Global Markets | Australian shares jump as weak jobs data tempers RBA rate-hike betsIndian markets saw a strong rebound on Thursday. Weak employment data in Australia eased rate hike fears. Hopes for a US-Iran peace deal al...
Global Markets | Australian stocks rebound from 7-week low as RBA minutes hint at near-term rate pauseAustralian shares rebounded as the Reserve Bank of Australia's minutes signalled a cautious approach after three interest rate hikes. Polic...
Global Markets | Australian shares fall for third day as banks weigh ahead of federal budgetAustralia's stock market saw a decline for the third consecutive day. Banks led the losses as investors anticipated a federal budget focuse...
Global Markets | Australian stocks recover as banks, miners advance on improved risk sentimentAustralian shares rebounded strongly, driven by gains in banks and miners, as positive developments in U.S.-Iran relations boosted investor...
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...
Global markets | Australian shares slip as RBA decision looms, NAB posts profit missAustralian shares declined on Monday. The S&P/ASX 200 index closed lower. NAB reported a miss in half-year earnings, affecting market senti...
Oil Shock, Jobs Data & Global Risks: Markets brace for a volatile weekGlobal markets enter a volatile week as oil prices surge amid Middle East tensions, raising inflation and growth concerns. Investors track ...
Global Markets | Australian shares snap eight-session losing streak; miners lead broad gainsAustralian shares rose for the first time this week on Friday, with miners leading a broad-based rebound, as an overnight pullback in oil p...
Global Markets | Australian shares end lower; softer-than-expected core inflation limits slideAustralian shares closed at a near four-week low on Wednesday but pared early losses after a softer-than-expected measure of core inflation...
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...
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...
Aussie hope for interest rate cut crushes as new inflation data shocks expertsAustralia's key inflation measure, trimmed mean, has climbed to 3 percent. This unexpected rise dashes hopes for an interest rate cut by th...
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 ...
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...
Economists strike a discordant note over Australian Reserve Bank's mortgage interest rates. Read details hereAccording to data from Canstar, if the cash rate peaks at 2.6 per cent, the monthly payment on a $1 million mortgage would increase to $566...
- 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...