Hey Superheroes, The RBA just delivered its third rate cut this year, trimming the cash rate by 25 basis points to 3.60%. Inflation continues to cool, with headline inflation now at 2.1% and trimmed mean inflation sitting at 2.7% – both within the RBA’s target range. With private demand gradually recovering and real household incomes […]
Donald Trump’s sweeping new levies just kicked in hitting over 90 countries with import taxes as high as 50%. It’s the biggest U.S. tariff push in nearly a century, aimed at reshaping global trade, onshoring manufacturing, and punishing countries still trading with Russia. China, India, Canada and even Switzerland are on the list while tech […]
Hey Superheroes, Markets were on edge this week after Donald Trump signed an executive order imposing sweeping new tariffs on global imports. Goods from every country are now subject to a 10% minimum tax, with higher rates slapped on 92 nations – including a jump from 25% to 35% on Canadian goods after Canada recognised […]
Hey Superheroes, This week, U.S. stocks hit fresh record highs as markets cheered a new trade agreement between the U.S. and Japan, easing concerns about global supply chains. Japan avoided a looming 25% tariff by agreeing to a 15% rate in exchange for opening up to U.S. agricultural goods and pledging a US$550 billion investment […]
Hey Superheroes, It’s been a blockbuster week for markets with the ASX 200, S&P 500 and Nasdaq all hitting record highs. This rally comes even as U.S. inflation rose to 2.7% in June, up from 2.4% in May, with tariff-driven price increases starting to flow through. Trump’s tariffs are proving lucrative, raking in a record […]
Hey Superheroes, No rate cut just yet. The RBA kept the cash rate at 3.85% this week, surprising markets that had priced in a chance of a trim. The board held firm, citing a need for more inflation data before making any moves. Over in the U.S., Nvidia topped a US$4 trillion (A$6 trillion) market […]
Trump’s landmark tax bill passes as markets hit record highs. ASX sees biggest IPO. Get your 3-minute weekly dose of financial news.
Hey Superheroes, Markets kicked off the week cautiously as macro shifts met micro surprises. The ASX 200 hovered near 8,500, while the Nasdaq climbed to a record high on Tuesday and the S&P 500 came within a whisker of its all-time peak. On the stock level, standout names on both sides of the Pacific hit […]
Hey Superheroes, What an eventful week it’s been for global markets. Platinum hit a 10-year high, oil is up 20% for the month and uranium prices jumped 5% in a day – all driven by a mix of supply disruptions, geopolitical tensions and rising demand for energy and industrial metals. In the U.S., the Fed released […]
Jetstar Asia is grounded and Monash IVF’s CEO steps down after a critical blunder. Here’s your 3-minute market wrap.
Meta’s 20-year nuclear deal sparks an AI energy arms race, plus Virgin’s IPO clears for takeoff. Your 3-minute market wrap.
Nvidia just posted another record quarter despite a US$10B China hit. Get your 3-minute weekly dose of financial news.