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Preview: RBA Set To Cut Interest Rates - Impact On AUD
Tue, 07 Feb 2012 02:29:17 GMT

The expectations heading into the upcoming RBA interest rate decision is for the central bank to maintain a loosening bias by lowering interest rates by another 25 basis points, or 0.25%, to 4.0%.

 

Greece Talks Extended, Euro Holding above 1.3000, RBA Today
Tue, 07 Feb 2012 02:10:22 GMT

U.S. Dollar Trading (USD) stocks pared back some of the Jobs data with Greece missing the deadline for a deal and extending talks to avoid a default amongst warnings from the rest of Europe to find a solution. Traders continued to buy on pull backs however and stocks rallied off

 

Forex Exchange Morning Report
Tue, 07 Feb 2012 02:07:47 GMT

Markets consolidated after Monday's push higher. Greece's debt talks are still in limbo, and the chatter is that the IMF troika is dissatisfied with the countries response so far to the reform, especially regarding the promised privatisation process. That has delayed a meeting of Eurozone finance ministers to later this

 

All Eyes On The RBA
Tue, 07 Feb 2012 02:04:40 GMT

The Reserve Bank of Australia is set announce its decision at 14:30 local time, with futures prices suggesting that the market is looking for a rate cut from 4.25% to 4.00%. Most economists surveyed by Bloomberg agree with the view, but some have changed their tune in last few weeks.

 

The RBA Should Move To Ease Policy But It's A Close Call
Tue, 07 Feb 2012 02:03:01 GMT

The RBA decision is due today at 14:30 local time. During its last two meetings the bank decided to cut interests rates by a total of 0.5%, citing uncertain offshore conditions as the main reason behind the cuts. Nevertheless, the bank will have to weigh tight domestic conditions against an

 

Europe Has a Weak Start, But Still Looks Good
Mon, 06 Feb 2012 16:29:38 GMT

European equities have pulled back today but this is entirely normal after last week's rally. Stocks in Europe were up nearly 4% last week on average, and also closed above some fairly significant technical levels. The pan European Eurostoxx index broke above its 200-day sma at 2,448 and managed to

 

Next 24 Hours Key for Greek Default Risk
Mon, 06 Feb 2012 16:27:41 GMT

The Greek government has about 24 hours to decide whether it will agree to the Troika conditions for a bailout deal. Financial markets are hardly showing much concern - but there is a non-trivial chance that Greek does the unthinkable and we must consider the fallout if talks break down.

 

All Eyes Turn to Greece Amid Contentious Bailout Negotiations
Mon, 06 Feb 2012 16:21:23 GMT

As we begin another trading week we have 2 key factors to consider when it comes to Europe both revolving around Greece. The attention has turned to Athens yet again as there continues to be contentious negotiations around the conditions for the second €130 billion (for now) Greek bailout. European

 

Risk Off as the Clock Ticks for Greece
Mon, 06 Feb 2012 14:43:10 GMT

USD is broadly stronger on risk aversion as there is still no resolution in Greece. Time is running short on a PSI deal as well as the more difficult task of meeting Troika demands for greater austerity. Positive economic data out of the U.S. has also reduced the likelihood of

 

The Week Ahead: Greece Deal and 3 Central Bank Meetings on Tap
Mon, 06 Feb 2012 12:46:44 GMT

In Greece there appears to be a new agreement to cut a further 1.5% of GDP in spending amongh the key parties, but the deadline for signing off with the troika is fast approaching tomorrow at 11 a.m. local time. Will Greece agree to troika terms and more importantly,