Asian stocks ended mixed on Wednesday as upbeat U.S. economic data released overnight led investors to scale back Fed rate cut bets.
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“I can’t see how the Aussie dollar falling like this can make it any easier for the RBA to contemplate a rate cut,” said Warren Hogan, chief economist at Judo Bank. Judo Bank’s Warren ...
Global stock markets climbed in 2024, helped by falling inflation and the US economy’s success in avoiding a hangover from a strong post-pandemic recovery. While Europe and the UK struggled to make ...
One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another ...
The Reserve Bank has been warned by the IMF it may need to raise rates if inflation can't be tamed. Photo: AAP The Reserve Bank of Australia says it will soon be able to start cutting interest ...
Minutes of the RBA board’s December meeting, at which the official cash rate was kept at 4.35 per cent, reveal a marked change in the bank’s outlook for the economy and inflation that sparked ...
Inflation and unemployment data in January will be key to the RBA board’s decision on interest rates. Robert Duong The minutes of the RBA board’s December meeting warned the bank had ...
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction. The latest minutes of the RBA’s monetary ...
Gold prices rose in Pakistan on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 23,454.85 Pakistani Rupees (PKR) per gram, up compared with the PKR 23,383.39 it cost ...
The RBA noted that inflation had eased largely in line with its expectations in recent months, although underlying inflation still remained well above the central bank’s 2% to 3% annual target ...