Federal Reserve Chair Warsh delivered a hawkish speech at Jackson Hole, emphasizing the need for further interest rate hikes to combat persistent inflation. While acknowledging potential long-term AI…
Federal Reserve Chair Kevin Warsh signaled potential interest rate hikes to combat inflation, causing short-term Treasury yields to rise and the US dollar to strengthen. Markets are pricing in a high…
The Australian dollar is near a fifteen-week high and headed for its longest winning streak since 2010. Hotter-than-expected inflation and strong retail sales have led markets to price in a near-cert…
The Australian dollar hit a fresh three-month high as hotter-than-expected July inflation data fueled market expectations of an RBA interest rate hike as early as next month. Major banks revised thei…
Emerging market currencies and commodities are rallying as investors rotate away from the dollar amid concerns over US debt monetization and debasement. This divergence breaks the traditional positiv…
The Australian dollar jumped to a three-month high following hotter-than-expected trimmed mean CPI inflation, increasing RBA rate hike bets. Concurrently, the US dollar edged higher against major pee…
The Australian dollar reached a twelve-week high as July inflation figures surpassed market forecasts. Stronger headline and trimmed mean CPI metrics reinforced hawkish Reserve Bank of Australia expe…
Tokio Marine is reportedly closing in on a potential $14 billion takeover of Australia's Suncorp, backed by Berkshire Hathaway, as the Japanese insurer advances its global expansion strategy.
Citi raised price forecasts for corn, wheat, and soybeans, citing an intensifying Super El Niño as a key risk heading into 2027. Extreme weather threatens agricultural yields across Australia, Southe…
The Australian dollar hovered near an eleven-week high above $0.71 following RBA minutes highlighting persistent inflation risks and potential tightening. While soft jobs data reduced immediate rate …
Australian insurance broker Steadfast agreed to a $5.51 billion (A$7.7 billion) buyout by a consortium including KKR, Dragoneer, and Amwins. The A$6 per share all-cash offer represents a 51.9% premiu…
Global crude steel output fell 0.3% year-over-year in July as China's 3.6% decline outweighed growth elsewhere. However, US and European production rose, with Germany posting 8.1% year-to-date growth…
The Australian dollar holds near a twelve-week high above $0.71, boosted by broad US dollar weakness and persistent RBA rate hike expectations ahead of crucial July inflation data.
Australia's certified organic sector surpassed A$1bn in annual direct sales and exports in 2024/25, fueled by resilient domestic retail demand and export expansion despite cost-of-living challenges. …
AUDUSD rallied to 0.71, reaching its highest level since June 2026. The pair posted a 1.85% gain over the last month and a significant 10.95% increase over the past year, reflecting strong bullish mo…
AUSTRAC's Operation Claw uncovered widespread mortgage fraud worth hundreds of millions across major Australian banks involving falsified documents and offshore funds. The discovery of systemic contr…