Economy

Australia’s stricter crypto rules trigger blockchain firm decline

Rate cuts and the demand from Bitcoin ETFs is expected to help catalyse the recovery.

RBA preview December: rates to remain unchanged, hawkish tone to taper

Investing.com-- The Reserve Bank of Australia is widely expected to keep interest rates unchanged in December, although recent signs of cooling Australian economic growth are expected to temper the ba

Australia targets illegal crypto ATM operators with new regulatory task force

Regulators in Australia are stepping up oversight of the cryptocurrency sector with a new task force aimed at cracking down on illegal crypto ATM operators. According to a recent statement from the Australian Transaction Reports and Analysis Centre (...

Short AUD/NZD: the bullish trend-line has been breached and the price is likely to drop further

Analyst lists key questions for China in 2025

Investing.com -- Forecasting China’s economic trajectory is never straightforward, but ING analysts laid out ten pivotal questions to watch in 2025.

Tariffs likely to delay return to 2% inflation in 2025, Goldman Sachs says

Investing.com-- Goldman Sachs (NYSE:GS) expects increased U.S. trade tariffs under a Trump presidency, especially against China, to delay inflation from reaching the Federal Reserve's 2% annual target

Fed's Williams sees more rate cuts over time as policy remains restrictive

Investing.com -- Federal Reserve Bank of New York President John Williams on Monday signaled support for more rate interest rate cuts over time as monetary policy remains restrictive.

Long GBP/AUD: rising channel formation and breakout signal strong bullish continuation towards 1.9933

Long AUD/CHF: AUD/CHF is likely to turn bullish after retesting 0.57300 support

Short AUD/NZD: bearish setup strengthened by reversal pattern, weak macd signal, and rate divergence

Short AUD/NZD: bearish setup strengthened by reversal pattern, weak macd signal, and interest rate divergence

Analyst says BJP Maharashtra win positive for market, notes populist schemes' role

Investing.com -- Analysts say Bharatiya Janata Party’s decisive victory in elections in Maharashtra, a key Indian state would boost political stability and will be a positive sentiment for the marke

Fed may need to slow pace of rate cuts, Fed's Goolsbee says

Investing.com -- Chicago Federal Reserve President Austan Goolsbee said Thursday he sees lower rates ahead, though cautioned that the pace of cuts may need to slow amid uncertainty about where the rat

RBA Governor Bullock says rates high enough, focus on inflation

Investing.com-- Reserve Bank of Australia Governor Michele Bullock said on Thursday that interest rates were restrictive enough, and will remain at current levels until the central bank was confident

Lighthizer, allies preparing to argue for steep new Trump tariffs - Politico

Investing.com - President-elect Donald Trump's former US Trade Representative Robert Lighthizer and people close to him are laying the groundwork to pitch the benefits of potentially aggressive tariff

Could Trump appoint a 'shadow Fed chair' to rival Powell?

Investing.com -- Federal Reserve chair Jerome Powell has made it clear that he is willing to remain in place even if President-elect Donald Trump demands his resignation, but could Trump appoint a “

Short EUR/AUD: the price is likely to retain the bearish trend after retracing to the 1.63390 resistance level

Republican clean sweep will lead to fewer rate cuts, but economic grow to persist

Investing.com -- Republicans are looking increasingly likely to retain control of the House of Representatives, clinching a potential "clean sweep" after regaining the Senate and the White House, but

WATCH LIVE: Fed Chair Jerome Powell Press Conference

Watch Fed Chair Jerome Powell speak live following the FOMC decision to slash interest rates by 25 basis points.

'Trump trade' could reverse on signs Trump would lean hawkish on fiscal policy

Investing.com -- Reports that a second potential Donald Trump presidency could include fiscal hawks in his administration focused on aggressively cutting fiscal spending, threatens to shift and revers