Just Plain Money

The RBA Holds Policy Unchanged as Economic Uncertainty Lingers

The RBA holds steady on monetary policy as the Board considers various scenarios on the economic outlook.

The RBA, Stats, and Capitol Hill Put the Aussie and U.S Dollar in Focus

It’s a relatively quiet day on the economic calendar. That leaves the RBA, stats from the U.S, and progress towards the U.S stimulus package in focus.

The Crypto Daily – Movers and Shakers – August 2nd, 2020

It’s a mixed start to the day for the majors. For Bitcoin, a move back through Saturday’s high would bring $12,000 levels into play.

BP cuts dividend after record loss in second quarter

The net loss, which was in line with analysts' expectations, was largely a result of BP's decision to wipe $6.5 billion off the value of oil and gas exploration assets after it revised sharply lower its oil and gas price forecasts. London-based BP's second-quarter underlying replacement cost loss, the company's definition of net income, reached…

Sony first-quarter operating profit falls just 1.1%, beats analyst estimates

Japan's Sony Corp on Tuesday reported a 1.1% decline in first-quarter operating profit, much milder than market estimates as its gaming business thrived while consumers locked down at home looked for entertainment and downloaded more games. The electronics and entertainment firm posted April-June profit of 228.4 billion yen ($2.15 billion), versus 230.9 billion yen a…

Boeing's 737 Max moves closer to flying again

US regulators have put forward a list of changes needed before the ill-fated planes can restart flights.
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