RBA Holds Lowest Cash Rate – Finance News
The Australian market was modestly higher this week but couldn’t break the recent trading range of between 5,700-5,800 points as investors digested the first of many earnings reports this season. The RBA left the cash rate on hold this week at a historical low of...
Australian Market Recovers – Finance News
The Australian market was lower with next week’s annual reporting season looming and on investors’ minds. The ASX 200 index fluctuated within striking distance of the 5,800 point barrier mid-week due to strong commodity prices which helped drive up energy and mining...
Increase in Interest Rates Suspected To Come – Finance News
The Australian market was lower this week but the ASX 200 managed to hold above the 5,700 mark. The RBA’s July minutes were taken to be more hawkish than expected by the market. The market overreacted by assuming that an interest rate increase was near. This is not...
The Australian & Global Market Wrap up – Finance News
The Australian market finished the week higher pushing closer to the 5,800 level. The market followed Wall Street’s lead following comments by the U.S. Federal Reserve Chairwoman, Janet Yellen. Yellen indicated that the federal fund rate wouldn’t need to rise to “get...
