Inflation worries for Australia
The latest consumer price index figures rose more than expected in the second quarter. The Aussie Dollar rose to a record high against the US Dollar amid speculation that the Central Bank will be forced to increase interest rates at the next [...]
European bank stress tests
The European Banking Authority’s (EBA) tests showed just eight banks failed the tests yet it is believed that tests did not go far enough and did not take into account a sovereign default. This allowed Sterling to reach a 6 week high against [...]
