NewsBite

Resources to electrify profits in high-stakes earnings season

Emma Rapaport

The ASX's coal, oil and gas producers are on the cusp of reporting exceptional results in the annual profit season kicking off this week, drawing a line under a volatile year for the sharemarket as it faces a slowdown in growth.

Economists expect the Reserve Bank of Australia will upgrade its inflation forecast and increase Australia’s cash rate by another half a percentage point to 1.85 per cent from 1.35 per cent at Tuesday’s policy meeting.

Loading...
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

Read More

Latest In Equity markets

Fetching latest articles

Most Viewed In Markets

    Original URL: https://www.afr.com/markets/equity-markets/resources-to-electrify-profits-in-high-stakes-earnings-season-20220729-p5b5m9