Gold Gold prices surged over 2% overnight, driven by the weakening US dollar. US Dollar The US dollar weakened against other currencies, including the Australian dollar.
The U.S. economy expanded at an annual rate of 2.3% in the fourth quarter of 2024, according to the advance estimate from the U.S. Bureau of Economic Analysis. This growth decelerated from the 3.1% ...
The European Central Bank (ECB) reduced its key interest rates by 25 basis points, bringing the deposit facility rate to 2.75%. This marks the fifth rate cut since June 2024, reflecting the ECB’s ...
The broad market index fell 0.47%, closing at 6,039.31, while the Nasdaq Composite dropped 0.51% to finish at 19,632.32. The ...
While inflation has eased from its peak levels in 2022, core inflation (which excludes food and energy) continues to run ...
The fall in underlying inflation is a welcome development for many stakeholders, particularly consumers burdened by rising ...
Lovisa, a prominent jewellery retailer, is currently facing a class action lawsuit filed by Adero Law in the Federal Court of Australia. The lawsuit alleges that, between January 2019 and January 2025 ...
However, it’s essential to recognize the inherent risks associated with alternative investments. Many of these investments are relatively illiquid, meaning they are difficult to sell quickly. They are ...
While the headline inflation figure remains above the RBA’s target, the softening core rate suggests the peak of inflation may have already been reached. This anticipated easing of price pressures is ...
ASX Outlook The ASX is poised for a flat start. The SPI 200 futures are pointing to 0.06% fall. Australia Dollar The Australian dollar dropped to US62.29¢, weighed down by the possibility of a ...
After a period of sluggish deal activity, mergers and acquisitions in the biotechnology sector are showing signs of recovery. While 2023 and much of 2024 saw a decline in dealmaking—largely due to ...
Nvidia shares surged 8.8% overnight, recovering from a previous 16% drop. Apple gained 3.6% overnight, contributing to the overall tech rally. Salesforce saw a 3.7% increase in its share price ...