Aussie Earnings Season Positive Surprise so Far, but Tide could Turn, Macquarie

Aug 19 Reuters Australian corporate earnings have been a positive surprise amid investor euphoria over estimatebeating margins, but historical trends suggest results could take a turn as the earnings season approaches its end, Macquarie analysts said. Companies have posted betterthanexpected margins, often supported by lower tax and interest costs, with most of them outperforming market […]
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India Cenbank Releases Framework for Financial Market SelfRegulatory Organisations

MUMBAI, Aug 19 Reuters The Reserve Bank of India on Monday issued a framework for recognition of selfregulatory organisations in the financial markets space to help strengthen compliance culture and provide a consultative platform for policy making. The proposed selfregulatory organisations SROs can play a vital role in developing industry standards and best practices and […]
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Sterling Hits 1mth High, Fed Rate Cut Bets Weigh on Dollar

Aug 19 Reuters Sterling touched a onemonth high against the dollar on Monday, as growing bets around U.S. interest rate cuts pushed the greenback lower against other major currencies. Investors are awaiting speeches from Federal Reserve Chair Jerome Powell and Bank of England BoE Governor Andrew Bailey on Friday at the central bankers39; gathering in […]
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Londons FTSE 100 slips, US RateCut Optimism Limits Losses

FTSE 100 down 0.2, FTSE 250 flat Aerospace and defence stocks lead losses Plus500 sees annual results above market view, shares jump Aug 19 Reuters London stocks kickstarted the week on a lacklustre tone, weighed down by aerospace and defence shares, although investor optimism over a potential September rate cut in the United States limited […]
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