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PTY 18.01 -0.49 (-2.65%)
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Aussie Parity With Kiwi Seen as Rates Diverge: Chart of the Day
Australia's dollar is set to weaken to parity with its New Zealand peer for the first time, HSBC Holdings Plc predicts, as contrasting economic fortunes force a widening of the gap in interest rates.
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Alternative UCITS platforms record strong AuM growth
Market regulation and the desire among investors for regulated alternative funds has proven to be a fantastic opportunity for platform operators, particularly those supporting alternative UCITS.
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Dollar Touches Highest in Six Weeks on U.S. Rebound
Options traders foresee 46 basis points of interest rate rises in the next 12 months, according to a Credit Suisse Group AG index, up from 39 basis points yesterday, the least in a year.
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Dollar Reaches 7-Week High on US Outlook; Ruble Drops
New Zealand's dollar fell as Auckland-based Fonterra Cooperative Group Ltd., the world's largest dairy exporter, reduced its forecast today for milk prices in the 201-2015 season.
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Interest rate rise would have no impact on car sales says Lookers' boss
Lookers' chief executive Andy Bruce has said future interest rate rises will not affect car sales - and could easily be offset by manufacturers passing on their gains from foreign exchange.
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Company chiefs urge Prime Minister to step in and back UK solar power
It's time that the government woke up to the fact that, with stable support, jobs rich UK solar will be cheaper than onshore wind during the next Parliament, opening up immense opportunities for UK PLC and driving down the costs of delivering the 2020 ...
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Asia Pacific Market: Shares lower on soft China inflation figures, Fed, Draghi ...
Rio Tinto slid 0.4% to A$62.14. Junior iron ore miner Fortescue Metals Group was down 1.8% to A$4.38. Financial stocks declined, with big four lenders leading losses.
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Oil stocks surge amid Nigeria energy deficit woes
Seplat is forecast to generate over $400mn in profits in 2014E, according to Davletshin, buoyed by domestic gas prices that are expected to rise close to export parity by the end of the year. Domestic gas prices currently at $1.00 /Mscf, are scheduled ...
TOP NEWS: UK And Euro Area Service Sector PMI Growth Slows
RSA Insurance Group PLC said it has reached a deal to sell its China business to Swiss Re for about GBP71 million, as Chief Executive Stephen Hester continues to sell smaller businesses as part of his project to shore up the insurer's balance sheet and ...
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Lords debate the Electricity Capacity Regulations 2014
It includes a list of the standard terms which must be included in a CFD contract, helping to ensure parity between contract holders and consistency for the duration of the CFD regime.
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