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Banks Say Hedge Funds' Short Aussie Bets at Risk of Backfiring - Vimarsana News

Banks Say Hedge Funds' Short Aussie Bets at Risk of Backfiring

(Bloomberg) -- Hedge funds have little doubt that the Australian dollar is headed lower. The nation’s biggest banks beg to differ.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Markets WrapUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of Unsold Homes to Save Property MarketFlood of China Used Cooking Oil Spurs Call to Hike US LeviesSpeculative wagers against

Source: yahoo.com
Bond Traders Are Obsessing Over This Gauge Before Jackson Hole - Vimarsana News

Bond Traders Are Obsessing Over This Gauge Before Jackson Hole

(Bloomberg) -- An abstract interest-rate metric is dominating discussions across trading desks ahead of the Jackson Hole symposium, with investors wondering if Federal Reserve Chair Jerome Powell will weigh in, and bracing for further declines in US Treasuries if he does. Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapHuawei Building Secret N

Source: yahoo.com
ASIC Update: Compensation For Financial Advice Related Misconduct As At 30 June 2022 - Vimarsana News

ASIC Update: Compensation For Financial Advice Related Misconduct As At 30 June 2022

<p><span>Six of Australia's largest banking and financial services institutions have paid or offered a total of $3.6 billion in compensation, as at 30 June 2022, to customers who suffered loss or detriment because of&nbsp;</span><span>fees for no service</span><span>&nbsp;misconduct or&nbsp;</span><span>non-compliant advice</span><span>.</span></p>

Aussie's Rally Forecast to Strengthen With Commodities Booming - Vimarsana News

Aussie's Rally Forecast to Strengthen With Commodities Booming

(Bloomberg) — The Australian dollar is turning a corner as a global recovery from the pandemic brings windfall for the commodities exporting nation.

Global policy chiefs confront hawkish market bets on inflation - Vimarsana News

Global policy chiefs confront hawkish market bets on inflation

Investors are betting on the fastest pace of interest-rate hikes since 2010 across the world’s biggest developed markets, pressuring policy makers who want to slow inflation without crash landing their economies.