Australian PM Turnbull: Election likely on the second of July

Speaking at a news conference, Australian Prime Minister Malcolm Turnbull noted that a double dissolution election seems likely on July 2. The announcement comes after the Senate shot down his IR laws last night.

Key Quotes:

The election is likely on the second of July

After the May 3 Budget, will ask the GG for that date.

Apr 19, 2016

Asian stocks rebound, track Wall Street, Oil higher

The Asian stock markets staged a solid comeback this Tuesday, after having witnessed heavy sell-off the day earlier, as bulls were rescued by the stro

Iron ore rally to fade on increasingly severe oversupply - Citi

According to Citi bank’s quarterly commodity report, the recent rally in the iron-ore prices is likely to fade on severe oversupply, Bloomberg reports