My colleague Ben Butler has been looking at what’s in store on the markets this morning: Australia’s market is set for a fall this morning no matter what GDP figures reveal after international markets fell overnight. The tech-heavy Nasdaq led falls overnight, dropping 1.
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Australian economy weakens as RBA meets on interest rates – business liveAnother batch of data will give a clearer picture about how the economy has fared in the past three months but even the PM admits it’s been ‘soft’. Follow the blog for all the developments and the RBA decision live at 2.30pm When China goes down, the whole world goes down.
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Australian tech company Atlassian urges business to support climate strikesFuture Super, KeepCup and clean energy retailer Amber among 20 firms to join Not Business as Usual alliance ... strikes...🙄 🤷♂️🤷♂️🤷♂️ Strikes always work. Just look at how many millionaire miners there are and how many cars British Leyland sell world-wide. The smart people just vote with their spending decisions.
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Argentina imposes currency controls as economic crisis deepens – business liveRolling coverage of the latest economic and financial news Third world shithole. Brexit The IMF hit squad did a number on Argentina.
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Pound plunges below $1.20 as snap election speculation swirls - business liveRolling coverage of the latest economic and financial news, as sterling slides to its lowest point since January 2017 Curious that both Johnson & Trump appear to be manipulating markets with their double talk. If the economic health of a country is measured by the value of its currency, what does this say about the Tory party's time in government? Is it time for Boris to start the '£ in your pocket' line?
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