Australian Inflation Hits 20-yr High, May Rate Rise Seen In Play
Australian consumer prices surged at the fastest annual pace in two decades last quarter as petrol, home building and food costs all climbed, fueling speculation interest rates could rise from record lows as soon as next week.
Australian Inflation Hits 20-year High, Brings Rate Rises Near
Australian consumer prices surged at the fastest annual pace in two decades last quarter as petrol, home building and food costs all climbed, spurring speculation interest rates could rise as soon as next week.
Australia Rate Hike Brought Nearer By Inflation, Wages - Central Bank
Australia's central bank is nearer to raising interest rates for the first time in more than a decade as inflation accelerates and a tightening labour market nudges wage growth higher, minutes of its April policy meeting showed on Tuesday.
Australia Business Conditions Surge In March, Inflation Runs Hot
A measure of Australian business conditions picked up sharply in March as firms saw strong sales and labour conditions, while surging costs pushed retail prices higher in a worrying sign for inflation.
Asia Wary Ahead Of ECB Meeting, U.S. Inflation Data
Asian shares slipped on Monday ahead of a week thronging with central bank meetings and U.S.
Asia Shares Slip Ahead Of ECB Meeting, U.S. Inflation Test
Asian shares slipped on Monday ahead of a week packed with central bank meetings and U.S.
Shares Skid, Yields Rise Further Before ECB, U.S. Inflation Test
Shares slid and bond yields climbed on Monday as caution gripped markets ahead of central bank meetings and U.S.
Australian Banks Gravitate To June For Rate Rise, Ultimate Peak Unclear
Most of Australia's major banks now expect a rise in interest rates as early as June, though opinions on the pace of tightening and the peak point still vary widely.
Australia's Central Bank, No Longer 'Patient', Opens Door To Tightening
Australia's central bank on Tuesday opened the door to the first interest rate increase in more than a decade as it dropped a previous pledge to be "patient" on policy, a major surprise that sent the local dollar to nine-month highs.
Asia Shares Start Cautiously, Treasury Yields Keep Climbing
Asian share markets got off to a cautious start on Monday amid talk of yet more sanctions against Russia over its invasion of Ukraine, while bond markets continued to sound the risk of a hard landing for the U.S.
Shares Edge Higher, U.S. Two-year Yields Near 2.5%
Share markets made cautious gains on Monday amid talk of more sanctions against Russia over its invasion of Ukraine, while bonds screamed the risk of a hard landing for the U.S.
Shares Turn Mixed, 2-year Treasury Yields Near 2.5%
World share markets were mixed on Monday amid talk of yet more sanctions against Russia over its invasion of Ukraine, while bonds continued to spell the risk of a hard landing for the U.S.
Australia Housing Bubble Slowly Deflating As Heat Leaves Sydney, Melbourne
Australian home prices are slowly coming back to earth as the sky-high markets of Sydney and Melbourne lose some heat, though there is still plenty of lift in the smaller cities and regions.
Australia Budget Has Cost-of-living Mountain To Climb To Sway Voters
Australia's government is hoping to use budget goodies to offset cost of living pressures for disgruntled voters ahead of an election expected in May, but the consumer mood may already be too dark for the ploy to gain much traction.
Australia Govt Splashes Cash To Soothe Voters' Cost-of-living Angst
Australia's government is aiming to use billions in budget goodies to offset cost of living pressures for disgruntled voters ahead of an election in May, but the consumer mood may already be too dark for the ploy to gain much traction.
Oil Hit By Shanghai Shutdown; Yen Sinks As BOJ Defies The Yield Tide
Asian shares faltered and oil prices slid on Monday as a coronavirus lockdown in Shanghai hit economic activity, while the yen extended its stomach-churning descent as the Bank of Japan stood in the way of higher yields.
Shares In Sober Mood, Oil Prices Climb Again
Share markets were in a sober mood on Monday as fighting in Ukraine raged on with no sign of stopping, leaving investors clutching at hopes for an eventual peace deal, while oil prices climbed anew as supplies remained tight.
Shares In Sober Mood, Yen Near Six-year Low
Asian share markets started the week in a sober mood on Monday as fighting in Ukraine raged on with no sign of stopping, leaving investors clutching at hopes for an eventual peace deal.
Asia In Cautious Mood, Yen Near Six-year Low
Asian share markets started the week in a cautious mood on Monday as investors clung to hopes for an eventual peace deal in Ukraine, but the fighting raged on with no sign of stopping.
Shares Up As Oil Skids On Hopes For Ukraine Talks
Most share markets firmed and oil slid on Monday on hopes for progress in Russian-Ukraine peace talks even as fighting continued to rage, while bond markets braced for rate rises in the United States and UK this week.
Shares Gain As Oil Slips On Hopes For Ukraine Progress
Most share markets firmed and oil slid on Monday on hopes for progress in Russian-Ukraine peace talks even as fighting continued to rage, while bond markets braced for rate rises in the United States and UK this week.
Shares Up As Oil Slips On Hopes For Ukraine Talks
Asian shares advanced and oil slipped on Monday on hopes for progress in Russian-Ukraine peace talks even as fighting raged on, while bond markets braced for rate rises in the United States and UK this week.
Oil Surges 10% In Asia, Euro On The Ropes
Oil prices soared more than 10% in hectic trading on Monday as the risk of a U.S.
Oil Surges 10% In Asia, Euro Skids As Bonds Rally
Oil prices soared more than 10% in hectic trading on Monday as the risk of a U.S. and European ban on Russian product and delays in Iranian talks triggered what was shaping up as a major stagflationary shock for world markets.
Oil Surges, Shares And Euro Hit The Skids
Oil prices soared and shares sank in hectic trading on Monday as the risk of a U.S.
Oil Storms Higher, Stocks And Euro Dumped
Oil prices soared and shares sank in frantic trading on Monday as the risk of a U.S.
Asia Stocks Edge Higher, Oil Races To The Moon
Asian shares crept higher on Thursday after reassuring comments from the Federal Reserve helped Wall Street rally, though the war in Ukraine sent oil and resource prices spiralling ever higher in a grim omen for global inflation.
Oil Leads Mad Rush To Resources, Stagflation A Risk
Oil prices sped higher on Thursday as the war in Ukraine drove a mad dash for resources in an ominous sign for global inflation, while Asian shares eked out gains after reassuring comments from the Federal Reserve helped Wall Street bounce.
Oil Leads Mad Resource Rush, Leave Equities Behind
Asian shares crept higher on Thursday after reassuring comments from the Federal Reserve helped Wall Street rally, though the war in Ukraine sent oil and resource prices spiralling ever higher in a grim omen for global inflation.
Australia's Q4 GDP Looking Even Stronger As Trade Surprises
Australia's trade performance last quarter was much less of a drag on the economy than first thought implying upside risk for growth, even as imports outstripped exports and hefty dividend payments flowed offshore.
