New Zealand economy avoids recession
The New Zealand economy narrowly escaped recession in the three months to March 31, but like Australia, activity remains very weak as it continues to be affected by high interest rates.
Read MoreEconomics
Bank of England faces interest rate dilemma ahead of election
What’s a central bank to do? Inflation is back on target after being above it for nearly three years, the economy is meandering, but there’s a looming election that could very well see the sitting government driven from office. So, when do you cut your key interest rate?
Read MoreIs investing in gaming… worth the gamble?
Fund Manager Chris Pedersen discusses Steadfast Group (ASX:STF), Australian Stock Exchange (ASX:ASX), Light & Wonder (ASX:LNW)
Read MoreGlobal investors bullish on stock markets
According to the June survey of big global investment managers by Bank of America, it's a bull market, and it's going to run and run.
Read MoreCoalition proposes seven nuclear power plants by 2037
The Coalition has unveiled an ambitious plan to construct seven nuclear power plants across Australia, aiming to have them operational between 2035 and 2037 if they win the next federal election.
Read MoreCentral banks continue gold purchases
Something to gladden the hearts of gold bugs: the major players in the market for the past two years—central banks—are not going to abandon the metal anytime soon, even if the People’s Bank of China made headlines by stopping purchases in May when prices soared to all-time highs.
Read MoreHigh interest rates impact consumer spending
Like in Australia, high interest rates are slowly strangling consumer spending, with May’s retail sales being the latest example.
Read MoreNvidia surpasses Microsoft and Apple to become the world’s most valuable company
For the first time ever, Nvidia on Tuesday leapfrogged Microsoft and Apple to become the most valuable company in the world.
Read MoreInvestor confidence plummets in French stock market amid political uncertainty
The French stock market is in decline as far as big investors are concerned, according to the latest global fund managers survey from the Bank of America, due to the snap poll called by President Macron on June 10.
Read MoreRBA holds at 4.35%, but with more hawkish language, June qtr inflation data will be key
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the cash rate.
Read MoreNot another Eurozone crisis! The rise of the far right in Europe, the French election
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses implications for investors from the EU parliamentary elections.
Read MoreRBA maintains interest rates at 12-year high amid economic uncertainty
No change in interest rates from the Reserve Bank, and none are expected for a while after the latest two-day monetary policy meeting of the central bank.
Read MoreRBA announces comprehensive review of retail payments regulation
The Reserve Bank of Australia (RBA) has announced a “holistic review” of the country’s retail payments regulation, aiming to increase transparency in fees and promote competition for services, according to Ellis Connolly, the RBA’s head of payments policy.
Read MoreAnticipation mounts over coalition’s expected nuclear power strategy announcement
Amid rising speculation, the Coalition is rumored to be on the brink of unveiling its nuclear power strategy, following the abrupt scheduling of a shadow cabinet meeting for Tuesday night.
Read MoreChinese economic data disappoints
The final dump of economic data for China in May failed to impress investors in the region, with Chinese and Japanese markets weak on the day and Hong Kong trading sideways after an early dip.
Read MoreSurge in Chinas steel production marks biggest monthly rise in over a year
China’s steel production finally jumped from the doldrums at the start of this year in May, recording one of the biggest monthly rises in some time.
Read MoreChina’s central bank holds steady on interest rates
Once again, China’s central bank has missed the opportunity to cut a key interest rate to help support an economy that continues to stutter, despite the mistaken belief that better-than-expected exports (as seen in May) indicate a stronger economy.
Read MoreSerbia considers reversal on Rio Tinto’s $US2.55 billion Jadar mine approval
Out of the blue, the Serbian government is reported to be ready to reverse itself and approve the nearly $US2.55 billion Jadar lithium/borate mine of Rio Tinto.
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Oil market dynamics
Oil prices might have bounced back last week from the post-OPEC+ meeting sell-off the week before, but market fundamentals continue to tell another story.
Read MoreMarket turbulence ahead of Reserve Bank’s rate meeting
Heading into the Reserve Bank’s rate meeting this week, the ASX will not be in a confident mood.
Read MoreGold, silver, and copper navigate market uncertainties amid political and economic shifts
How many legs does gold have left in its current rally? What about silver? And can copper staunch the losses as more metal than the market can handle ends up in LME and Shanghai Metals Market stockpiles?
Read MoreKey economic events to watch this week
More action from central banks is expected this week, with the Bank of England, Norway’s central bank, and the Reserve Bank of Australia all holding rate-setting meetings.
Read MoreWinston’s Weekly: Outcome of US Fed meeting
Winston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreChinese NEV sales rebound despite impending EU tariffs
Ahead of Wednesday's news that the European Commission will impose varying tariff levels on imports of Chinese battery-powered cars, the latest industry figures show a rebound in Chinese sales in May from April’s surprise dip.
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IEA warns of impending global oil glut
A stark warning from the International Energy Agency (IEA) indicates that the surge in oil production in the US will lead to a significant glut in global markets much sooner than OPEC and its allies, like Russia, anticipate.
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The Fed’s rate cute dilemma
As clever economists, analysts, and others try to determine when the one rate cut by the US Federal Reserve will occur this year, they should keep in mind that we are only one poor monthly inflation reading away from having no rate cuts in 2024.
Read MoreMusks $56 billion pay package approved by shareholders
Tesla shareholders approved CEO Elon Musk’s substantial share pay package, but it will still be decided by a court in Delaware, even though shareholders also voted to move the company's U.S. domicile from that state to Texas.
Read MoreUS dollar surge sends precious metals lower
Gold, copper and sliver fell Thursday after the US dollar bounced higher. Oil was also easier but iron ore rose.
Read MoreStrong May jobs data
There were no signs of weakness in the May jobs data, with nearly 40,000 new jobs, a small fall in unemployment, a drop in the jobless rate, and continuing high levels of participation.
Read MoreEU imposes varied tariffs on Chinese EV imports
As widely expected, the European Union will impose significant tariffs on imports of Chinese battery-powered EVs. However, the tariffs will not be uniform and will vary from company to company.
Read MoreApple surpasses Microsoft as world’s most valuable company
The great Apple charge continued Wednesday, with the company’s market value topping Microsoft’s for a while during trading, regaining the mantle as the world’s most valuable company.
Read MoreFed maintains rates amid surprising inflation data
In an action-packed day, US inflation in May cooled slightly. The US Federal Reserve then held rates steady at its meeting but reduced the number of rate cuts it projects for this year to one from the forecast of two in March and three last December.
Read MoreCost pressures diverge in China and Japan
Ahead of the US inflation data and the Fed interest rate decision tonight and early tomorrow respectively, cost pressures continue to show different outcomes in two of Asia’s major economies.
Read MoreAnalysis of Viva Leisure, Skycity, Life360
Fund Manager Chris Pedersen discusses Viva Leisure, Skycity Entertainment Group and Life360.
Read MoreCopper boomlet deflates amid rising inventories
The boomlet in copper was again deflated on Tuesday, with London Metal Exchange prices and Comex futures prices in New York touching their lowest levels in seven weeks due to pressure from rising inventories and currency volatility.
Read MoreApple’s AI leap
Apple has made fools of all those investors, analysts, and others who had been chiding it (and stronger) for falling behind in AI – its big launch Monday was "underwhelming," according to most critics.
Read MoreFrench Giant Saint-Gobain set to absorb CSR
CSR is set to be absorbed by the French giant Saint-Gobain after the Foreign Investment Review Board okayed the $4.3 billion offer for the local building products group.
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