Australia’s private sector showed signs of slowing in May, with PMI Composite falling from 51.0 to a 3-month low of 50.6. Manufacturing index held steady at 51.7. But services weakened from 51.0 to 50.5, its lowest level in six months. According to S&P Global’s Andrew Harker, the sluggishness may be tied in part to election-related […]
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In a speech focused on his recent visit to China following the sweeping tariff shifts of “Liberation Day”, RBA Deputy Governor Andrew Hauser noted there was a sense of “strong hand” in managing the economic Read more…
Market Picture Market capitalisation topped $3.5 trillion on Thursday morning, later retreating slightly below that round level. Interestingly, Bitcoin’s all-time highs have yet to spark FOMO. The historical highs of the first cryptocurrency keep the Read more…