Today
Some fundies are not convinced the RBA is done with rate hikes
Fortlake Asset Management’s Christian Baylis has joined a small number of economists who expect rates to rise, not fall. He says inflation isn’t under control.
- 10 mins ago
- Cecile Lefort
ASX to rise, Wall Street rally loses momentum
Australian shares are set to edge higher, the S&P 500 extend ever so slightly its rally into a fourth day. Commodities were modestly lower.
- Updated
- Timothy Moore
Yesterday
Traders trim rate rise bets on patient RBA
The markets are now pricing in just a 15 chance the cash rate will rise again this year after the Reserve Bank stood pat on Tuesday.
- Updated
- Cecile Lefort
ASX to rise, Wall St extends rally into third session
Australian shares are poised to gain, bolstered by the S&P 500’s advance as investors reset their bets on US rate cuts.
- Timothy Moore
This Month
Investors return to Chinese stocks on housing policy hope
Battered Chinese assets are getting a second look as a combination of earnings recovery, policy support and cheap valuations lure investors.
- Charlotte Yang and Iris Ouyang
RBA’s radio silence fuels extreme rate rise bets
Traders’ bet that the RBA will lift the cash rate is fuelled by the central bank’s lack of communications since March as it undergoes sweeping reporting changes.
- Cecile Lefort
Yellen counsels caution on currency intervention after surge in yen
The US treasury secretary said ‘we would expect these interventions to be rare and consultation to take place’.
- Christopher Condon
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.
- Updated
- 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
