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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...
The upcoming week in the stock market is set to be bustling as Jay Powell is slated to deliver his testimony before both the House and Senate on Wednesday and Thursday. It’s unlikely that Powell...
DXY was flat Friday night:AUD flamed out. JPY is absolutely in the dog house:To describe CNY as unconvincing is to give undue credit:Oil and gold are stuck:CommodIties flamed out:And big miners...
There are many factors to consider for choosing how to weigh stocks and bonds in an investment portfolio, and relative yield is on the shortlist. By that standard, the recent surge in the 10-Year...
A fairly solid finish to the trading week across Asian stock markets mainly due to a lower USD after last night’s ECB rate hike. The BOJ held its own monthly meeting with no real change and...
Westpac and Australia’s largest electric vehicle charging network Chargefox have partnered to offer customers who are looking to purchase an EV free public charging.For a period of up to 12...
It was all about the ECB overnight which lifted rates at its latest meeting, following a hawkish pause from the Federal Reserve in the previous session. A lower USD combined with a better than...
The Federal Reserve leaves US interest rates unchanged but signals more hikes are on the cards with some hawkish projections for the economy. July is a 'live' meeting, according to Powell, but a...
Imagine you are about to pause a hiking cycle, and in the run-up to the event, you have stock markets pushing higher and animal spirits running loose: what do you do?You still deliver the pause you...
The Federal Reserve left interest rates unchanged in yesterday’s policy announcement, marking the first time the central bank has not lifted rates since the hiking cycle began in March 2022. But...
Markets ended the day flat after Fed's hawkish pause The pause will help Fed assess effects of previous hikes on the economy A couple of hikes remain on the table before the end of 2023 As expected,...
Green across the board here in Asia as stock markets react positively to the overnight pause from the US Federal Reserve, although the central bank did end with a hawkish warning of more rate rises on...
5 Main Fed Takeaways Fed leaves rates unchanged, dot plot shows +50bp this yr Powell says July is live meeting June pause is not a skip but continuation of moderation Rate cuts "couple years...
Unemployment rate drops to 3.6% in MayNew data revealed by the ABS showed a slight drop in the unemployment rate for May, down to 3.6%. After a slight bounce (3.5% in March to 3.7% in...
DXY sagged last night as EUR bounced:Australian dollar popped and dropped: Oil and gold yawn:Base metals are hoping for China stimulus:Big miners (NYSE:RIO) too:EM stocks having a crack:Junk...