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One of the things which alternately frustrates and fascinates me is the mythology surrounding the idea that the central bank can address inflation by manipulating the price of money, even if it...
Asian stock markets are selling off sharply as risk appetites dry up with tonight’s BOE meeting possibly adding fuel to the fire as another central bank that is likely to hike going into...
A new PropTrack report has revealed the 10 suburbs in Australia where property prices have doubled the quickest, relative to May 2023. Key points Despite a fluctuating market, several Aussie...
Who is the man behind our impending economic downfall? Phil Lowe.Who is steering a generation of young Australians towards financial doom? Phil Lowe. Who essentially made a promise he couldn’t...
DXY was down last night, EUR up:AUD firmed:CNY will govern its course:Commods were mixed:Big miners (NYSE:RIO) weak:EM (NYSE:EEM) too:Junk (NYSE:HYG) is no man’s land:As yields rise to Fed...
BitcoinBitcoin seems to be the flavor of the day, and everyone seems to be talking about it once again. The thing is that fundamentals have started to shift for Bitcoin in terms of news flow. For...
The RBA has handed down its 12th cash rate hike, taking the rate to 4.10%, the highest cash rate in around 11 years.While mortgage holders have felt the brunt of the rate rises, savers have reaped the...
Wall Street slumped after the long weekend pause despite a big lift in housing starts that was overshadowed by a drop in the Philadephia services index. European markets continued their own...
The US economy is still on track to expand in the upcoming second-quarter GDP report, but today’s revised estimate marks a slowdown from recent nowcasts, based on the median estimate via several...
Traders have been nervous and worried about the Chinese economy not picking up strength, and the recent data continued to play the drum that economic growth is slowing down. When China began to...
Red across the board again for Asian stock markets except local shares as the latest RBA Minutes were released showing less desire to raise rates as the board wants unemployment to tick higher. The...
Both listings and enquiries are surging on apps that connect people with space to rent out with those looking for storage. Key points Demand is surging on space sharing apps such as Parkhound and...
Global marketsIt was another encouraging week in global markets, with investors taking the ‘hawkish pause’ by the US Fed well in their stride. Although the Fed did pause as widely...
A drab start to the trading week across Asian stock markets mainly due to lower expectation of Chinese growth and interest rates while a slightly higher USD also didn’t help. Local stocks were...
Last month, Westpac announced it would allow certain customers who were unable to refinance with a strict 3% buffer to instead be tested against a 'modified Serviceability Assessment Rate.' Key...