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Friday: Markets skittish on oil price fear

Global markets are skittish this morning on fears the conflict in the Middle East will lift oil prices. Australia’s labour market and services sector…

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Thursday: Traders eye Middle East escalation risks

Markets are mixed as traders analyse just how much escalation is possible in the conflict between Israel and Iran across the Middle East. There’s fur…

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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…

2 years 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…

2 years 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…

2 years 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…

2 years 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…

2 years 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, …

2 years 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…

2 years 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…

2 years ago

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