Hey Superheroes, The RBA has cut the cash rate by 25 basis points to 3.85%, marking its lowest level in two years. This decision came amid easing inflation pressures and global uncertainty. For those holding Bitcoin ETFs, Bitcoin surged past US$110,000 this week to reach an all-time high, driven by renewed optimism surrounding U.S. cryptocurrency […]
Hey Superheroes, Markets kicked off the week on a high as news of a US-China trade thaw buoyed investor sentiment. The ASX 200 jumped to nearly 8,400 on Monday while the S&P 500 and Nasdaq saw strong gains, with the ASX and Wall Street both set to end the week in green. Wall Street quarterly […]
Hey Superheroes, The U.S. and China have agreed to begin trade negotiations, sparking hopes for an easing of tensions between the world’s two largest economies. The U.S. Federal Reserve kept its key interest rate steady, maintaining the range between 4.25% and 4.5%, unchanged since December. Fed Chair Jerome Powell said that the economy is healthy […]
Hey Superheroes, Markets recovered somewhat this week with the ASX hitting a seven week high on Tuesday as investors and businesses alike digest the positive developments in the US-Ukraine relationship and President Trump’s announced reprieve on some tariffs for the auto manufacturing industry. Next week, the US Federal Reserve meets to discuss interest rates, we’ll […]
Hey Superheroes, Volatility is back in the markets this week. We also saw some action in currency markets, with the Aussie dollar gaining a bit against the US dollar. But global trade tensions are once again bubbling – yep, Trump’s back in the spotlight. Let’s get into it. Tech Tariff Is Back On The Table […]
Global giants took a hit this week — here’s how tariffs are affecting Apple, Tesla and the broader market. Get your 3-minute weekly dose of financial news.
Hey Superheroes, The S&P 500 and Dow Jones saw their worst single-day falls last night since 2020 while the Nasdaq shed more than 6%. The VIX index jumped by nearly 40% in a single day, marking yesterday as one of 10 highest one-day jumps over the last decade. The Magnificent Seven lost a total US$1.03 […]
Hey Superheroes, Markets this week have been riding a wave of volatility driven by global policy moves. Over in the U.S., Trump’s fresh round of auto tariffs set to begin next week have put pressure on automakers and industrials. Meanwhile in Australia, the two major political parties – Labor and the Liberal-National Coalition – have […]
Hey Superheroes, Both the ASX and Wall Street are finally set to end this week in the green after multiple weeks of market volatility fuelled by Trump’s tariffs. The U.S. Federal Reserve announced its decision to hold rates steady, flagging challenges in assessing inflation impacts from recent tariff policies. Despite the Fed’s cautious outlook, the […]
Hey Superheroes, Trade War 2.0 continues to get global attention this week as U.S. President Trump has continued to announce an increasing number of tariffs. Both the S&P 500 and Nasdaq are now at six-month lows. Similarly the ASX 200 is now closing in on its August 2024 low, reflecting uncertainty in sectors that look […]
Trump’s tariffs rattle markets and investors brace for economic turbulence. Get your 3-minute weekly dose of financial news.
Qantas, Virgin, Flight Centre and Helloworld all decided to drop some big news this week. Get your 3-minute weekly dose of financial news.