Another huge session for crude oil overnight with WTI and Brent front-month futures surging 5%. From their recent lows both have now put on in excess of 21% with the former,...read more
This afternoon the Reserve Bank of Australia cut the official cash rate by 0.25% to 2.25%, an all-time record low. In a clear sign that further rate reductions are likely the monetary policy statement was incredibly dovish, even considering that rates were cut, with...read more
“I have been asking myself what can we do that will be most conducive to supporting confidence, predictability, the sense that people can make some plans for their business, their own life, whatever it might be, and the view I came to pretty early on was: what we...read more
Talk of a possible Greek debt compromise hit the wires earlier this morning with markets, well, largely stocks, rallying hard in the period following its release. For all those...read more
Chinese manufacturing activity contracted for the first time since September 2012 in January with the NBS PMI gauge slipping to 49.8. The reading was below the 50.1 level of...read more
The views presented by David Scutt are general in nature. The information provided should NOT be used by investors as financial advice. Each investor has a specific set of circumstances to be considered and any investment should only be carried out after consulting your own financial advisors.