NewsBite

Currencies

Yesterday

The gold price is soaring as uncertainty reigns.

Bond markets left reeling as epic week scars traders

The wild swings across bond markets this week were reminiscent of the biggest crises in modern history. Battered traders are now moving to more reliable havens.

This Month

Donald Trump stunned investors with a reversal in his trade policies.

Calm descends on bond markets, but tariff war will push yields higher

Bond yields dropped after Trump stunned the market by pausing most of his reciprocal tariffs, but analysts warn that US Treasuries face higher borrowing costs still.

Pundits say there are some circuit breakers that could help calm the market turmoil.

Five circuit breaks that can stop the market turmoil

Trade negotiations, central bank action and government stimulus are among the options being discussed by economists and strategists that would restore calm to financial markets.

Chinese President Xi Jinping.

$A tipped to keep tumbling as superpowers ‘collide’

The Australian dollar hit a fresh five-year low below US60¢ and traders ramped up bets the RBA will slash the cash rate next month as fears of a global recession grow.

Senior trade adviser Peter Navarro at the tariff announcement ceremony in the White House Rose Garden.

Markets have seen through Peter Navarro’s ‘tissue of lies’

The evidence against Donald Trump’s tariff adviser, and his “poorly designed and reckless” tariff hikes, is overwhelming.

Advertisement
Trade tariffs typically push up inflation. But markets are expecting rates to be cut as global growth slows.

Traders eye up to five RBA rate cuts amid market turmoil

The Aussie tumbled below US60¢, its lowest level since early in the COVID-19 pandemic, as the bond market ramped up expectations of bigger interest rate moves.

Donald Trump’s tariff war has smashed Wall Street.

This market metric shows the sell-off is getting scary

The plunge on Wall Street was breathtaking. But there is one indicator that investors should really be worried about.

Michele Bullock on Tuesday.

Traders temper rate cut bets for May after RBA holds its nerve

The Reserve Bank has left the cash rate on hold at 4.1 per cent, but remains “cautious about the outlook” amid an escalating trade war.

March

xxx

Super’s global push is threatening the Aussie dollar

The country’s largest funds are investing about $5.4 billion overseas every three months, according to Deutsche Bank, potentially driving the Aussie dollar lower.

Michele Bullock, governor, Reserve Bank of Australia, is in no rush to cut interest rates again.

Traders temper bets on RBA rate cuts after pre-election budget

Bond investors are concerned about Australia’s spending plans as the government’s financing arm unveiled the biggest annual funding program outside the pandemic.

US president speaking from Mar-a Lago last month.

Why a weak US dollar may be part of Trump’s plan

Investors and strategists are pondering whether Trump’s unorthodox ideas to revive US manufacturing will succeed.

The benchmark S&P 500 Index is down 3.8 per cent since Donald Trump’s inauguration.

Fear of a ‘Trumpcession’ is growing. Here’s why

Fears of a sharp US downturn are permeating financial markets. Even so, Perpetual and BlackRock remain optimistic about the US economy.

Bunnings executives to be grilled at Senate hearing.

Why a battered $A is a double-edged sword for ASX stocks

CSL, Accent Group, Kogan, Atlas Arteria and Qantas are feeling the impact of a depressed Australian dollar in their fortunes.

February

Markets are sticking with rate cut predictions despite RBA caution.

Market tips two more rate cuts despite RBA caution

Bond markets are sticking with their rate cut forecasts after the central bank finally joined the global easing campaign by lowering the cash rate to 4.1 per cent.

Almond orchards owned by ASX-listed Select Harvest.

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.

Advertisement
The New York Stock Exchange.

US equities fall as hopes for lower rates fade again

Moderating job growth, rising inflation expectations and the prospect of reciprocal tariffs knocked the wind out of Wall Street.

Donald Trump.

Market panic may be the best protection against Trump’s tariff war

Investors were sure the “Art of the Deal” schtick would mean import duties would be avoided. Now they face a world of “uncontrollable chaos”.

January

XXXXXXXXXXX

What interest rate cuts will mean for your money

February is firming as the month that the Reserve Bank will cut the cash rate, which will have flow-on effects for shares, property and term deposits.

2/163 North Road sold at auction for $1.66 million in Eastwood, Saturday 16th of November 2024.

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.

Investors should brace for more hits and misses this reporting season, according to Maple-Brown Abbott.

The ASX stocks most exposed to a weak $A

The Aussie dollar’s decline is not yet factored into consensus ASX earnings forecasts, which will benefit some stocks and weigh on others this reporting season.

Original URL: https://www.afr.com/topic/currencies-5w5