‘It’s on’: Major bank expects Feb rate cut
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the market.
The Australian sharemarket slipped on Friday, despite a positive boost for the country’s commodity sector on the back of results out of China.
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
The Aussie market closes down despite a positive start to trade across the board, as investors look ahead for jobs data and US inflation updates.
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
The chances of an interest rate cut in early 2025 are falling faster than the Aussie dollar, with experts saying the drop in our currency could cause the Reserve Bank to baulk at a cut.
Banks, consumer discretionary and information technology stocks have slumped during a broad market sell-off on Monday.
A share sell-off in the banking and consumer staples sectors saw the Australian market trade heavily in the red on Friday.
The Australian sharemarket has dipped on Thursday, breaking a five day streak, despite favourable retail sales data.
Fresh inflation data has given the Australian share market a boost, with trading up on Wednesday.
Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar/page/2