Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?
The harmonised index of consumer prices rose by 2.6% year-on-year in May, surpassing forecasts. Core inflation also increased to 2.9%. This comes as the European…
Weekly market recap: Stocks retreat amidst risk-averse sentiment
Global stock markets will likely extend their weekly losses as risk-off sentiment prevails ahead of the European Central Bank (ECB) and Federal Reserve (Fed) June…
German inflation rises as consumer confidence hits 2-year high
Germany's annual inflation rose to 2.4% in May, matching forecasts, while the core rate held at 3.0%. Consumer sentiment improved to an over 2-year high…
After a huge week of economic news, where did we land on the direction of interest rates?
It's been a big week for economic and business news.Treasurer Jim Chalmers handed down his third budget on Tuesday, and the Bureau of Statistics published…
Why might the euro continue to weaken against the US dollar?
The euro has shown a weakening trend against the US dollar since the start of the year. The decline can be attributed to divergence in…
Gold rush as metal holds onto it shine: What’s behind the surge?
A number of factors have helped sustain the current wave of interest in gold. China’s demand surge, the valuation of the US dollar, and the…
Small businesses at growing risk of collapse as big businesses become more financially secure
In short: Credit reporting firm illion finds that the number of small businesses at risk of collapse has jumped by 20 per cent in a…
Markets lookahead: risk-aversion expected to take centre stage
Geopolitical tensions and central banks’ rhetoric on monetary policy will remain the focus of market participants, also Netflix is scheduled to release its Q1 earnings…
The Week Ahead on the Markets as the ECB prepares for its rate decision
This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic…
Weekly round-up: European markets lose steam amid bond jitters
The European stock markets saw a decline for the week due to spiking bond yields, as some US Federal Reserve officials maintained a hawkish stance…
Gold prices reach all-time highs: Which European-listed stocks may benefit?
Gold prices hit a record high, as markets eye potential Fed rate cuts in 2024. ADVERTISEMENTGold prices touched $2,150 per ounce (€1,971 per ounce) during…
Inflation steady in January, below economist expectations of a bounce
Consumer prices rose 3.4 per cent over the year to January, steady at the same annual rate of inflation as in December. The bureau's head…
With Australia’s economy at a turning point, are the stage 3 tax cuts enough to lift the government’s political fortunes?
The Australian economy is at a turning point. When the Reserve Bank meets this week for the first time in 2024, it will be assessing…
Why it’s a good bet the RBA’s Melbourne Cup Day interest rate hike will be the last
Australia just became become the odd one out.At its meeting last week, the US Federal Reserve kept its official interest rate on hold. A week earlier, the European…
Rising taxes, interest rates and tightened tenancy laws. Here’s why landlords say they’re selling up
Quick Read:In short: Landlords say rising taxes, tightening tenancy laws and high interest rates are pushing them to sell upWhat's next? Experts say government policy must strike…
A rising number of households on the cusp of financial stress, but RBA says banking system isn’t at risk
Australian homes and businesses are vulnerable to financial stability risks as rising inflation and interest rates continue to pressure the global economy.Key points:Australia's financial system…
WTF is Christine Lagarde up to? – POLITICO
Press play to listen to this article Voiced by artificial intelligence. Deep in the Wyoming wilderness last month, Christine Lagarde, president of the European Central…
The specter of Liz Truss still haunts Britain – POLITICO
LONDON — A year is a long time in politics — but the reverberations of the surreal fall of 2022 are still being felt across the…
House price recovery picks up speed with sixth straight monthly increase, as property shortage continues to squeeze market
Australia's housing market is firmly in recovery mode as prices continue to rise, with cooling inflation and the likely peak of interest rates set to…
Bank of England raises key rate to 5.25 percent – POLITICO
Press play to listen to this article Voiced by artificial intelligence. The Bank of England raised its key interest rate by a quarter point on…