I don't think RBA is going to be increasing the cash rate anytime soon. That will cause a massive uproar. Everyone's struggling enough as it is, with how high the interest rates are in comparison to the last few years. The RBA wants inflation to get between 2 to 3 per cent before it considers rate cuts but the bank projects that will come in the second half of 2025. Considering inflation remains well above that target, it's unclear whether the central bank will hike rates to force that number ...
The RBA will hold its cash rate at 4.35 per cent for a sixth straight meeting on Tuesday (Aug 6), economists predict. The board’s decision will be released at 2.30 pm in Sydney together with the bank’s quarterly update of economic forecasts, followed an hour later by governor Michele Bullock’s press conference.$ASX 200 (LIST91328.AU)$
Any hawkish signs from the RBA are likely to further batter Australian stocks, with regional markets already nursing steep losses from a broader risk-off sentiment. The ASX 200 fell sharply in recent sessions after hitting record highs as recently as last week. High-for-longer interest rates bode poorly for most Australian businesses, especially given that they are already grappling with weak overseas demand. Australian bank stocks, however, may ...
The second half of the year usually kicks off with a bang as investment managers deploy capital from profits taken off the table in late June. This is what makes July traditionally one of the best months for equity returns for US and Aussie shares. In fact, over the last 20 years, the best performance is seen in July, with the S&P 500 gaining 2.6% on average, while the ASX 200 has generated the best return in July as well, with an averag...
-1.8% to 84.4 vs +6.2% February (readings below 100 indicate general pessimism vs above 100 indicates general optimism) Now marks 24-months since Australian consumers were optimistic Households are disappointed with a lack of certainty around timing of rate cuts / not getting one yet Also concerned about finances (-1.4% to 65.2) and economic outlook over the next 12-months (-4.5% to 84.9) $ASX 300 (LIST91329.AU)$$ASX 200 (LIST91328.AU)$$S&P/ASX 200 (.XJO.AU)$
Unemployment is a lag indicator - the changes have already occured by the time the data is out. If there are truly mass redundancies across the we should see it in future data releases. Also, construction, mining and healthcare are massive employers and still competitive job markets. $S&P/ASX 200 (.XJO.AU)$$ASX 200 (LIST91328.AU)$$Westpac Banking Corp (WBC.AU)$
The RBA wants inflation to get between 2 to 3 per cent before it considers rate cuts but the bank projects that will come in the second half of 2025.
Considering inflation remains well above that target, it's unclear whether the central bank will hike rates to force that number ...
The ASX 200 fell sharply in recent sessions after hitting record highs as recently as last week.
High-for-longer interest rates bode poorly for most Australian businesses, especially given that they are already grappling with weak overseas demand.
Australian bank stocks, however, may ...
In fact, over the last 20 years, the best performance is seen in July, with the S&P 500 gaining 2.6% on average, while the ASX 200 has generated the best return in July as well, with an averag...
Now marks 24-months since Australian consumers were optimistic
Households are disappointed with a lack of certainty around timing of rate cuts / not getting one yet
Also concerned about finances (-1.4% to 65.2) and economic outlook over the next 12-months (-4.5% to 84.9)
$ASX 300 (LIST91329.AU)$ $ASX 200 (LIST91328.AU)$ $S&P/ASX 200 (.XJO.AU)$
$ASX 200 (LIST91328.AU)$
Also, construction, mining and healthcare are massive employers and still competitive job markets.
$S&P/ASX 200 (.XJO.AU)$ $ASX 200 (LIST91328.AU)$ $Westpac Banking Corp (WBC.AU)$
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