The Australian dollar climbed sharply last week after the RBA left interest rates on hold and indicated it is unlikely to cut rates in the near future. As predicted by the majority of economists, the Reserve Bank kept the benchmark cash-rate target at 3 per cent, a low previously reached…
The recent capex and exploration expectations data suggest that mining investment may be approaching a turning point. A decline is inevitable: the question is when and how fast. On the basis of past engineering construction commencements, there are reasons to believe that there is a risk of a decline in…
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