02.09.2016 - Commodity prices signal improved economy
The financial services firm pointed to recent readings from the Reserve Bank of Australia’s (RBA) commodity price index, with Fiducian investment manager Conrad Burge saying this could cause a turnaround in the country’s terms of trade. “The RBA index of commodity prices actually picked up somewhat in July and as a result, national income measures, which reflect ‘the real purchasing power of income generated by domestic production’ could also now be moving up once again after a long period of weakness,” he said...............................................Full Article: Source
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