Market Overview

It will be a strange week, given the calendar’s lunar eclipse on Monday and the market’s closure on Friday. Add to that a PCE report on Friday, the day the market is closed, and a Jay...

Australia’s fourth largest bank has agreed to settle a class action relating to interest charged on debts within credit cards' ‘interest free’ period. Key points ANZ has agreed to...

Global markets US stocks bounced back solidly last week and bond yields declined as the US Federal Reserve retained its expectation of three rate cuts this year at its March meeting – ...

Friday night was a consolidation session for risk markets as they digested all the interest rate meetings of the week, with US bond yields falling slightly while the USD held sway over the currency...

DXY is up and away:AUD was pounded:The AUD short is now ludicrous. It will not be easy to push it lower with this. Then again, ludicrous can become preposterous!CNY broke lower. This does not happen...

The US economy remains on track to post a moderate growth rate in the upcoming first-quarter GDP report, but the expansion shows signs of slowing.Output for the January-through-March period is...

It is long past the time that we face the fact that “Social Security” is facing a retirement crisis. In June 2022, we touched on this issue, discussing the stark realities confronting...

Since the beginning of March, the S&P 500 has been undergoing a nice consolidation, which passed between the day before yesterday and yesterday.However, the index did manage to hit the upper trend...

BOQ initially hit 5.50% p.a on the Future Saver halfway through last year, but had cut back to 5.40% p.a. in late 2023. Key points BOQ has upped the maximum rate on its Future Savers account by 10...

Following the Federal Reserve meeting in the previous session, the USD and bond yields rebounded overnight with the Bank of England holding fire while the Swiss Central Bank put in a surprise rate...

The Federal Reserve lifted its outlook for core PCE inflation in 2024 but reaffirmed expectations that interest rates will probably fall by the end of the year. Despite the apparent conflict, the...

Asian share markets are in a very good mood after absorbing the overnight Federal Reserve meeting that saw the USD slump against the majors and keep equity risk afloat. Australian stocks got out of...

The state has warned it will issue fines of up to $11,000 for individual property managers and $57,000 for real estate companies caught doing “the wrong thing”. Key points The Victorian...

The labour market hasn't been this tight since September last year, when the unemployment rate was 3.6%. Key points The unemployment rate dropped to 3.7% in February, well below forecast. The RBA...