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...
G'day, mooers! Check out the latest news on today's stock market! • US Stocks fall on hot inflation data and Powell's cautious comments. • Australian shares edge higher, with the ASX 200 hovering near record highs. • Stocks to watch: ASX, DHG, etc. Wall Street Summary US Markets declined Wednesday as US inflation rose to 3% in January 2025, surpassing forecasts and December's 2.9%, reaching levels last seen in July 2024....
There could be more dark days for markets as traders adjust for half as many rate cuts in the US as they hoped for in 2025. Already overnight, US stocks suffered their biggest drop since early August. The Nasdaq$NASDAQ 100 Index (.NDX.US)$lost 3.6%, the S&P 500$S&P 500 Index (.SPX.US)$almost 3%. It’s clear markets are reacting negatively—they didn’t get the ...
The Australian stock market has demonstrated strong performance, rising by 1% in the past week and an impressive 9% over the past year. With earnings expected to grow by 14% annually, this favorable economic climate makes dividend stocks particularly attractive for investors looking for both stability and potential income growth. Within the Australian market, we have highlighted the top 10 companies with the best performance ...
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