Australian Labor Party Facing Heartland Fight

July 5 (Bloomberg) -- Bloomberg's Paul Allen reports on the challenges facing reinstalled Labor leader Kevin Rudd in the party’s heartland, a mass of suburbs where about 10 percent of Australians live and which produced prime ministers Gough Whitlam and Paul Keating. While it has held five of the area’s 10 federal districts for at least 29 years, polls before the June 26 ouster of unpopular Gillard showed Labor’s eight seats faced a swing to the opposition. (Source: Bloomberg)

Saywell: No Environment for Three Fed Hikes in 2017
26:04 - Steven Saywell, global head of FX strategy at BNP Paribas, talks about the Federal Reserve's rate path in 2017 as he doesn't see the Fed moving at all throughout the year. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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