Uncertainty is in the air as the US Federal Reserve gets set to make its interest rates announcement.
For much of this year,markets have been pricing in the implications of a second Trump presidency. After Wednesday’s debate,those “Trump trades” started to unravel.
The Australian sharemarket finished higher on Thursday as the pace of declines slowed on Wall Street overnight from its frenetic sell-off in the previous session.
Nearly a month ago,Wall Street plunged in response to a shock set of US job figures. Overnight,the market plunged again,in expectation of more bleak numbers this week.
Investment bonds can be a suitable option for those looking for a tax-friendly environment outside of superannuation.
Beijing is panicking and making some increasingly unusual moves as it struggles to avoid a major financial crisis.
Jerome Powell has signalled that the Fed will soon cut US rates for the first time since it began raising them aggressively more than two years ago. It may have missed its moment.
We are being shown just how vulnerable to surprises financial markets are.
The ASX and sharemarkets around the world are a sea of red as recession fears build in the US.
Donald Trump tried to fire Jerome Powell during his presidency before discovering he didn’t have the authority. Now the Fed chairman is set to throw a spanner in the works heading into November’s election.
ANZ boss Shayne Elliott says allegations that the bank overstated the value of government bonds it traded by more than $50 billion will be treated with “utmost seriousness”.