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New Zealand

Australia cuts as global growth slows

My thesis for the global economy right now is that global nominal GDP growth will continue to slow, leading to more policy accommodation, with the outliers converging toward zero. The question mark in this is the Federal Reserve. Generally,…

Ten Big Issues Affecting Global Markets

By Marc Chandler  The dollar is the king of castle, extending yesterday's post-Fed rally across the board. Emerging market currencies have been particularly hard hit and we note that the Turkish lira is at new record lows.  Asset markets…

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