Progressive Equity Advisors Ltd
January 24, 2012 Comments Off
The Progressive team has decades of financial markets experience across Europe, the Middle East and Asia. We have successfully worked with dozens of asset managers and thousands of investors helping them achieve their strategic and investment objectives.
We offer a broad range of services and access to a select range of investment funds. So whatever your investment aims are, the Progressive team can help you achieve them smarter, faster and better.
Michael A. Young, CFA
Head of Advisory Services
Progressive Equity Advisors
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Contact Details
January 23, 2012 Comments Off
Progressive Equity Advisors Limited
83 Long Lane
London
EC1A 9ET
United Kingdom
Web: http://www.ProgressiveEquityAdvisors.net
Email: Info@ProgressiveEquityAdvisors.net
Tel UK: +44 20 3239 2215
Tel HK: +852 300 85878
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Market Commentary 22nd May 2013
May 22, 2013 Comments Off
Australian Dollar:
After initially drifting lower yesterday the Australian dollar rebounded in afternoon trade following the release of minutes from the Reserve Bank’s most recent meeting. Having cut the underlying benchmark rate from 3 per cent down to 2.75 per cent no indication was given towards the timing of future cuts which was viewed in a positive light by investors. Whilst the easing bias is set to continue from a Monetary Policy stance policy makers were keen to point out that households have to some extent taken advantage of the cheaper borrowing rates on offer. Rebounding well from intraday lows of 0.9750 against its US Counterpart overnight, movements were limited as investors continue to speculate on whether the US Federal Reserve will end its bond-purchasing program ahead of Ben Bernanke’s testimony before the Congressional committee meeting this evening. Opening this morning clinging to the 98 US Cents level, recent ranges are expected to hold today leading into the North American session tonight. We expect a range today of 0.9770 – 0.9840.
