Australian Dollar traded mildly lower after the RBA left its cash rate unchanged at 3.60%, a move fully expected by markets. The policy hold came with few surprises, and the key takeaway was that the Read more…
The RBA kept the cash rate unchanged at 3.60%, a move widely expected by markets and decided unanimously by the Board. In the statement, policymakers said the decision reflected a balance between inflation risks and Read more…
At its meeting today, the Board decided to leave the cash rate unchanged at 3.60 per cent. Inflation has recently picked up. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been Read more…
Key Highlights Gold started a consolidation phase after a dip to $3,885. A contracting triangle is forming with support at $3,970 on the 4-hour chart. WTI Crude Oil prices could struggle to recover above $62.20. Read more…
Google reports that over 650 million people actively use its Gemini AI chatbot monthly, while OpenAI’s ChatGPT has reportedly been downloaded more than 1.2 billion times worldwide. Love it or hate it, people are increasingly Read more…
Japan’s manufacturing sector contracted again in October, with the final S&P Global PMI edging down to 48.2 from 48.5 in September. According to S&P Global’s Pollyanna De Lima, demand softness — particularly in the automotive Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Purchasing gifts for the under-18 crowd Read more…
Fed Governor Lisa Cook said she supported last week’s quarter-point rate cut, describing it as “another gradual step toward normalization.” Cook noted that she views current policy as “modestly restrictive,” which remains appropriate given that Read more…
San Francisco Fed President Mary Daly said she supported last week’s rate cut and will approach the December meeting with “an open mind”. She believed it was “appropriate to take another bit off the policy Read more…
Trading at $4,008 well into the US session, up +0.14% in today’s trading, gold bullion continues to look for support at the key psychological level of $4,000. With the US government shutdown still ongoing, US Read more…