Given the current market gyrations, we are going to examine the latest critical data each day, because a week is a long time in politics but a lifetime on the markets at the moment…
The G7 warns against the early deployment of Stablecoins like Libra. https://www.reuters.com/article/us-imf-worldbank-g20-stablecoin/g20-agrees-stablecoins-give-rise-to-serious-risks-press-release https://www.bis.org/cpmi/publ/d187.pdf Share this:EmailPrintTwitterFacebookLinkedInReddit
We discuss the latest credit data from the RBA, APRA and also building approvals from the ABS. Wall to wall disappointment! https://www.rba.gov.au/statistics/frequency/fin-agg/2019/fin-agg-0719.html https://www.apra.gov.au/media-centre/media-releases/apra-releases-new-monthly-authorised-deposit-taking-institution https://www.abs.gov.au/AUSSTATS/[email protected]/DetailsPage/8731.0Jul%202019?OpenDocument...
The Commonwealth Bank subsidiary Bankwest, the 130-year-old former Bank of Western Australia bank announced last Wednesday that it was moving to become a digital-only...