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Found 12 results

  1. Susan from Moneycorp

    That was the week that was.....

    HI everyone, With the currency markets being understandably volatile at the moment, I'm going to start posting our weekly reviews to clarify what really happened once the headlines died down. Here's a summary of last week: https://www.moneycorp.com/en-gb/news-hub/weekly-brief-24-april-2020/ As always, feel free to call for a chat anytime: there are a lot of questions at the moment - and they're all valid ones! 0414 838 586 Susan Watts Director of Business TTT Moneycorp PTY Ltd Australia T: +61 414 838586 Weekly currency summary - 24 April 2020.pdf
  2. Susan from Moneycorp

    £/AU$ markets update from Moneycorp ~

    Hi Everyone, Here's the latest overview that we have regarding the GBP/AUD market: currently 1.9730 as we speak - What’s happening to the AUD/GBP exchange rate? A quick look at the performance of the Australian dollar in the FX market during the global pandemic The Australian dollar has been under pressure all year; as a commodity-based currency, it was among the first to struggle due to the impact of the coronavirus. Now, as the countries implement various forms of lock-down and governments scramble to deliver aid packages to support workers and stalled businesses, the picture has become more complex and there is further volatility in the FX market which is causing fluctuations in the Aussie. The initial stimulus plan announced by the Australian government, including AUD 25,000 to small businesses and AUD 750 to every welfare recipients, did nothing to help the Australian dollar. The measures were announced in concert with a second rate cut from the Reserve Bank of Australia (RBA), which also announced a funding facility for SMEs and a 0.25% target rate for three-year government bonds. Neither did anything to help the Aussie, which fell by an average of 2.1% against a basket of currencies, including three cents to the pound. It isn’t all bad news; the RBA’s AUD 5bn stimulus by buying up government securities did give the Australian dollar a boost and it made gains against the US dollar. The move was seen as a positive for local stock markets which could help the currency in the coming weeks, although investors remain cautious. News from the US Federal Reserve inadvertently provided assistance to the Australian dollar this week at a time when the pound succumbed to the sustained pressure of the crisis. The Aussie made gains against sterling following the Fed’s plans to buy government-backed debt, which led to brief optimism in global financial markets. This optimism extended to a belief in the efficacy of the second coronavirus stimulus package from the Australian government. The relief is now equivalent to almost 10% of Australia’s GDP. At the moment, statistics are largely being ignored but the provisional purchasing managers’ indices from Australia showed a surprise 50.1 for the manufacturing PMI. The composite measure came in at 40.7, however, because the services PMI was recorded at 39.8. The reason that the numbers have such little impact is that such a drop in performance is expected across the globe. The challenge for the Australian dollar is that investors expect that the current crisis may put the country into a prolonged recession. Against the pound, the Australian dollar remains volatile. Both currencies are under pressure and much relies on the effectiveness of the respective government efforts to stem the spread of the virus as well as the economic measures designed to support the economy. The US will also be a factor for both currencies because of the impact on global financial markets and the US dollar is currently under pressure after a support package was stalled in Congress and the government aid response to aid was found lacking. The situation is changing by the hour and if you’re looking to send funds back to the UK or elsewhere in the world, it’s worth working with a currency specialist like moneycorp. As well as allowing you to organise your transfer online or over the phone while you’re staying at home, great rates, low fees and expert guidance on the rapidly evolving market will help you make the most of your money and get it where it needs to be in such difficult times. Moneycorp is a reference to TTT Moneycorp Pty Limited which is registered in Australia (business number 116612858). Its principal place of business is Level 15 Exchange Tower, 2 The Esplanade, Perth WA 6000, Australia. TTT Moneycorp Pty Limited is authorised to deal in foreign exchange contracts and buy/sell quotes to retail and wholesale clients as an Authorised Representative (reference number 445555) of Rochford Capital Pty Limited (AFSL License No. 361276).
  3. Anthony from Moneycorp

    Update on GBP and AUD

    GBP/AUD rose to a fresh 33-month high on weaker than expected Australian retail sale growth Monthly results of Aussie retail sales and trade balance flashed mixed signals for the AUD traders on Thursday. With little economic data on hand to follow, investors may now observe developments concerning Brexit and the US-China trade ahead of Friday’s trade balance figures from China. While the British Pound (GBP) is rising against the AUD, it has its own problems in the form of Brexit. Latest developments say that the EU-UK leaders’ meeting in Brussels summed up without any progress as both the sides continue to jostle around Irish backstop.
  4. popstar999

    NOR markets/flea markets ??

    Hi All, Can anyone tell me if there are any regular flea markets, or markets of any kind (NOR) where folks can set up a stall and sell stuff? I'm not talking about a boot sale...I mean a place where if I sold cakes or clothes, for example, I'd be able to to set up shop? :wubclub: We are in the Jindalee/Butler/Quinns area, but don't mind travelling a bit. Thanks a bunch!! Cx
  5. Hi everyone just after some info on places to get fruit and veg from.Also any places for fish too that doesnt require a bank loan to buy some.We have been upto victoria market in the city but thats too far to travel every week.Surely there must be places similar around our area.Does anyone know of any fish markets where they sell the fish off the keyside when the boats come back in.
  6. Fashionably Late

    Good fruit/veg markets in western burbs?

    I am looking for some good fruit and veg farmers markets in the western suburbs. Does anyone know of some good ones?
  7. Phil & Vikki

    The delights of the markets

    Yesterday we went to the market at the top end of George Street – Paddy’s Market. It was very busy but wow, what a place to go for cheaper fruit and veg. We got some bananas there at $1.50 per kilo. We should of looked around a bit more and not gone for the first ones that we seen as further inside the market they were selling them at $1 per kilo. In saying that, it is still so much better than going to Coles or Woolworths and buying them for $5 - $6 per kilo. That is what we found for most of the things there, there was good savings to be had and the quality was good too, which is always a bonus. Finding this will help bring our weekly shopping bill down a nice amount. When in there we did see the fish and sausages being sold in one little section, but there was not any meat sellers there, or none that we could see. Does anyone know of any meat sellers/markets in Sydney that they would recommend? If we could find meat, we would really be able to cut the shopping bill down to a nice manageable amount for the four of us.
  8. anyone up for a night at the suzuki night markets please pm for details
  9. emmaj

    Fruit & Veg Markets?

    Can any recomend any fruit and veg markets NOR? I know they sell these things at coles etc but i fancy going to a market. Doesnt have to be the cheapest, just great quality and lots of choice. Thanks Emma x
  10. Hi everyone im full of stupid questions tonight but hey Iv read on here before about fruit markets in the northern subs of Perth can anyone tell me were they are please Thanks Julia
  11. Petals

    Markets and other things

    Posted this on another site but thought not everyone might see and it may be of interest to some of you. I know some of you already know that most areas these days have Farmers Markets where locals bring their produce to sell. They are very popular and if you want lovely fresh food they are the places to go. They also introduce people to new providers of meat and veg and speciality foods. Red Hill on the Mornington Peninsula has a market each Month during the summer and its a good market for a visit. Mornington Race Course also has a market once a month in the summer and a lot of craft and nice for a morning out. Pearcedale and Tyabb both have farmers markets. Tyabb has antiques which are worth a visit if you want to have a themed house. Frankston has market every Sunday but I have not been for ages as they moved it and I sort of lost interest in that one as its not as big now. Wednesday morning market in Mornington as residents here will know is well patronised. Car boot sales are held in most areas as well where we sell our junk. Garage sales some people love them and visit them good for homewares. Also you can join the Frankston Freecycle Group and there are other groups in other areas, this is where you get rid of the bed for free and find a barbecue for free or other things. Works very well especially if money is short. and also if money is not short. FrankstonOzFreecycle : FrankstonOzFreecycle ™
  12. As a believer in getting fresh produce grown locally, I wondered if there were any Farmer's Markets in Perth and where they were located. After searching the web, I have found one main one in East Perth and one in the Claremont Primary School. Are there any SOR, particularly in the Freo area?