This Month
Economists call for tighter immigration to help RBA’s inflation war
Economists from some of the largest banks are urging the government to restrict migrant visas to help ease the housing crisis that is pushing rents and prices of goods higher.
- Cecile Lefort
Why anger is rising over Japan’s ‘dangerously’ weak yen
Ryohei Kim is furious at the Bank of Japan because of the record-low yen and the impact it is having on his beloved video games.
- Jessica Sier
- Opinion
- Opinion
The two big threats haunting global sharemarkets
Investors appear to have moved on from the news that US interest rates will be higher for longer, but analysts warn of two lurking dangers that risk puncturing their optimism.
- Karen Maley
ASX to lift; Traders now turn to key US jobs data
Australian shares are poised to rise as tech stocks drove higher ahead of Apple’s earnings. Traders are also gearing up for the US jobs report tonight.
Markets cheer after Fed chief rules out rate increases
Traders have ramped up US rate cut bets this year after the Federal Reserve kept interest rates on hold, but the prospect of higher rates in Australia this year is still on the cards.
- Cecile Lefort
ASX to lift; Powell says rate increase is ‘unlikely’ as Fed holds
Australian shares are poised to rise after the Federal Reserve held interest rates unchanged.
Fed, RBA to talk tough on inflation and rates
The central banks are expected to take harsher tone on tackling inflation at their upcoming policy meetings, further tempering rate cut hopes that have underpinned equities this year.
- Cecile Lefort
ASX to drop as hot US labour data sinks Wall Street; Oil falls
Australian shares are poised to fall as Wall Street took a sharp turn towards a monthly loss on hotter than expected labour costs data.
April
Why now is the time for Aussies to book a flight to Tokyo
The Australian dollar hit a near-decade high against its Japanese counterpart. But history shows such gains could quickly reverse.
- Joshua Peach
ASX to open flat; Wall Street picks up with Fed in focus
Australian shares are poised to open flat as Wall Street picks up with traders looking ahead to the US Federal Reserve’s rates decision meeting this week.
Yen drops to a 34-year low; will authorities step in?
The steep sell-off in the Japanese currency to the lowest level since 1990.
- Updated
- Cormac Mullen
RBA’s next move will still be a rate cut, say investors
Market pundits argue that interest rates are still going down, not up, because inflation is declining, albeit at a slower pace than many had expected.
- Cecile Lefort
Javier Milei fuels wild rally that makes peso No. 1 in world
The currency has, in fact, not only stopped plunging day after day but in one key foreign exchange market, it’s actually rallying sharply.
- Ignacio Olivera Doll
Market bets the RBA will raise rates by August
Traders are ascribing a more than 50 per cent chance the Reserve Bank will lift the cash rate as early as in August to stamp out inflation.
- Cecile Lefort
ASX to drop; Wall Street falters on US economic data
The ASX is set to drop as Wall Street took fright after US economic data revealed “the worst of both worlds” - a slowdown in the economy and inflationary pressure.
Traders see zero chance of RBA rate relief
The bond market has completely removed any chance of an easing in 2024, making Australia the only major economy where rates could rise.
- Cecile Lefort
Wall Street drifts after hot streak, Tesla soars; ASX closed
Wall Street is drifting after a two-day hot streak with car maker Tesla surging but other tech stocks mixed. The ASX is closed for Anzac Day.
- Natasha Rudra
Traders speculate RBA’s next move could be up
The Australian dollar jumped and bonds sold off after inflation beat forecasts, prompting traders to abandon almost every basis point of easing in this year’s cash rate profile.
- Updated
- Cecile Lefort
ASX to rise; Inflation figures in focus
Australian shares are poised to rise as Wall Street continues to rebound on the strength of the tech megacaps and the ASX looks to March CPI figures.
ASX to lift as Wall Street jumps ahead of big earnings week
Australian shares are poised to rise as Wall Street shrugged off a $US2 trillion sell-off with the S&P breaching 5000 points and the Magnificent Seven megacaps set to report this week.
