RBA Governor Prefers Weaker Currency Over Rate Cuts

Dec. 13 (Bloomberg) –- Bloomberg’s Paul Allen reports on the Reserve Bank of Australia’s Governor saying a weaker local currency is preferable over lower interest rates to help spur the nation’s economy. He speaks to Angie Lau on Bloomberg Television’s “First Up.” (Source: Bloomberg)

U.S. Stocks Halt Five-Day Slide: Is the Selloff Over?
22:26 - Julian Emanuel, UBS equity and derivatives strategist, discusses the performance of U.S. stocks with Bloomberg's Betty Liu on "Bloomberg Markets." (Source: Bloomberg)
  • Deep Dive: Are Markets Too Pessimistic?
  • S&P 500's Wild Ride: 27th Day of 20+ Point Swings
  • Options Insight: Has Viacom Hit Bottom?