Marketmind: Aussie inflation slows, US test is next
A look at the day ahead in European and global markets from Tom Westbrook A lurch lower in Australian inflation may be an encouraging sign for Thursday’s U.S. figures, where…
A look at the day ahead in European and global markets from Tom Westbrook A lurch lower in Australian inflation may be an encouraging sign for Thursday’s U.S. figures, where…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Australian inflation tops the Asian-Pacific economic calendar on Wednesday with the latest Chinese lending figures potentially…
By Melanie Burton MELBOURNE (Reuters) – Australian mining moguls who have gatecrashed the country’s recent international lithium deals have pushed bankers into trying fresh measures to fend off interlopers unwilling…
(Reuters) – Commonwealth Bank of Australia, the country’s largest lender, on Thursday joined the other three big banks in raising its standard variable home loan rate by 25 basis points…
By Rishav Chatterjee (Reuters) -Australia’s Domino’s Pizza Enterprises on Wednesday said it expects earnings in fiscal 2024 to be significantly higher than 2023 as it continues to cut costs. Domino’s…
(Reuters) – Rising wage costs and higher investment spending by Australian banks pose headwinds that could potentially impact the sector’s earnings by up to 10% in the near term, analysts…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Australia’s central bank grabs the Asia-Pacific spotlight on Tuesday, its…
By Devayani Sathyan BENGALURU (Reuters) – Australian home prices likely bottomed much earlier than previously expected and will rise for the rest of this year and next, as the Reserve…
(Reuters) – National Australia Bank is preparing to cut around 60 jobs of the 600-staff at its markets division and undertake a broad restructuring exercise across its seven business, the…
By Himanshi Akhand and John Biju (Reuters) – Australian supermarkets are set to report stronger full-year earnings as decades-high inflation propped shelf prices, but outlook on consumer behaviour with rising…
(Reuters) – Australian telecom firms Telstra Group and TPG Telecom on Monday said separately they would not appeal the country’s competition tribunal’s decision to block an asset transfer deal between…
(Reuters) – Australia’s prudential regulator said on Wednesday Bendigo and Adelaide Bank no longer needs to keep an additional amount of cash reserve after the mid-sized lender took steps to…
By Upasana Singh and Rishav Chatterjee (Reuters) – Australia’s biggest banks are likely to report narrower profit margins in the June quarter as an unprecedented pace of interest rate hikes…
(Reuters) -Australia’s competition regulator on Monday said it has delayed its decision on ANZ Group Holdings’ proposed A$4.9 billion ($3.30 billion) acquisition of Suncorp Bank by a week to August…
(Reuters) – Australian retailers are in for a sombre period this fiscal year as high interest rates squeeze household budgets, especially for discretionary spending, Citigroup said on Thursday, with expected…
By Vivek Mishra BENGALURU (Reuters) – Australia’s housing market outlook has improved significantly, with home prices expected to on average stagnate this year compared to the near double-digit fall predicted…
(Reuters) – Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could be squeezed by the fierce…
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A bumper data dump on Wednesday kicks off the new trading month in…
By Stella Qiu SYDNEY (Reuters) – The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The global inflation focus turns to Australia’s November figures on Wednesday, and will…
By Riya Sharma and Savyata Mishra (Reuters) – Earnings of Australia’s two biggest supermarket chains may get a boost from sustained demand for groceries and other essentials, but their comments…
By Tejaswi Marthi and Harish Sridharan (Reuters) – Australia’s biggest listed coal miners are expected to report record annual profits this week, underpinned by soaring commodity prices, even as they…
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever An insight into health of Australia’s labor market is the main focal point for markets in…