Online Trading and Investing Journal

The Australian Dollar fell as the Reserve Bank of Australia kept interest rates on hold at 3% and said that accommodative monetary policy remains “appropriate”, upsetting expectations of traders that had been looking for a more hawkish outcome.
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The rate at which people were late making auto loan payments rose in the second quarter as consumers struggled amid rising job losses.
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Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the year’s biggest media deal, banking on Marvel’s pantheon of superheroes to broaden its lineup of movie franchises that appeal to boys.
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The dollar was mixed Monday against major currencies after a plunge in China’s main index prompted a decline in world markets and fueled concerns about the economy.
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