LA Private

August 2024

Fuel prices flare up

Oil rose in the wake of more tensions in the Middle East and the surprise incursion by Ukrainian forces into parts of southern Russia, near the city of Kursk (scene of a major tank battle in the Second World War). And in Asia, thermal coal prices jumped as China’s huge heat wave continued across much […]

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Rising protectionism in US sparks concerns among shipowners

Rising U.S. economic nationalism is poised to disrupt global trade, regardless of who wins the White House in November, with shipowners particularly alarmed at the prospect of Donald Trump’s protectionism returning “on steroids,” according to the head of a major industry group. “The world order hasn’t faced such a threat since before World War II,”

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Economic week ahead

More cackling this week from the henny-pennies about the health of the US economy, with the focus shifting to the consumer price inflation report for July. But there will also be other big decisions: a probable rate cut in New Zealand on Wednesday, wages data for Australia and the July jobs report, as well as

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Risk of further falls, Why RBA is likely to cut, Public spending, Olympics, Profit season preview

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Following a bad start to the week on worries about a US recession made

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