It came at no surprise that the Reserve Bank of Australia slashed its cash rate by another 25 bp to 2% — a new low. The decision is, on the one hand, reasonable considering the country continues to suffer from…
The country down under is back on the news after the Reserve Bank of Australia decided to cut its cash rate by 0.25 percentage points. So now the RBA’s cash rate is set at 2.25% — its lowest level in…
The movement of gold and silver remains unclear as both precious metals prices fell at the first half of the week only to bounce back and finish the week strong. The sharp depreciation of the US dollar against leading currencies…