Royal Bank of Australia

The Australian dollar fell to its lowest levels since August 30 on Friday, following comments from RBA Governor Glenn Stevens. AUD/USD appears set to close its eighth-straight week of declines Friday, the longest weekly losing streak since 1985. The Aussie weakened after the Australian...

U.S. equity futures were flat in pre-market trading for the third straight day despite stronger than expected industrial production data from China, a proxy for growth. The National Bureau of Statistics in China reported that industrial production grew at an annualized rate of 9.6 percent, better...

The Royal Bank of Australia (RBA) overnight released its November interest rate decision and unexpectedly kept rates on hold. The RBA kept the benchmark cash lending rate at 3.25 percent in November, defying economist expectations of a 0.25 percent cut to 3.00 percent. The holding of rates follows...

U.S. equity futures rose in pre-market trading on election day. Heading into the vote, the candidates are in a statistical dead heat as the margin of error on all of the tracking polls is generally wider than the difference in the surveys; thus, this is one of the closest races in history. Top...

The Royal Bank of Australia is set to release its latest interest rate decision late Monday night. At the October meeting, the Bank unexpectedly cut the benchmark cash rate to 3.25 percent from 3.5 percent. Economists are split over the rate decision, with a majority calling for a further cut of an...

U.S. equity futures rose slightly in early Friday trading as IMF Chief Christine Lagarde warned that the global financial system is just as weak as it was before Lehman Brothers failed in 2008. Speaking at the IMF conference in Tokyo, Lagarde also warned that central banks of industrialized nations...

U.S. equity futures fell in early Tuesday trading as the International Monetary Fund (IMF) slashed global growth forecasts in its quarterly World Economic Outlook. The IMF slashed its estimate for 2012 global growth to 3.3 percent global GDP growth from 3.5 percent in its previous estimate. Also,...

U.S. equity futures rose in early Tuesday trading as the Royal Bank of Australia somewhat surprisingly eased policy overnight and peripheral pressures in Europe continued to subside. The Royal Bank of Australia overnight cut its benchmark interest rate 25 basis points to 3.25 percent, warning that...

As Chinese growth continues to sputter, evidenced by the weak manufacturing data overnight and the Australian resource boom begins to fade, investors need to look for the next emerging markets that will draw both foreign direct investment and maintain a stable, open economy. Indonesia and Singapore...

U.S. equity futures rose for a fourth consecutive day Tuesday on continued hopes that new discussions between European leaders would culminate in a grand solution to Europe's debt crisis. Reports indicated that Germany, mainly the conservative Bundesbankers, are now supporting European Central Bank...

Australian payrolls rose and the unemployment rate fell in July, data released late Wednesday showed. That might indicate that Australia's economy is weathering the global economic slowdown relatively well following early and quick action from the Royal Bank of Australia to cut rates and boost the...

The past week was a busy one for the Eurozone, with rate decisions, policy inaction and lots of economic data marking a tumultuous week in markets. The week beginning August 6 should continue to have all eyes focused on Europe as Spain edges closer to a full sovereign bailout and the ECB primes the...