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The RBA has delivered its last gift to Australians for the year, increasing the cash rate by 25 basis points in December to 3.10%.The 25 basis point hike marks 300 basis points’ worth of...
Mixed FeelingsA 24 point gain for the ASX200 seemed about right yesterday following Friday’s fall. The index was up 50 points at lunchtime, wiping out Friday’s losses, but faded through...
DXY is back with a bang: AUD was smashed:Oil has a very bearish chart. If that support breaks then look out:Metals rolled:Miners (NYSE:RIO) too:And EM stocks (NYSE:EEM):Plus junk (NYSE:HYG):As...
Last night’s US ISM services PMI shot higher than expected, sending USD back into uber-strength and making Wall Street get the willies, with near 2% falls across the board. This will translate...
The Financial sector dropped 0.5% last week and was the second-worst performing sector after Energy's 1.7% selloff.Over the last, month the two sectors have maintained a similar relationship. Energy...
U.S. Treasury market ETF capped off last week with big gains Sub-50 ISM manufacturing index suggests the economic backdrop not so rosy Focus shifting from inflation worries to recession fears The bond...
Oil jumps before coming off peaks on uncertainties over Russia embargo impact China’s reopening of cities from lockdowns also being closely watched OPEC+’s decision to stand pat on its...
For the final time in two months, the RBA will meet Tuesday to determine the cash rate for December with forecasts pointing to another 25 basis point increase.This comes despite weaker than expected...