POLITICS & POLICY

Australian Dollar Outlook - 09 May 2013

Bell FX Currency Outlook: The Australian Dollar remains below USD 1.0200 this morning as central banks around the world are reacting to the enormous levels of cash pumping through their economies.
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Australia Benchmark Rates Slide to 2.75%; AUD Drifts

The decision of Australia's central bank to cut interest rates to 53-year low has been well received by business groups still reeling from aneamic economic fundamentals led by exports and low consumer demand.

Global Markets Overview - 07 May 2013

US closed mixed, with Bank of America advancing strongly on news of a key mortgage securities settlement. The broad-based S&P 500 edged to a new all-time closing high, rising 3.08 (0.19 per cent) to 1,617.50. The Dow Jones Industrial Average slipped 5.07 (0.03 per cent) to 14,968.89 and the tech-rich Nasdaq Composite Index rose 14.34 (0.42 per cent) to 3,392.97.

Mayon Volcano Jolts, Spews Ash, 5 Trekkers Dead

A surprise jolt underneath the Philippine's Mayon Volcano, world-renowned for its perfect cone shape until its last eruption in 2010, has claimed 5 lives when the volcano spewed ash early on the morning of Tuesday.

Limo Fire: 90-Second Fire Kills a Newlywed Bride Neriza Fojas, 4 Friends [PHOTOS]

It was supposed to be a fun-filled Saturday night out for newlywed bride Neriza Fojas, a 31-year-old registered nurse from Fresno and her friends but it ended in tragedy. A stretch limousine carrying the 9 female passengers suddenly burst into flames at the San Mateo-Hayward Bridge in San Francisco Bay killing 5 passengers, including the newlywed, and injuring 4 women during the 90-second fire.

Asian Markets, AUD/NZD, JPY/USD Movements - 06 May 2013

IG MARKETS CHIEF STRATEGIST, CHRIS WESTON'S VIEWS:Asian markets have opened the new week on a firmer footing after the solid US payrolls report. Still, with Japan offline today volumes have been pretty poor in the markets that are still open.

Global Markets Overview - 06 May 2013

The Dow Jones Industrial Average was up 142.38 (0.96 per cent) to 14,973.96 on Friday, after having breached the 15,000 mark earlier for the first time.

Australian Dollar Outlook - 06 May 2013

Bell FX Currency Outlook: The Australian Dollar has pushed higher by half a US Cent, to now be above USD1.0300, due to a strong US jobs market result on Friday night.

Face Transplant Surgery: Carmen Blandin Tarleton Reveals New Look After Husband’s Lye Attack in 2007 [PHOTOS]

Carmen Blandin Tarleton of Thetford began her “hell journey” in 2007 after husband Herbert Rodgers struck her with a bat and soaked her face with industrial-strength lye due to suspicion of infidelity. Six years later after the attack, the 44-year-old victim publicly revealed for the first time her new look from the successful face transplant surgery at Boston’s Brigham and Women’s hospital in February 2013.

Bill Bonner and the Value of Public Information

It has become tradition at La Estancia de Cafayate for Casey Research to host an intimate conference in conjunction with the Harvest Celebration. In the most recent of the series, Bill Bonner, co-founder of The Daily Reckoning, kicked the program off with a thought-provoking discussion about the nature of information.

Global Markets Overview - 02 May 2013

The Dow Jones Industrial Average lost 138.85 (0.94 per cent) to 14,700.95. The broad-based S&P 500 fell 14.87 (0.93 per cent) to 1,582.70, while the tech-rich Nasdaq Composite Index sank 29.66 (0.89 per cent) to 3,299.13. Wednesday's losses came after the ADP job report showed April job growth fell to the slowest level in seven months.

Australian Dollar Outlook - 02 May 2013

Bell FX Currency Outlook: The Australian Dollar has dropped back below USD 1.0300 for the first time in three days amid falls on US stock markets and weaker commodity prices.

Global Markets Overview - 01 May 2013

The Dow Jones Industrial Average finished Tuesday with a gain of 21.05 points, or 0.14%, to 14839.80, after falling 84 points earlier in the day. The Standard & Poor's 500-stock index rose 3.96 points, or 0.25%, to 1597.57, a new record high, while the Nasdaq Composite Index gained 21.77 points, or 0.66%, to 3328.79.

Australian Dollar Outlook - 01 May 2013

Bell FX, Rivkin Securities Currency Outlook: The Aussie dollar recorded gains overnight until early morning, but its strength will be tested anew with the release of China's manufacturing data later today.

Global Markets Overview - 30 April 2013

The S&P 500 added 11.37 points, or 0.7%, to 1593.61, with all 10 sectors higher. It closed a hair above its record high of 1593.37, reached April 11. The tech oriented Nasdaq Composite Index rose 27.76 points, or 0.8%, to 3307.02, its highest level since 2000.

Australians Prefer Living on Streets – Report

For majority of the global population, the home is the safest place to be, right where one is enshrouded in the love of family. But not for some Australian families who deem it better to sleep on the streets than be confined in a home where domestic violence and family breakdown abound.

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