Yesterday
ASX resets peak, BHP up 2pc; Temple & Webster shares hit record
Shares rise; Temple & Webster sets new record; gold tipped to top $US3,500; Qantas downgraded; Sigma rallies, CBA resets record; Toys”R”Us chief exits.
- Updated
RBA’s radio silence is a telling sign for next week
There’s a lot of money riding on the central bank’s rate decision. While the market and most economists are all but convinced, it’s still a line ball decision.
This Month
The Australian farmers set to benefit from Trump’s trade war
Australian almonds, wine and beef could be among biggest gainers from US tariffs as countries turn to cheaper markets. The weak Australian dollar also helps.
- Updated
There’s a reason why investors are flocking to fund Australian states
State governments grappling with credit downgrades have no choice but to pay bond investors more money to fund their ambitious election promises.
- Updated
Investors storm bond sale ahead of possible RBA rate cut
More than 100 big investors piled into the new $15 billion 2036 Treasury bonds which received more than $84 billion in bids.
- Updated
These five economists make a bold prediction on next rate cut
Analysts at Barrenjoey, Deloitte, KPMG, Judo Bank and Oxford Economics are tipping that the Reserve Bank will keep rates on hold on February 18.
- Updated
Meet the most accurate economic forecaster of 2024
The Reserve Bank will cut the cash rate, according to Paul Bloxham, but don’t count on a big drop in borrowing costs as this cycle will be a short one.
- Updated
Top forecaster Paul Bloxham says trade war changes the RBA path
HSBC’s chief economist says the RBA will only cut twice in 2025, beginning this month, and once in 2026.
January
ASX posts biggest monthly gain since July; Magellan extends sell off
ASX briefly notches record; gold miners rally; Magellan sell-off continues. PointsBet turnover plummets; Netwealth CFO exits; Origin drops LNG forecasts.
- Updated
US Fed cools rate cut talk as prospects of RBA easing balloon
If Michele Bullock holds the cash rate steady on February 18, it will represent the most counter-consensus decision since that of Glenn Stevens in April 2015.
ASX misses record high; Citi, UBS forecast Feb rate cut; Star up 13pc
ASX closer higher, misses record; banks clash on Feb rate cut forecasts, CPI overshoots expectations; Boss Energy soars; Star offloads Sydney sites.
- Updated
Major banks close to consensus on February interest rate cut call
Traders imply an 80 per cent chance of an interest rate cut next month to 4.1 per cent though the Reserve Bank could opt to wait for more data.
Tech jitters to hit ASX after China offers up AI rival
Australian shares are poised for a cautious start as investors worry about China’s AI progress, the Federal Reserve meeting and key local inflation data.
Why these investors aren’t worried about Trump tariffs yet
Fund managers are hopeful the new US president recognises that tariffs are more effective as a threat than being acted on.
Four reasons investors should be very nervous in 2025
Alarm bells are ringing for fund managers and economists about the mounting threat of asset bubbles, which may trigger chaos in financial markets.
Why Tim Toohey is switching to cash
Tim Toohey from Yarra Capital says fewer RBA board meetings will mean less policy agility to react to monetary turning points.
- Updated
Bond markets stick with early rate cut after jobs blowout
While bond investors modestly tempered RBA rate cut bets after jobs data smashed expectations, they have still priced in a strong chance for a move in February.
- Updated
Bond turmoil won’t derail RBA’s rate cut plan
Despite bond yields spiking around the world, analysts say the Reserve Bank is still on track to cut interest rates this year.
Why 2025 could be a bumper year for these Australian farmers
The agriculture sector may be in for a stellar 2025 but much still depends on the weather, Trump’s tariffs, and the war in Ukraine.
ASX to drop as markets fret currency slump will put off rate cut
The Australian dollar has fallen below a crucial threshold when measured against important trade partners, complicating the RBA’s assessment of interest rates.