Australia

US stocks and the ASX 200 hit record highs, on Fed rate cuts, growth and Australia’s labour market suggesting the RBA may hold rates steady.

2024-09-20T05:31:55+0100

The AUD/USD dropped last week, impacted by US dollar inflows and Reserve Bank of Australia rhetoric.

2024-09-09T07:01:26+0100

The ASX 200 eased today with Wall Street closed for Labor Day and Federal Treasurer criticising the RBA as he anticipates a soft Q2 GDP print.

2024-09-03T06:46:45+0100

AUD/USD soars to 8-month high on strong CPI data. Investors focus on upcoming economic indicators and Nvidia earnings.

2024-08-28T05:13:48+0100

The Asian session looks set for a weak start in today’s session, with Nikkei -0.07%, ASX -0.10% and KOSPI +0.18% at the time of writing.

2024-08-28T05:03:32+0100

Westpac’s third-quarter profit hits $1.8 billion with strong deposit and loan growth. A2 Milk warns of China market declines despite profit gains.

2024-08-19T08:11:17+0100

The Aussie dollar (AUD/USD) surged amid improved risk appetite and hawkish RBA signals, overcoming challenges from iron ore price drops and China's property market slump.

2024-08-19T07:28:13+0100

Amid global economic uncertainties, the AUD/USD experienced a significant rebound, supported by the Reserve Bank of Australia's hawkish outlook and positive US economic indicators, mitigating fears about a looming US recession.

2024-08-12T07:19:11+0100