Global Markets | Australian shares fall as RBA rate hike hits financials, minersAustralian shares saw a slight dip on Tuesday. The Reserve Bank of Australia increased its cash rate by 25 basis points. This move was anti...
Yen steady, dollar firms on Middle East war fearsGlobal markets remain cautious as Middle East tensions persist, impacting oil prices and investor sentiment. The yen steadied after suspect...
World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...
Global Markets | Australian shares end at one-week high as miners, energy stocks gainAustralian shares closed higher, marking a weekly peak, as mining stocks rallied. Investor sentiment remained cautious following the Reserv...
Currency markets drift ahead of RBA meeting as oil uncertainty weighsThe U.S. dollar saw little change as traders assessed the Iran war's impact, while the Australian dollar dipped ahead of an expected rate h...
RBA keeps cash rate steady at 3.6%, watches future inflation data closely, no relief in mortgage repaymentsThe Reserve Bank of Australia held its cash rate steady at 3.6%, pausing after a previous cut due to a surprising inflation uptick. Despite...
RBA shocks markets by holding rates at 3.85 percent despite disinflation and rising pressure on borrowersThe Reserve Bank of Australia surprised markets by holding the cash rate at 3.85%, despite expectations of a cut. This decision, driven by ...
RBA to cut interest rates in July: What this means for Australian homeownersAustralia's financial outlook anticipates a Reserve Bank of Australia (RBA) cash rate cut of 25 basis points on July 8, 2025, lowering the ...
Australia's central bank cuts cash rate to 4.10%Australia's Reserve Bank has cut interest rates for the first time since the 2020 pandemic, reducing the cash rate by 25 basis points to 4....
Australia, NZ dlrs in demand as rate outlooks divergeThe Australian and New Zealand dollars rose as G7 central banks started easing cycles, contrasting with steady rates at home. The Reserve B...
Australia, NZ dollars skid as global gloom overshadows rate talkThe Aussie was ailing at a three-month low of $0.7046 , having broken support at $0.7050. It shed 5.7% last month as fears of a recession i...
Banks, miners weigh on Australia shares ahead of RBA meetingThe S&P/ASX 200 index closed 0.24% lower at 6,971.6, after losing as much as 0.8% earlier in the session. The benchmark ended 2.2% higher o...
Asian shares mixed as investors await crucial central bank decisionsAsian shares were mixed on Tuesday and currencies held tight ranges as nervous investors awaited several key central bank meetings that cou...
Currencies wait for RBA to kick off big central bank weekThe dollar hovered below recent highs on Tuesday as traders waited for the Reserve Bank of Australia to lead a handful of central bank meet...
Asian markets extend falls as coronavirus spreadsMSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent.
- Australia raises interest rates again
The Reserve Bank of Australia (RBA) on Tuesday raised interest rates 25 basis points to 3.75 per cent to choke off inflationary pressure as...
- Australian interest rates set to fall amid crisis: Economists
Australia's central bank is expected to cut interest rates by up to 50 basis points due to the global financial crisis when its board meets...