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Global markets have remained relatively calm over the past week even as Fed Chair Jerome Powell reiterated a hawkish stance, signaling a possibility of additional rate hikes.However, as we conclude...
This means property prices have risen 3.4% since bottoming out in February. Key points Australian property prices rose 1.1% in June. This is a slowing in the growth rate, but prices have overall...
It can be hard work to build your savings over time. It doesn’t just come down to how much you’re putting away after each pay check - although we all know the higher, the better. The...
It will be a holiday-shortened trading week, with Monday being a half day, while the market will be closed on Tuesday. This will be a hectic week with a lot of data. Starting Monday with the ISM data...
As another potential rate hike looms on 4 July, markets and economists remain divided as to whether the RBA will increase the cash rate to 4.35%.Over the past 14 months, the RBA has continued its...
Global MarketsSolid economic data and a reasonably benign inflation report provided further reassuring signs to Wall Street last week that the US economy remained on a “soft landing”...
July is expected to be another volatile month on Wall Street amid a plethora of market-moving events. Investor focus will be on the U.S. jobs report, CPI inflation data, the Fed’s policy...
Millions of young Americans will face the end of the student loan payment moratorium this summer. Why is this happening now, after a three-year break from payments? It is the result of the recent...
In times of market turbulence, stable insurance companies are great investment options Some of them offer stability to portfolios during volatile times, along with decent long-term returns Let's delve...
All eyes on central bankers overnight as ECB President Lagarde, BOE Governor Bailey and Fed Chair Powell gave their thoughts in respective speeches that put a dampener on Wall Street’s recent...
DXY is grinding higher:AUD was pounded lower against USD and EUR:Oil is cooked and gold flagging:Dirt was hosed:Big miners (NYSE:RIO) too:EM stocks (NYSE:EEM) are back in the mud:Though junk...
Yield curve inversions, as we currently have, portend recessions. Banks use time and credit arbitrage to make profits. Our proxy for lending profitability is at 25-year lows, resulting in tightening...
The consumer price indicator rose 5.6% in the twelve months to May, compared to 6.8% in April.This is the lowest inflation has been since April 2022 and lends weight to market expectations the RBA...
DXY eased last night EUR popped. A little lift in CNY aided the latter: AUD trod water: Oil needs another output cut: Dirt was mixed: Miners (NYSE:RIO) lifted with iron ore: EM stocks...
US consumer confidence surprised to the upside overnight, with new house sales and durable goods orders also lifting unexpectedly, staving off rumors of an imminent US recession. This was enough to...