Breaking News: AXJO – Market Insights, Analysis & Latest Updates

AUD/USD
AXJO

RBA keeps interest rates steady, reiterates commitment to lower inflation

RBA maintains 4.35% interest rates, cautions on high inflation, expects target range not achievable until 2026; analysts foresee rates steady until 2025 amidst strong labor market.

investing.com • 24/09/2024 - 04:42 AM

AUD/USD
AXJO

RBA preview: hawkish hold expected amid sticky inflation, strong jobs

The RBA is expected to keep interest rates steady at 4.35% in September due to persistent inflation and a strong labor market, with potential rate hikes in the future.

investing.com • 23/09/2024 - 03:15 AM

Asian stocks rise; China up on repo rate cut, Australia hit by retailer losses

Most Asian stocks rose as interest rates fell, but Australian markets lagged due to retail losses from an antitrust lawsuit affecting major companies.

investing.com • 23/09/2024 - 02:40 AM

AUD/USD
AXJO

Australia jobs surge past expectations in August, labor market remains hot

Australia's job market grew by 47,500 jobs in August, surpassing expectations and marking five months of growth, despite the economic cooling due to high interest rates.

investing.com • 19/09/2024 - 01:39 AM

AUD/USD
AXJO

Australia jobs surge past expectations in August, labor market remains hot

Australia's job market grew significantly in August with 47,500 new jobs, maintaining a high participation rate despite economic cooling, indicating strong demand for skilled labor.

investing.com • 19/09/2024 - 01:39 AM

AUD/USD
AXJO

Australia consumer sentiment weakens in Sept- Westpac

Australian consumer sentiment declined in September due to economic concerns, inflation, and fears of a slowing job market, raising concerns about the overall economic outlook.

investing.com • 10/09/2024 - 00:57 AM

Australia stocks lower at close of trade; S&P/ASX 200 down 0.32%

Australian stocks declined as losses in Gold, Consumer Discretionary, and Energy sectors led to a 0.32% drop in the S&P/ASX 200 index on Monday.

investing.com • 09/09/2024 - 06:30 AM

Australia stocks higher at close of trade; S&P/ASX 200 up 0.39%

Australia's stocks rose 0.39% on Friday, led by Financials and Consumer sectors. Pilbara Minerals fell to 52-week lows while Charter Hall reached new highs.

investing.com • 06/09/2024 - 06:30 AM

AUD/USD
AXJO

What would the RBA do if the Fed delivers a 50bp rate cut?

Citi economists analyze RBA's likely response to potential Fed rate cuts, maintaining that the RBA is unlikely to reduce rates in 2023 despite market expectations.

investing.com • 03/09/2024 - 21:23 PM

Australia stocks lower at close of trade; S&P/ASX 200 down 0.08%

Australia stocks decreased due to losses in key sectors, with the S&P/ASX 200 down 0.08%. Commodity prices fluctuated, while the US Dollar Index rose slightly.

investing.com • 03/09/2024 - 06:30 AM

Currency