If the RBA doesn’t cut next week it would be a shock to the currency market and AUD/USD could lift by around 1 U.S. cent, said CBA. The pair is near 0.6280.
AMP chief economist Shane Oliver said he was slightly less optimistic than the money markets. The Australian money markets are now factoring in a 93 per cent chance the RBA cuts rates in February.
Aussie fundies are shifting gears, eyeing fixed income while both large-cap and small-cap stocks are looking promising for ...
The Australian dollar edged lower against its U.S. counterpart on fears of more global tariffs.
Consider two 23-year-olds at the Australian Open this week: Jacob Fearnley (UK, age 23, rank 86) has career prize money of US$324,000 — barely enough to pay a coach for three years, let alone ...
The money is part of a total $4.78billion commitment to help the US with faltering submarine production. Australia is to buy between three and five off-the-shelf Virginia-class boats from the US ...
“That resulted in vast sums of Chinese money coming into Australia, accompanied in turn by a recognised risk of affiliations to Chinese organised crime, including triad gangs. Relationships with ...