The minutes from RBA’s February meeting reinforced the central bank’s cautious approach to monetary easing, making it clear that the recent 25bps rate cut to 4.10% does “not commit them to further reductions” in subsequent Read more…
Sydney – 17 and 18 February 2025 Members present Michele Bullock (Governor and Chair), Andrew Hauser (Deputy Governor), Ian Harper AO, Carolyn Hewson AO, Steven Kennedy PSM, Iain Ross AO, Elana Rubin AM, Carol Schwartz AO, Alison Watkins AM Others present Sarah Hunter (Assistant Governor, Economic), Christopher Kent (Assistant Governor, Financial Markets) Anthony Dickman (Secretary), David Norman Read more…
Bitcoin’s (BTC/USD) price experienced significant volatility, dropping to $78k before rising to $95,000 due to Trump’s cryptocurrency reserve comments, then settling around $86k. Open interest for Bitcoin is at a six-month low, which historically has Read more…
Mark Cuban has never shied away from expressing his opinions, particularly those regarding other business leaders. The billionaire tech founder has found plenty to keep him busy since he ended his tenure as a judge Read more…
EURAUD broke key resistance level 1.6770 Likely to rise to resistance level 1.6900 EURAUD currency pair today broke sharply above the key resistance level 1.6770, which stopped the earlier waves (2) and 2, as can Read more…
Brent broke support zone Likely to fall to support level 70.50 Brent recently broke the support zone between the support level 74.00 and the support trendline of the daily up channel from September. The breakout Read more…
There’s a certain ringtone that everyone who grew up in the late 1990s to early 2000s era will recognize every time, without fail. Short and synthesized, the tune is almost as iconic as some of Read more…
American workers have many things in common. Among them are concerns about how they can afford day-to-day living expenses such as rent or mortgage payments, car maintenance, gas, and groceries. In the back of their Read more…
The modern retail landscape looks a lot different than it did several years ago. For one, consumers are far more price sensitive than they once were. Related: Struggling retail chain closing 27 stores, locations revealed Read more…
Have a look at a long-term chart of the stock market; it goes up and to the right. It’s a different story when you zoom in on the short term. The reality is that while Read more…