RBA cut key interest rate by quarter percentage lowest since 2009 as domestic growth slowdown.Finance ministers and central bank governors of the Group of Seven (G7) will hold a conference call on Tuesday morning due to increasing turmoil in Europe but silver lining on cloud is Germany is sending strong signals that it would eventually be willing to lift its objections to ideas such as common euro-zone bonds or mutual support for European banks if other European governments were to agree to transfer further powers to Europe..
Asad Khan
Financial Analyst (CFB)
050-8774861
asad@cfb.ae
Financial Analyst (CFB)
050-8774861
asad@cfb.ae
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