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Global oil prices concluded the week close to their lowest levels of the year amid mounting concerns over inflation and the potential for interest rate hikes, which bolstered the strength of the US dollar. However, a brief period of instability caused by an unusual coup attempt in Russia led to a slight increase in gold […]

This week, the spotlight will be on inflation, particularly in Australia and the United States, while the performance of the Chinese economy in June will also be closely monitored. Amidst mid-month activity surveys indicating slowing growth across major economies, inflation concerns have become a top priority for investors, fueled by recent half-percent rate hikes in

Leading economic forecasters in Australia are increasingly concerned about the possibility of the country’s economy slipping into a recession, with the likelihood now seen as a 50-50 proposition. As the Reserve Bank of Australia (RBA) gears up to potentially raise interest rates next week, both Shane Oliver, Chief Economist at AMP, and the economics team

As the financial year draws to a close, the Australian sharemarket is poised to end in positive territory. The S&P/ASX 200 index has experienced an approximately 11% gain, successfully recovering from a similar decline in the previous year. However, last week saw a 2.1% dip, potentially impacting the final double-digit reading for the financial year.

26 Jun 2023 – Global stocks fell on Friday, capping their worst week since March as investors in the US and Europe fretted over the prospect of further interest rate increases and potential recession.

Global stocks fell on Friday, capping their worst week since March as investors in the US and Europe fretted over the prospect of further interest rate increases and potential recession. The Dow Jones Industrial Average fell 219.28 points, or 0.65 per cent, to 33,727.43. The S&P 500 slid 0.77 per cent to 4,348.33. The Nasdaq

23 Jun 2023 – A snapshot of the stocks on the move, featuring Tamboran Resources, Solis Minerals, North Stawell Minerals.

The fact that it’s an election year across the Tasman helps explains the New Zealand’s government decision to hold an inquiry into its Australian-dominated banking sector. It’s a fairly anodyne probe – looking at profits/margins, account switching etc. – none of the tougher issues that the Hayne Royal Commission examined in its inquiries here into

Warren Buffet continues to show the rest of the global investment community that he has “timing” when it comes to making big plays in investment (and that remains very generous). From dominant positions in Coca Cola, and American Express, to helping bail out Wall Street banks after the GFC (and ending up as the biggest

The surprise decision by the Bank of England overnight on Thursday to raise its key rate by a substantial half a per cent to a 15-year high of 5 per cent carries a significant message for Australia as the next meeting of the Reserve Bank of Australia (RBA) approaches on July 4. The unexpected rate