News
US Unemployment Rate Drops Unexpectedly
4+ hour, 55+ min ago (336+ words) The U.S. unemployment rate fell to 4.4% in December, according to the U.S. Labor Department, easing concerns at the Federal Reserve about potential labor market weakness. Employers added 50,000 jobs during the month, while economists had forecast a gain of 60,000. The latest figures may…...
Dow Hits Record High on Financial Surge
6+ day, 3+ hour ago (359+ words) Wall Street surged on Monday, propelled by robust gains in financial and energy sectors. The Dow Jones Industrial Average reached an all-time high, fuelled by the strong performance of financial shares. Energy firms also saw significant gains following U.S. military action…...
Australian home prices rose 8.6% in 2025, but they are slowing again on rate hike talk. Expect slower gains this year - Sharecafe
1+ week, 55+ min ago (263+ words) By Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP. Australian home prices rose 8.6% in 2025, but they are slowing again on rate hike talk Home prices slowing again Cotality data shows that national average property prices rose…...
Government’s Mid Year Budget Update – some spending restrained but deficits and high spending locked in - Sharecafe
3+ week, 4+ day ago (513+ words) By Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP. The Government revised up its inflation forecasts for this year but looks more optimistic than the RBA and made little change to its economic growth forecasts. Growth…...
US Retail Sales Stagnant in October
3+ week, 5+ day ago (491+ words) US retail sales remained largely unchanged in October, according to a recent Commerce Department report. The report, which was delayed due to the government shutdown, indicated that the value of retail purchases, unadjusted for inflation, saw virtually no change following…...
US Economic Data to Guide Fed Policy
3+ week, 6+ day ago (596+ words) Key US economic data releases this week will significantly influence market expectations as the Federal Reserve approaches its January policy meeting, according to ANZ economists. The focus will be primarily on the November non-farm payrolls and the Consumer Price Index…...
RBA holds rates as inflation risks tilt higher; ASX dips on Bullock remarks
1+ mon, 2+ day ago (403+ words) The Reserve Bank of Australia has left the cash rate unchanged at 3.60 per cent, saying recent data point to upside risks for inflation even as economic activity continues to recover. In its post-meeting statement, the Monetary Policy Board said inflation…...
Global equities and near-record highs
1+ mon, 3+ day ago (207+ words) In this new video, recorded some weeks ago, Zaheer Lalani, Principal Advisor at Sovereign Advisors, and Max Riaz, Investment Manager, explore a question that many investors still grapple with: What should we make of global equity valuations sitting near record…...
RBA Rate Hike Expectations Brought Forward
1+ mon, 3+ day ago (300+ words) HSBC has revised its forecast for the Reserve Bank of Australia's (RBA) next move, now anticipating a rate hike in the latter half of next year. This adjustment comes after HSBC previously pushed forward its rate increase expectations from 2027. The…...
Santa Rally, Aus econ stronger, Cut public spending to ease capacity constraints, RBA to hold but sound hawkish, Rate hike talk premature but we expect RBA on hold next year
1+ mon, 6+ day ago (638+ words) By Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP. Investment markets and key developments There was also some good news with productivity rising four quarters in a row and up 0.8%yoy and real household disposable income…...