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Wednesday: Oil jumps on Iran attack on Israel

Oil prices have jumped, US Treasury yields US stocks are down and the US dollar is up in a flight to safety after reports that Iran has launched miss…

1 year, 7 months ago

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Tuesday: China stocks, iron ore prices jump

China’s stock market jumps 8.5% as investors rush in. Japan’s Nikkei falls nearly 5% on concerns the new Prime Minister there is an interest rate haw…

1 year, 7 months ago

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Monday: Could Saudi Arabia flood oil markets again?

US inflation kept falling through August. All eyes this week will be on US jobs data on Friday. Australian lending figures may show a rise today. And…

1 year, 7 months ago

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Friday: Gold hits record-high US$2,700/oz

Gold, the S&P 500 and the Euro Stoxx 500 rose to fresh record-highs on enthusiasm about the Fed’s first rate cut and China’s wide-ranging stimulus. K…

1 year, 7 months ago

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Thursday: Services inflation to worry RBA

Australian inflation drops within the RBA’s target band for the first time since October 2021, but sticky services prices could be a concern. The Aus…

1 year, 7 months ago

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Wednesday: RBA didn't discuss rate hike

The Reserve Bank of Australia didn’t consider a hike as it held rates yesterday. Aussie consumer confidence jumps to its highest since January 2023, …

1 year, 7 months ago

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Tuesday: Hawkish RBA could boost AUD

Federal Reserve members are backing their 50 basis point rate cut, supporting views of a soft landing. The Aussie dollar is strengthening ahead of po…

1 year, 7 months ago

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Monday: Oil slide boosting Asian economies

Global markets are digesting the Fed’s super-sized cut and the Bank of Japan’s decision to hold its rates, as expected. Trading and investing focus n…

1 year, 7 months ago

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Friday: Investors celebrate soft landing signs

Global stocks are celebrating the Fed’s big rate cut as confirmation of a soft landing. The Bank of England holds rates, as expected. The Bank of Jap…

1 year, 7 months ago

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Thursday: The Fed's first cut is the deepest

The Fed cuts by a super-sized 50 basis points and signals a total of 200 basis points of cuts by the end of 2025. Indonesia also cuts rates. The RBA …

1 year, 7 months ago

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