The Australia election drama continues. A clear winner did
not emerge from the voting so the political and economic instability will
continue. Prime Minister Turnbull representing the Liberal Party is slapped in
the face and will have to seek help from independents and minor parties to
break a parliamentary deadlock and form a coalition government. Labor Party
leader Shorten proclaims that
[Text is Redacted: Purchase July 2016-07 to Read the Complete Chronology]
BOE is promising to reduce capital requirements at banks and plans to provide stimulus in August. The central bankers are the market.
[Text is Redacted: Purchase July 2016-07 to Read the Complete Chronology]
BOE is promising to reduce capital requirements at banks and plans to provide stimulus in August. The central bankers are the market.
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