Ahead in the markets this week: ECB rate decision takes centre stage
This week, the European Central Bank (ECB) will decide on the interest rate, a decision critical for the European stock market and the Euro’s trend.…
Weekly recap: Easing political uncertainties bolster market resilience
Global markets remained resilient throughout the week due to heightened expectations that central banks would commit to interest rate cuts. Monthly inflation in the United…
UK interest rates should remain on hold this summer, warns BOE official
The UK's jobs market is currently too strong to start cutting interest rates, says BOE Monetary Policy Committee member Jonathan Haskell. ADVERTISEMENTIn the first public…
Eurozone inflation slows to 2.5% in June, boosting ECB rate cut hopes
Eurozone inflation eased to 2.5% in June, in line with expectations. Belgium's inflation hit a 10-month high, while Germany saw a decline. ADVERTISEMENTFollowing a brief…
Bank of England keeps rate on hold: Investors raise August rate cut bets
The Bank of England kept the Bank Rate at 5.25% in June, with two MPC members favouring a 0.25% cut. Inflation rate hit the 2%…
UK inflation rate hits target of 2%: Is this a signal for rate cuts?
The United Kingdom's overall inflation rate fell to 2% year-on-year in May, hitting the Bank of England's target for the first time since July 2021,…
Market lookahead: All eyes set on BoE, SNB and RBA rate decisions
Three central banks - the Bank of England (BoE), the Swiss National Bank (SNB), and the Reserve Bank of Australia (RBA) - are set to…
Fed rate decision: Implications on the European stock markets
European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets poised to open…
Fed holds US interest rate steady in June warning of just one possible cut this year
The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains…
Weekly market recap: Record moment resumes as tech stocks lead the way
Risk-on sentiment prevailed in global markets as the Nvidia-led tech rally buoyed Wall Street, while the ECB’s rate cut sent the Euro Stoxx 600 to…
RBA governor Michele Bullock says federal government’s $300 energy bill rebate is unlikely to affect inflation
In short: RBA governor Michele Bullock said the federal government's $300 energy bill rebate is unlikely to lower inflation or risk pushing it higher.However, Ms…
Week ahead: ECB rate decision and EU elections take centre stage
European financial markets are set to react to two major events: the European Central Bank's rate decision and the EU Parliamentary elections. ADVERTISEMENTIt will be…
Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?
The harmonised index of consumer prices rose by 2.6% year-on-year in May, surpassing forecasts. Core inflation also increased to 2.9%. This comes as the European…
Weekly market recap: Stocks retreat amidst risk-averse sentiment
Global stock markets will likely extend their weekly losses as risk-off sentiment prevails ahead of the European Central Bank (ECB) and Federal Reserve (Fed) June…
German inflation rises as consumer confidence hits 2-year high
Germany's annual inflation rose to 2.4% in May, matching forecasts, while the core rate held at 3.0%. Consumer sentiment improved to an over 2-year high…
After a huge week of economic news, where did we land on the direction of interest rates?
It's been a big week for economic and business news.Treasurer Jim Chalmers handed down his third budget on Tuesday, and the Bureau of Statistics published…
Why might the euro continue to weaken against the US dollar?
The euro has shown a weakening trend against the US dollar since the start of the year. The decline can be attributed to divergence in…
Gold rush as metal holds onto it shine: What’s behind the surge?
A number of factors have helped sustain the current wave of interest in gold. China’s demand surge, the valuation of the US dollar, and the…
Small businesses at growing risk of collapse as big businesses become more financially secure
In short: Credit reporting firm illion finds that the number of small businesses at risk of collapse has jumped by 20 per cent in a…
Markets lookahead: risk-aversion expected to take centre stage
Geopolitical tensions and central banks’ rhetoric on monetary policy will remain the focus of market participants, also Netflix is scheduled to release its Q1 earnings…