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Qantas Airways Ltd (ASX:QAN), Australia's leading airline, is on track to surpass its previous record profit of A$1.5 billion by a staggering $1 billion this year. The company anticipates an...
Good afternoon, traders; welcome to our market week preview, where we take a look at the economic data, market news, and headlines likely to have the biggest impact on the price of gold this week and...
U.S. shares led rallies in equities markets around the world in the trading week through Friday, May 19, based on a set of ETFs. The rest of the major asset classes lost ground.Vanguard Total Stock...
Global marketsConcerns over US debt ceiling negotiations were the primary factor affecting global markets over the past week, with hopes that a deal is close generally helping to support stock prices....
DXY took a breather Friday night:AUD held on: Commodities too:And miners (NYSE:RIO):EM stocks (NYSE:EEM) are dead:EM junk (NYSE:HYG) has declared an end to the Chinese rebound:The Treasury curve is...
The risk of recession remains elevated, according to several indicators, but the soft-landing scenario isn’t dead. Support for the relatively upbeat outlook includes estimates for second-quarter...
After consecutive months at 3.5%, the seasonally adjusted unemployment rate rose to 3.7% in April.The number of employed Australians decreased by 4,300, while there were 18,400 more unemployed...
This comes as CommBank iQ’s latest Cost of Living Report across a dataset of 7 million Aussies revealed annual spending to the March 2023 quarter increased 3.4% for those under 35, compared to...
Warnings that the US economy is close to the tipping point for recession have endured for months, but the expansion keeps surprising on the upside. More of the same is likely for the immediate future...
Again only Japanese stocks are extending their own gains as a cautious mood prevails over other Asian stocks today due to the ongoing volatility on Wall Street from the debt ceiling debacle. Only...
Alex Bank began offering personal loans in 2018, and introduced waitlisted savings accounts shortly after APRA granted the banking licence.Five months on from receiving its unrestricted banking...
In the public sector, base pay packets recorded the highest quarterly (0.9%) and annual (3%) wage growth for the sector in a decade. Key points ABS Wage Price Index (WPI) revealed wages grew 0.8%...
Last night saw US stocks breakdown at the end of the session as the debt ceiling shenanigans in Congress ended in deadlock again. This came after the USD lifted again with all the major currencies...
The world is full of economic concerns. Inflation, economic slowdown, global trade, and international war.So what’s next? Today’s chart might share a glimpse into the future. Below is a...
The Westpac-Melbourne Institute Consumer Confidence Index fell 7.9% in May to 79.0, with the sharpest falls seen amongst those on low incomes, renters, mortgagees and women. Key...