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As expected, the Federal Reserve in the US held its key Federal Funds Rate at a 22-year high on Wednesday, with no rate rise in sight. However, the central bank remains open to the possibility of further monetary tightening, given the ongoing strength of the US economy. Rates have been maintained in a range of

Believers like BHP in China’s economy, and the stimulus it brings to countries like Australia, remain steadfast even as the country’s property sector groans under bad debts and failures, and the government outlines even more financial support. Iron ore prices this week hit five-week highs of more than $US121 a tonne (on the SGX futures

Fund Manager Chris Pedersen discusses household spending. Companies discussed include:QBE Insurance (ASX:QBE)Data#3 (ASX:DTL)Computershare (ASX:CPU)

On Wednesday, the stock market experienced a second consecutive day of gains as investors eagerly anticipated the Federal Reserve’s policy statement, hoping to gain insights into the central bank’s future interest rate decisions. The primary focus is on the Fed’s potential guidance, and it is widely anticipated that they will maintain their current interest rates.

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices. Key pointsAustralian home prices rose again in October, with the supply shortfall on the back of record immigration dominating. Prices are now on track for a 9% gain this year.While the supply shortfall is likely to continue there is a

01 Nov 2023 – A snapshot of the stocks on the move, featuring NOVONIX (ASX:NVX), Wildcat Resources (ASX:WC8) and Ioneer (ASX:INR).