Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Week Ahead: FOMC and Quarterly Earnings from Apple,…
It will be another busy week ahead with investors gearing up for virus updates, geopolitical tensions, key economic data and the FOMC meeting. The global number of coronavirus cases crossed 16 million this weekend and…
Minutes of the Monetary Policy Meeting of the…
Members Participating Philip Lowe (Governor and Chair), Guy Debelle (Deputy Governor), Mark Barnaba AM, Wendy Craik AM, Ian Harper AO, Steven Kennedy PSM, Allan Moss AO, Carol Schwartz AO, Catherine Tanna Others Participating Luci Ellis (Assistant Governor, Economic), Christopher Kent (Assistant Governor, Financial Markets) Anthony Dickman (Secretary), Ellis Connolly (Deputy Secretary), Alexandra Heath (Head, International…
RBA: Statement by Philip Lowe, Governor: Monetary Policy…
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The global economy has…
Global Stocks Were Mixed While GBP Continues to…
Equity Markets Amid a relatively subdued calendar, global stocks traded mixed across the board. Investors are rattled by the rising number of cases that are threatening the recovery in the global economy, improving economic data…
Markets Paused as Doubts of Economic Recovery Resurfaced
Equity Markets Source: Bloomberg Terminal Markets paused on Tuesday as doubts of economic recovery resurfaced following the rising number of coronavirus cases. Major equity benchmarks lost around 1% or more overnight. Wall Street ended deep in…
SoftBank gets Lucky, China-Based Stocks, CSI 300 Up…
Alistair’s latest market update video - SoftBank gets lucky, China-based stocks on the rise, CSI 300 up 2.1%, RBA holds rates & news ahead. In this video, Alistair Schultz, Chief Market Analyst, has a look…
Quarterly Statement by the Council of Financial Regulators…
The Council of Financial Regulators (the Council) held its regular quarterly meeting on Friday, 19 June. The Australian Treasurer attended for part of the meeting. The Council has been meeting more frequently over the past several…
Risk Rallies On; Reopening Trumps Riots, AUD, EMFX…
Summary: Market optimism on the economic rebound from easing lockdown restrictions extended lifting risk appetite, equities, and currencies. Ongoing protests in America and Hongkong, and rising number of confirmed total global Covid-19 cases (6,339,005 latest…