It seems the good days are back for the Australian property market, which has been struggling with lower dwelling values in the last few years. Last year this time, the market experts were projecting a huge property market slump in Australia by the e...
The RBA’s announcements have surely captured all the attention this week, with investors keeping a close eye on its monetary policy decision and economic outlook for the year 2020. Just three days after keeping the interest rates on hold at 0.7...
In the last few days, the Reserve Bank of Australia has been on the spotlight, with monetary policy decision, monetary policy statement and an appearance of Mr Philip Lowe at the House of Representatives Standing Committee on Economics. The central ...
Just two days after the RBA kept the interest rates unchanged at 0.75 per cent considering the strength of the Australian economy, the recently released retail sales and trade surplus data is providing a volatile outlook for 2020. The ABS has recent...
In line with the market expectations, the Reserve Bank of Australia (RBA) has kept the interest rates on hold at 0.75 per cent in its first meeting of the year 2020. Financial markets were pricing a 20 per cent chance of the rate cut in February, aft...
Over worries of an economic downturn from the fast-spreading coronavirus, the Australian share market has slumped by as much as 93.9 points or 1.4 per cent on its first trading day of February 2020. Materials and energy sectors were the worst-hit, th...
S&P 500, which closed at 3324.54 on 24 January 2020, reported a sudden downfall, reaching 3243.63 on 27 January 2020, representing a fall of 2.43%. The sector was strongly impacted on Monday, 27 January 2020 because of the exposure concerns relat...
NASDAQ Composite, Dow Jones Industrial Average (DJIA) and S&P 500 – the three major indices - ended 29 January 2020 broadly in line with the previous day’s close. While NASDAQ Composite moved up marginally with a return of 0.059%, DJI...
The probability of an interest rate cut by the RBA in February 2020 substantially falls following the release of the better-than-expected consumer price index for December 2019 quarter by the ABS. The odds of 25 basis points rate cut next month has s...
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