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Published: August 01 2008 Herald Sun
Sonray Capital Markets chief economist Clifford Bennett yesterday said the Aussie would remain under pressure in the short-term as financial markets readjust to the RBA's next move being a rate cut.
Read the full article at HeraldSun.com.au 16/07/08
Published: July 31 2008 written by Clifford Bennett
With Merrill Lynch & Co’s write downs rising to US$18.7 billion over just twelve months, with the latest quarterly addition being US$5.7 billion, the writing is on the wall, and the pavement of Wall Street, that things in the financial district may just still get worse before they get better.
Read the full article at Compare Shares 16/07/08
Published: July 26 2008 Herald Sun
Sonray Capital Markets chief economist Clifford Bennett expects oil prices to consolidate in the $US120 range for several months.
"We are close to the bottom of the oil price falls as most speculators have unwound their positions after getting ahead of the market," Mr Bennett said.
Read the full article at HeraldSun.com.au 16/07/08
Published: July 22 2008 FatCat.com.au
The RBA is likely to keep rates on hold for the rest of the year and beyond, says the chief economist for SonRay Capital Markets Clifford Bennett. However, he doesn’t rule out a rate cut around December or next year. “I think they’ve (the RBA) underestimated how severe the slow-down is in the domestic area of the economy, and that is, to some extent, being disguised by the ongoing export strength, which will remain quite robust.”
Published: July 16 2008 Sky News
Sonray Capital Markets' Clifford Bennett - believes it could reach parity with the greenback within 2 to 3 weeks, IF the US dollar continues to be pummelled.
Read the full article at Sky News 16/07/08
By Stephen McMahon. Published: July 15 2008 Herald Sun
Sonray Capital Markets chief economist Clifford Bennett is forecasting the Aussie could reach parity with the greenback within three weeks as the Australian economy is seen as among the best placed to withstand the US-led downturn.
Read the full article at Herald Sun 15/07/08