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We already believed the RBA cash rate was likely at a peak, even if RBA officials were less convinced. A deeper housing downturn and early signs of cracks in the consumer sector point to an Read more…
Key insights from the week that was. In Australia, the Westpac-MI Consumer Sentiment Index fell 2.7% to 78.2 in November, its weakest reading since late-2022 and a level historically associated with periods of severe economic Read more…
Key Highlights USD/JPY started a fresh increase above the 159.00 resistance. It now faces resistance near 160.00 on the 4-hour chart. Bitcoin prices dipped further and tested the $70,000 support. Gold failed to remain above Read more…