CommSec: Petrol set to fall as global oil price slides

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Weekly petrol prices According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 1.1 cents per litre to 140.2 cents a litre in the week to June 19. Global oil prices recorded a sharp fall in the past week which should translate into lower pump prices in a

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Principal Global Investors’ End of Financial Year Central Bank Watch

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Principal Global Investors releases its Central Bank Watch, covering current and expected interest rate policy at the Reserve Bank of Australia, Federal Reserve, Bank of England, European Central Bank, Bank of Japan and Bank of Canada.   The paper evaluates the performance of the central banks over the past the last 12 months, discussing CPI

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CommSec: Lending near 5-year low; Credit cards shunned

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Lending finance; Credit & debit card statistics Lending slides again. Total lending finance fell for the third time in four months, dropping by 3.8 per cent in April to near 5-year lows. Lending is down 3.4 per cent over the year. In trend terms lending is at 8-month lows. The average credit card balance barely

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What’s next for Asian Equities?

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Having bounced back strongly since the lows of 2008, Asian equity markets have recently been through a soft patch, underperforming developed markets such as the US and broader global indices. What’s next for Asia share markets? The recent softness in Asian equity markets stemmed mainly from worries about the impact of rising inflation and the

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CommSec: Job ads slump; Inflation eases to 5-year low

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TD Securities monthly inflation gauge; Job Ads; Weekly petrol price Job market slows. The ANZ job advertisement index slumped by 6.5 per cent in May with internet jobs down 6.6 per cent and newspaper job ads down 2.7 per cent. It was the second monthly drop in job ads –the first back-to-back declines in almost

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Investor Signposts: Week Beginning May 29 2011.

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Upcoming economic and financial market events The big picture Do you ever get that feeling of déjà vu? A year ago the world fretted about European debt, and more specifically,about Greece. Now investors are focussed on the same sort of issues, concerned that a sovereign country could default on its debt obligations. A year ago

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AMP: Weekly market & economic update

Headline developments of the past week The European debt crisis is continuing to rumble along with increasing talk of a “soft debt restructuring” for Greece which would involve extending the maturities on Greek debt but without changing the principle or interest rates. Greece announced that it would double the size of its austerity measures from

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CommSec Investor Signposts: Week Beginning May 22 2011

Upcoming economic and financial market events   The big picture Is the petrol price high? It depends on your stand-point, especially given the fact that prices are quite volatile, making it harder to make comparisons over time. But it is worthwhile looking at the experience over the past three years as the pump price at

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RBA minutes: rates on hold for now,foreign central bank investment on the rise

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Lending finance; RBA Board minutes Lending rebounds, albeit from a low base. Total lending finance rose by 7.7 per cent in March after sliding by 5.7 per cent in February. Encouragingly commercial finance rose by 13.3 per cent in March while personal finance rose by 0.5 per cent in March – marking just the third gain

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Asia’s dividend ‘sweetspot’ continues to yield

Below is a market comment from Jason Pidcock, head of the Asian Equities desk at Newton, part of BNY Mellon Asset Management, on the outlook for equity income investing in the Asia-Pacific region (ex-Japan).  Jason is based in London. x Key points: Asian companies are realising the benefits of paying a dividend Inflation concerns exist,

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