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.
Hey Superheroes, Did you know the RBA cut rates for the first time since 2020 on Tuesday? Yeah… you’ve probably heard. But for those who don’t check any form of media (aside from Spotlight of course!), the RBA cut rates by 0.25%, bringing our cash rate down to 4.10%. Reporting Season in Australia was in […]
Gold prices have hit an all-time high again while Trump plans to add levies to steel and aluminium imports. Get your 3-minute weekly dose of financial news.
Hey Superheroes, What’s more eventful than starting the week seeing news of U.S. President Donald Trump’s new tariffs? Both the ASX and Wall Street fell into the red on Monday after Trump signed executive orders imposing import levies on Canadian, Mexican and Chinese goods. Interesting move given that the three countries were the U.S.’s largest […]
Hey Superheroes, It looks like domestic inflation is finally stabilising. Trimmed mean inflation – aka the RBA’s preferred inflation measure – is finally back within the RBA’s target range for the first time in three years. Yup, that means analysts now expect our first rate cut in years on 18 February. On the contrary, the […]
Hey Superheroes, The markets have been on quite the rollercoaster this week as Wall Street’s earnings season kicks off and Donald Trump returns to the White House. MicroStrategy shareholders just gave the green light for even more Bitcoin buys. Check out our latest Deep Dive article to discover how MicroStrategy has become the world’s largest […]
Hey Superheroes, It’s been a busy start to the year. Australia’s labour market smashed expectations with 56,300 new jobs added in December while core inflation in the United States eased for the first time in six months. Both sets of results indicate that we might have to wait a bit longer before either the US […]