Market Overview

The latest GDP data for the US economy presented a positive surprise, as it increased by 2.4% instead of the expected 1.8%. This suggests that the economy is improving and may not face a recession,...

While a high cash rate can mean pain for mortgage holders, it also usually means it’s a great time to be a saver. As the RBA have raised rates, returns on term deposits and savings accounts have...

The Australian Financial Complaints Authority (AFCA) has been hit with an ‘unprecedented rise’ in complaints as cost-of-living pressures bubble over. Key points Australians lodged...

DXY has confirmed a false breakdown and EUR a false breakout: AUD follows the latter:   Commodities were all hosed: Big miners (NYSE:RIO) too: EM (NYSE:EEM) trying, failing: Junk...

The Fed raised interest rates by 0.25%, as expected Fed Chair Powell expressed uncertainty about achieving the 2% inflation target by 2025 Meanwhile, markets fluctuated and closed with uncertainty...

Asian stock markets are having a solid day after yesterday’s Chinese led stumble, absorbing the as expected rate rise from the US Federal Reserve overnight. Tonight however we wait to see if the...

CoreLogic’s Mapping the Market analysis revealed nearly two thirds of unit suburbs across the country recorded an annual increase of 10% or more, as did more than a third of housing markets. ...

Jerome Powell and his colleagues endlessly reassert their “higher for longer” plan for interest rates. They aim to weaken economic growth, bringing inflation back to pre-pandemic levels....

The Federal Reserve is expected to raise interest rates by 0.25% on Wednesday to the highest since 2001. Despite hawkish warnings from Fed Chair Powell, the majority of traders are betting that this...

Underlying inflation, which excludes short-term seasonal impacts, was 5.9%, compared to 6.6% in March. Key points Inflation rose 6% in the year to the June '23 quarter, up 0.8% quarterly. Headline...

In its latest World Economic Outlook, the International Monetary Fund (IMF) said it expected growth in the global economy to slow from 3.5% last year to 3% this year amid high inflation, a slowing...

DXY was flat last night:AUD popped:OIl and gold were stable:Dirt lifted but this is not your grandfather’s Chinese stimulus:Miners (NYSE:RIO) went stupid. Good short here:EM (NYSE:EEM)...

Overnight saw Wall Street put in another strong session on the back of a two year high in US consumer confidence as traders position for tonight’s FOMC meeting. The USD remains firms against the...

There’s an aspect of the higher interest rate structure we are now blessed/cursed with that hasn’t gotten as much airplay, but which is great news for dealer desks and also a good thing...