Empower Blog Oil Market

RBA Rate Decision – October 2016

Today the new Governor, Dr. Phillip Lowe and the Board met and they've kept interest rates on hold. Now this was widely anticipated by most economists. There were, however, a couple of economists who were looking to see a rate cut. I think that had a lot to do with our stubbornly high Australian Dollar with the Fed Reserve in the US not moving on i...

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2016 Global Economy & Equity Outlook (Part 3) | Commodities Market

Here are the other parts of the 2016 Global Economy & Equity Outlook: Part 1: United States Economy Part 2: Asian and European Economy Part 3: Commodities Market Part 4: Australian Economy Ben Kingsley: So when we look at commodities, obviously the largest commodity is actually cash and the next commodity after that is oil and then iron ...

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RBA Rate Decision – February 2015 – Why did they drop 25 basis points?

So why did the Reserve Bank of Australia (RBA) moved on interest rates this month when most commentators including myself actually thought it would stay at the 2.5% cash rate. The 25 basis points reduction to 2.25%- what's behind that? Well, the story is around our currency and we really need to get our currency lower. I think you'll find the RB...

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2015 Share Market & Equities Outlook – Part 1

2014 Wrap Up and the Oil Market If you've driven past a petrol station recently, you would have noticed the incredibly low price. By now, you would have already noticed the volatility in the oil market in recent months. What does this mean for our economy and the global market? Watch our 2015 Share Markets and Equities Outlook before making any in...

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