But that was stated in the article "Pending regulatory and shareholder approvals".

This is really good, Samar.

It is very hard to tell because of Brexit uncertainty and global slowdown. The interest rate has been at zero for years and nothing sustainable has been achieved.

Other factors are very important to that decision. The outcome of US-China trade talk, G20 meeting, Brexit outcoming on December 12 when parliament members are expected to vote. Overall, the US dollar fundamental remained strong but going forward we are expecting huge shares buyback and lack of broad-based investment by business to nullify the advantage of tax cut, especially with rising cost of production and possible tariffs per adventure US and China failed to reach an agreement. However, the decision to sell the US will depend on paired currency.

You are right William. But OPEC and partners will still fall in line at some point, especially after Nov 4 they will be forced to increase production as they don't want to pick a fight with Trump. Nov 4 is when US -Iran sanctions will be activated.

Its a complex situation at this stage. Citizens with substantial savings would enjoy better interest rate while struggling new investment will be affected as the cost of borrowing rose to a record high. Even job creation may dip, except there is enough demand to maintain economic activities. However, global trade tensions and uncertainty surrounding both local politics and Brexit negotiations will play a key role in U.K. economic direction.

If Powell failed to adhere to market expectation yesterday. Not just the equity will tumble, fixed income market will do too. Mario Draghi, ECB president situation was different, he has been insisting on stimulus continuity, saying it is necessary to support the economy until inflation reach 2 percent target. Hence, he was able to build on that yesterday to weaken Euro outlook against the dollar for favourable exports. In the U.S. it is different.

That was a good article James. Thanks.

Gasoline prices contributed 75% of CPI gain in September. Also, weak dollar would help stimulate manufacturing sector and gradually close trade deficit that has been a concern for this administration. It is a known fact that oversea businesses prefer US products for their quality and standard but strong US currency has been huge hindrance. Since the dollar fell against counterparts, manufacturing production jumped to 13-year high, meaning surged in new orders with oversea orders jumping to 57 in the month.

Philip Lowe prefer lower exchange rate as it will help boost exports and aid economic activities. However, drop in commodity prices and Lowe call for lower foreign exchange rate weighed on Australian dollar this week. Again, the uncertainties in the US and how well Donald Trump perform with the proposed tax reforms will determine bearish continuation.