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Thursday: RBNZ goes for big cut

Gold surges another 1.8% overnight. The Reserve Bank of New Zealand cuts its cash rate 50 basis points, which sends the Aussie dollar higher against …

8 months, 3 weeks ago

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Wednesday: Gold over U$4,000/oz

Gold rises through US$4,000/oz as fears grow there’ll be a long US Government shutdown. Australia’s labour market continues to ease, and a weak busin…

8 months, 3 weeks ago

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Tuesday: Geopolitics dominates markets

The yen falls and Japanese bond prices slide after the election of a new Prime Minister, who is expected to oppose rate hikes and borrow much more. V…

8 months, 3 weeks ago

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Monday: ANZ Research changes RBA call

The US Government shutdown cancels the release of key US jobs data. ANZ Research has raised its inflation forecast for Australia, and now sees the Re…

8 months, 3 weeks ago

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Friday: Australian spending growth slows

Gold is off its highs as US markets are relaxed about the US Government shutdown. Australian gold exports drop in August after a safe-haven boost in …

9 months ago

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Thursday: Australian house prices jump

The US Government shut down overnight and private jobs data is weak, so bond yields fell and gold rose. The Reserve Bank of India holds rates, but is…

9 months ago

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Wednesday: Doubt grows RBA can cut next month

US stocks soften and gold rises overnight as fears grow about a US Government shutdown. The Reserve Bank of Australia holds rates, and there’s renewe…

9 months ago

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Tuesday: Gold jumps over US$3,800/oz

Gold surges a new record high over US$3,800/oz and US bond yields fall as fears of a US Government shutdown escalate. In Australia, the Reserve Bank …

9 months ago

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Monday: US consumer spending robust

US consumers are in a mood to spend, which is seen backing the Fed Chair’s caution on rate cuts. New Zealand consumers are a bit more confident about…

9 months ago

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Friday: Stocks fall after robust US GDP growth

US bond yields rose and US stocks fell overnight after robust US growth figures reinforced views the Fed won’t cut rates much. So the US dollar rose,…

9 months, 1 week ago

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