POLITICS & POLICY

Australian Dollar Outlook -03 July 2014

Janet Yellen
Bell FX Currency Outlook: The Australian Dollar has retreated from the 0.9500 level of yesterday after a poorer than expected trade deficit figure pushed our local currency down.

Only 13% of Aussies Trust Political Parties

Tony Abbott
Similar to the situation in many countries, political parties and politicians are the least liked institutions in Australia. Only 13 per cent of Aussies trust the political parties, while the most trusted institution is the High Court,
Fireworks light up the sky over the Neva River and the Peter and Paul Fortress during the annual school leavers' night show in St. Petersburg, June 21, 2014.

Fourth of July: Do's and Don'ts On Fireworks On Independence Day

Independence Day, known as "Fourth of July," is commonly associated with parades, barbecues, carnivals, fairs, picnics, concerts, baseball games and family reunions. Also, fireworks give the celebration its "bang." But before lighting those sparkles, there are always safety precautions to remember.
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John Key Pressured to Name Diplomat Accused of Attacking Young Woman

The New Zealand government is under pressure to name the diplomat accused of assaulting a young woman and identify his home country. According to Prime Minister John Key, a court suppression order is blocking the government to reveal the identity of the diplomat who has now left New Zealand.

Australian Dollar Outlook -01July 2014

Bell FX Currency Outlook: With the AUD trading in familiar ranges, the focus will be on the RBA's post-meeting statement released at 14:30AEST today.

New Zealand Anti-Corruption Bill Gets Support; New Law to Give Police ‘Sharper Teeth’

The New Zealand Bankers' Association has expressed its support for Justice Minister Judith Collin's anti-corruption bill to deter domestic and international organised crime. The proposed new law would require banks to report international wire transfers of more than $1,000. The association said the bill can help maintain New Zealand's reputation overseas.
A worker unloads a sack of rice at the central rice market in Jakarta

El Niño 80% Between Oct and Nov – UN’s WMO

The World Meteorological Organisation, the UN's weather agency experts, has placed at 80 per cent the chances of an El Niño weather event recurring in the Pacific Ocean by year-end, between October and November.
A banner that reads "Fukushima" is placed in front of a giant symbolic Japan's national flag to mark the third year anniversary of the March 11, 2011 earthquake and tsunami, at the European Parliament in Strasbourg, March 11, 2014. REUTERS/

Investors of Japan's Tepco Slam Atomic Restarts

Tokyo Electric Power Co (TEPCO), operator of the Fukushima Daiichi nuclear plant that got crippled by a tsunami in March 2011 after a magnitude 9 earthquake struck Japan's shores, has voted down motions to permanently close all its atomic plant projects during its annual general meeting on Thursday.

PM Tony Abbott Secures Support of Clive Palmer to Repeal Carbon Tax

The Australian Senate will vote on the proposed repeal of the Labor government-initiated carbon tax sometime between July 7 and 15. Prime Minister Tony Abbott expressed confidence on Thursday that the legislation would pass following his meeting with Clive Palmer who agreed to support the measure.

Australian Dollar Outlook - 26 June 2014

Bell FX Currency Outlook: The Australian Dollar has rebounded half of one US Cent on the back of weaker-than-expected US economic data overnight, but this data's impact should be short lived.

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