Australia’s unemployment rate jumps to 4.5pc
Australia’s unemployment rate jumped to 4.5 per cent in September, up from 4.3 per cent in August, in…
RBA governor Michele Bullock says First Home Guarantee could lead to riskier loans
Central bank governor Michele Bullock was centre stage at Senate estimates on Friday, being quizzed on monetary policy…
Gold and Silver Retreat From Highs as Investors Lock in Gains
Gold retreated further below $4,000 an ounce on signs a breakneck rally that took it to a record…
Yen Carry Trade Is Back on Radar After Takaichi Jolts Markets
A once-popular currency trade betting against the yen looks set to make a comeback, as Sanae Takaichi’s near-certain…
Housing supply without controlling demand suggests National Housing Accord won’t fix affordability
Australia’s national project to fix housing affordability is off to a slow start. Three years into it, last…
A U.S. government shutdown may affect interest rates — in Canada, too – National
A partial U.S. government shutdown will likely have a domino effect on the next interest rate decision by…
RBA governor Michele Bullock warns housing supply improvement is likely to be several years away
It’s hard to dispute that the single biggest issue facing Australia today is a seemingly runaway housing market.…
ECB Tools Can’t Fix Europe’s Fiscal Problems, Sleijpen Tells FD
European politicians shouldn’t rely on European Central Bank emergency instruments to solve their fiscal problems, according to Governing…
Mortgage holders warned over looming RBA interest rate call: ‘Should not expect’
The RBA is expected to hold the cash rate at 3.60 per cent its meeting next week. (Source:…
Saudi Opening, Alibaba Lift Emerging Stocks to Four-Year High
Emerging-market currencies slid on Wednesday, dragged lower by a stronger dollar as traders parsed mixed signals from Federal…
Gold Holds Near Record as Traders Weigh Fed, Russian Tensions
Gold traded just below a record after a three-day advance, as investors assessed a raft of commentary from…
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open…