this is why you cant negotiate china on trades. they set the yuan reference rate...so they can do whatever they want to keep it low if they wish to continue to bring costs for outsiders to manufacture in china...then steal the technology to make it ...

The People's Bank of China (PBOC) set the yuan reference rate 6.7151 vs the previous day's fix...

really??? so scared that your JPY will get too strong~

Japan wants frictionless UK-EU trade after Brexit: ambassador

so...how do we take it from here boys? now back above .71 mark.....this taken back to 72 or retest the 70 mark.....i think every bad news possible has been baked in....from multiple cuts priced in to china throwing them away with housing going ...

Lowe says it's unlikely rates would go up this year, need an unexpected lift in inflation

falling real estate is the root of all financial crisis...unmovable assets borrowings that are larger then the price of the asset you own...like paying back money on something that is better off dead.

China's Dalian Customs Bans Australian Coal Imports Indefinitely - Source

are you really serious??? listen im not a fan of china policy....they dont negotiate...only one they are willing to do is with usa because they are the only one that could cripple them.

China's Dalian Customs Bans Australian Coal Imports Indefinitely - Source

it looks like it will hit it today mate

Westpac now expects the Reserve Bank to cut the cash rate by 25bps in both August and November...

Since they can't take it out on USA....they take it out against Austrailia....I would not be surprised if Trump pulls off a coal export to China trade...lol kill smaller free country for a bigger free country.

China's Dalian Customs Bans Australian Coal Imports Indefinitely - Source

this is going to mess up their whole trade balance forcast and massive crippling effect for rest of market sentiment and business confidence.

China's Dalian Customs Bans Australian Coal Imports Indefinitely - Source

what the hell is going on here?

PBOC is likely to cut market-based interest rates, make further RRR cuts to spur credit -...

hi Aussi...apparently this has been in the traders for the better part of this month...why this hitting across now?? was this in any news in Australia prior to this?

China's Dalian Customs Bans Australian Coal Imports Indefinitely - Source

usually bankers no more than the politicians...what you think? RBA only goes with passive thoughts...banks try at least perceive risk.

Westpac now expects the Reserve Bank to cut the cash rate by 25bps in both August and November...

hmmm Europe going to be opening and in 6 hours the USA traders are in.....they are going to pound this down...chart looks so broken its disgusting.

China's Dalian Customs Bans Australian Coal Imports Indefinitely - Source

now that rate cut just became...ummmm like now not later...this is sick.

China's Dalian Customs Bans Australian Coal Imports Indefinitely - Source

if this is true.....your literally putting Australians coal trade out of business...this is the biggest news i heard that could physically cripple Australia...wow

China's Dalian Customs Bans Australian Coal Imports Indefinitely - Source

haha....cant take the hear is it tusk??? no who's shaking...EU or British...you think Britain is not playing you with a threat??? lol you thought your threat could work? 5th largest economy is about to leave you...yes little bit scary right? couldnt ...

Tusk: Delaying Brexit better than no deal

if one of the oldest and largest bank is telling you they expect the rates to be cut 2 times in the upcoming year....what do you think they will do on loan and card applications...sorry wrong denied killing the economy...unless of course...govt ...

Westpac now expects the Reserve Bank to cut the cash rate by 25bps in both August and November...

if you think they are going to finish all this is a joke....all of sudden 9 days out and there you have a sketch outline and there issues that will never be able to committed like the currency....you cant force a currency value, it has to be run ...

U.S., China sketch outlines of deal to end trade war - sources

at least the Australians are admitting and the bad economy and looking for ways to drive out...these new Zealanders are drinking too much milk-aid

NZ Ministers Say No Need For Major Overhaul Of Tax System

lol...this is a joke country....so much manipulation going on....if you only been to nz....its the most developed country on a farm standpoint.....its got a huge downfall and these inexperienced ministers are going to drive them to the ground....as ...

NZ Ministers Say No Need For Major Overhaul Of Tax System

hmm...so USD is gaining multi months highs against CHF. JPY is not losing any ground at all.

US Dollar firms, Aussie weakens as fresh growth worries prop up safe havens