor, of US investment bank GMO, says the Australian economy is yet to emerge from the global financial crisis, despite the widespread belief it has escaped the worst of it ahead of the rest of the world. Mr Chancellor, whose Crunch Time for Credit? was published in 2005, [...]
Tags: Australian Commodities, Australian Economy, Average Income, Banking System, Chinese Demand, Crunch Time, Edward Chancellor, First Home Buyers, Global Financial Crisis, house prices, Housing Market, Investment Bank, Iron Ore, Liquefied Natural Gas, Lucky Country, Mortgage Repayments, Mr Chancellor, Negative News, Rising Interest Rates, Sheer Weight
Posted in Money
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