The Australian dollar has been weakening in recent months due to several factors, including a slowdown in the Chinese economy and high interest rates in the United States. This has many implications for the Australian economy, which we will explore today.
A Wall St rally sends the ASX up today, while we await the minutes of the RBA meeting this morning to see if interest rates will move again this year. Oil and gold ease as some heat comes out of Middle East rhetoric after US intervention.
ASX 200 is set to open lower as the risk of escalating tensions in the Middle East rattles global markets. Oil spot prices surged up nearly 8% since Friday as markets watch Iran’s reaction to the invasion of Gaza.
ASX 200 is set to open lower as the risk of escalating tensions in the Middle East rattles global markets. Oil spot prices surged up nearly 8% since Friday as markets watch Iran’s reaction to the invasion of Gaza.
The velocity of money explains our inflationary outburst of 2022. And this was predictable in 2021, using a specific equation. The question is, what is that same equation saying now?
An investor game plan. Investors know they face uncertainty (that’s always true), but the source of the uncertainty is a problem in and of itself.
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