18+ hour, 15+ min ago   (171+ words) Australia delivered a stunning turnaround in its June trade figures, swinging to a $1.9 billion surplus against market forecasts for a $1.1 billion deficit, as commodity exports surged nearly 10% while imports edged lower, providing a short-term boost to the nation’s external position…...

4+ day, 20+ hour ago   (323+ words) The pullback has been particularly pronounced since Warsh’s confirmation, with gold trading back toward $4,000 as Treasury yields hit 2026 highs and the dollar strengthened on expectations of a more hawkish monetary policy stance. Yet it is not all bearish for the…...

1+ week, 4+ day ago   (1642+ words) Rising rates help banks when they can lift loan rates faster than deposit rates. But once customers move money into higher-paying savings accounts and term deposits, the margin benefit gets squeezed. At the same time, higher mortgage repayments can slow…...

1+ week, 5+ day ago   (469+ words) Recent economic data out of the United States has surprised to the upside, suggesting the world’s largest economy is expanding more quickly than many had anticipated. That’s good news for corporate earnings and growth, but it also complicates the outlook…...

3+ week, 4+ day ago   (510+ words) Reserve Bank of New Zealand Chief Economist Paul Conway has signalled that renewed fighting in the Middle East poses upside risks to inflation, potentially forcing the central bank to deliver more rate hikes after last week’s first tightening move in…...

1+ mon, 2+ day ago   (497+ words) With US stock markets closed on Friday, later today will mark the first trading session post release, with the Nasdaq 100 futures market pointing to a 1.16% gain at the open for the QQQ ETF. US nonfarm payrolls rose by 57,000 in June,…...

1+ mon, 1+ week ago   (656+ words) The backdrop is worth understanding. At the Fed’s 17 June meeting, nine of 19 policymakers forecast at least one rate hike by year-end, marking a hawkish turn from the prior meeting when no officials had penciled in further tightening. The Fed kept…...

1+ mon, 1+ week ago   (909+ words) Gold prices have retraced sharply from their April peak above $5,200 per ounce, settling near $4,000 as geopolitical risk premiums evaporate. The pullback follows the mid-June reopening of the Strait of Hormuz after a brief closure triggered by U.S.-Israel strikes on Iran…...

1+ mon, 2+ week ago   (251+ words) The US dollar has clawed back ground against the Australian dollar, rising to 1.43 from a recent low of 1.39, as hedge funds pile into bullish options following the Federal Reserve’s unexpectedly hawkish policy stance under new Chair Kevin Warsh. At the…...

1+ mon, 3+ week ago   (613+ words) The Reserve Bank of Australia left its cash rate unchanged at 4.35% today, but maintained an explicit readiness to hike again, warning that Middle East-driven oil disruptions are complicating an already difficult inflation fight and could force further tightening if price…...