Markets

Australia will suffer ‘significant job losses’, the RBA admits, as it implements measures to fight the economic impact of the coronavirus

The Reserve Bank of Australia (RBA) has addressed the country after announcing an emergency stimulus package. Governor Phillip Lowe said Australia would suffer “significant job losses’ due to the coronavirus crisis. The measures the RBA has now implemented, which include another rate cut to 0.25%, come as the government tries […]
Australia will suffer ‘significant job losses’, the RBA admits, as it implements measures to fight the economic impact of the coronavirus
Markets

China’s next stimulus step could be direct share purchases by its central bank

Anyone who has been following Chinese financial markets in recent years would know about the so-called “National Team”. It’s the nickname given to a group of government-linked institutions that are tasked with intervening whenever markets moves are deemed as being undesirable for Beijing. Nomura says China’s central bank may be […]
China’s next stimulus step could be direct share purchases by its central bank