Tags » 1.Market Observations

19 June 2019 (TheAge) - RBA rate cut prospects drive ASX gains

(19 June 2019, The Age, Business, p29, By Luke Housego)

‘Rising expectations of further interest rate cuts drove Australian shares higher on Tuesday, as the Reserve Bank’s minutes from its June meeting revealed… 93 more words

1.Market Observations

19 June 2019 (TheAge) - More rate cuts loom for ailing economy - CBA tips rates to hit 0.75% within months as RBA signals further cuts

(19 June 2019, The Age, p1, By Eryk Bagshaw and Shane Wright)

‘Australia’s biggest lender has predicted interest rates will fall below 1 per cent by November, as the Reserve Bank looks to jolt the economy out of a stupor while Parliament argues over tax cuts. 40 more words

1.Market Observations

18 June 2019 (TheAge) - Trump trade fight escalates as India raises tariffs

(18 June 2019, The Age, Business, p21)

Mumbai: India has announced it would raise tariffs on 28 categories of imports from the United States, the latest escalation in what has been a slow-motion trade fight between the two countries. 35 more words

1.Market Observations

14 June 2019 (AFR) - ASX ends week at fresh 11-year high

(14 June 2019, AFR, p33, William McInnes, Reporter)

‘The Australian sharemarket ended the week at a fresh 11-year high as a surge in iron ore prices bolstered mining stocks. 109 more words

1.Market Observations

14 June 2019 (AFR) - China's iron ore retreats after three-day surge to record high

(14 June 2019, AFR, p31, Enrico Dela Cruz)

‘China’s iron ore futures declined on Thursday as market participants locked in some gains after the steelmaking feedstock’s three-day surge to record highs earlier this week. 29 more words

1.Market Observations

14 June 2019 (AFR) - Investors bet RBA will do 'whatever it takes' to support ASX, bonds

(14 June 2019, AFR, p31, Sarah Turner, Reporter)

‘Bond and share prices are pushing toward multi-year highs in Australia, raising the stakes for investors who appear to be betting the RBA will do “whatever it takes” to stimulate inflation. 96 more words

1.Market Observations

14 June 2019 (AFR) - Jobs data puts heat on RBA for more cuts

(14 June 2019, AFR, p4, Matthew Cranston, Reporter)

‘The highest growth rate in jobs for more than a year, rebounding iron ore prices and the ASX-200 near an 11-year high has not changed the financial market’s view that the Reserve Bank will have to cut rates again next month. 77 more words

1.Market Observations