July 2023

The release of the US Federal Reserve’s minutes from the Federal Open Market Committee (FOMC) meeting drew significant attention during the week. While no changes were announced, one particular statement stood out: “Almost all participants noted that in their economic projections that they judged that additional increases in the target federal funds rate during 2023 […]

Mining tycoon Andrew Forrest is making strides in establishing a battery manufacturing hub in the United States, aligning with Fortescue Future Industries’ strategic vision to leverage President Joe Biden’s $550 billion Inflation Reduction Act. Forrest’s plans include expanding UK-based engineering firm WAE, which he acquired last year, into a comprehensive operation spanning three sites in

The Dow Jones Industrial Average rose Monday as Wall Street tried to recover from a losing week. The positive reversal came as investors prepared for a slate of inflation data later in the week and braced for the start of the second-quarter earnings season. US consumers’ short-term inflation expectations has reached their lowest level in

The ASX declined further as weak consumer inflation data from China contributed to ongoing losses, with the benchmark S&P/ASX 200 index falling 0.54 per cent at 7,004, primarily driven by losses in most industry sectors. China’s unchanged consumer price index raised concerns about the potential risk of deflation. Futures The Dow Jones futures are pointing

INOVIQ Limited (ASX:IIQ) CEO Dr Leearne Hinch discusses recent news, including excellent sensitivity and specificity results for the company’s SubB2M breast cancer test. Paul Sanger: Today we’re speaking with Dr Leearne Hinch, who is the CEO of INOVIQ (ASX:IIQ). INOVIQ is a developer of next-generation exosome solutions and precision diagnostics. It has an ASX code of “IIQ”

China’s consumer inflation rate falls to zero in June, while factory-gate prices fell further, raising concerns about deflation in the economy. The consumer price index, released by the National Bureau of Statistics on Monday, indicated weak demand and added to worries about the threat of deflation. The figure came in below expectations, as economists in

Charter Hall Retail REIT (ASX:CQR), a leading owner of convenience retail properties, reported the sale and settlement of Brickworks Marketplace in South Australia for a total consideration of $85 million. The sale, which represents a premium of $4.9 million or 6.1% over the December 2022 book valuation, underscores the continued demand and inherent quality of