The RBA is set to release its February monetary policy decision on February 18. The market now sees a 90% chance of a 25 basis point rate cut, which would bring the cash rate down from 4.35% to 4.10%. If the RBA cuts rates in February, it would mark the first rate cut since the cash rate was raised to 4.35% in November 2023, and the first in over four years, signaling Australia's official entry into a rate-cutting cycle. RBA rate cu...
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Finishing in red.. thats one last f$%k you from instos to retail for the year. If only 2025 is the year instos got investigated for the manipulation, doubt will happen Asic well in the pockets. ASX, markets in general corruption incarnate.
SnowVested
ces short
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if you read some, Jan is the tax write off month, selling to cover the capital gains with losses. but hey, could be Americans selling off the ASX to buy more American s an p
Looking back at 2024, Australia's economy was generally sluggish due to weak demand and stagnant labor productivity growth, although population growth, a surge in infrastructure projects, and rising public demand helped the economy narrowly avoid a recession. Despite the economic slowdown, the Australian stock market has shown resilience and strength due to strong performances in the banking and i...
In 2024, the Australian stock market has shown resilience and strength, with the$S&P/ASX 200 (.XJO.AU)$reaching new highs throughout the year. On December 3rd, the ASX 200 broke through 8,514 points during trading hours, setting another historical record. As of December 18th, the ASX 200 has accumulated a year-to-date increase of 8.94%. Despite global economic uncertainties and sustained high policy interest rates in the Austral...
The Reserve Bank of Australia (RBA) interest rate decision for December is fast approaching, with RBA set to announce the latest cash rate on December 10th. Since the cash rate was increased from 4.1% to 4.35% in November 2023, it has remained unchanged through eight consecutive meetings. In its November monetary policy statement, the RBA noted that while the overall inflation rate in Australia has decreased, the underlying inflatio...
PAUL BIN ANTHONY : tq sir god bless your and family Amen![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
Nchiwla : Anyone know of an ETF for the 1. telecomms in Aus, 2. Materials in Aus 3. consumer staples in Aus?
Nchiwla : and the other sectors mentions 4,5,6?