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Economic News

US Jobs Shock Sends Bond Yields Higher as Rate Hike Fears Return

For most of the past two years, investors have debated when, not whether, the US Federal Reserve would cut interest rates. A single jobs report has upended that consensus. The May US employment data came in dramatically hotter than expected, sending bond yields surging …

Aditi Sarkar | 09 June 2026

Gold Slips as Middle East Conflict Keeps Inflation and Rate Hike Fears Alive

Gold slipped even as conflict in the Middle East kept inflation and interest rate worries firmly in focus, a move that may seem counterintuitive at first glance. The traditional view holds that geopolitical tension supports the gold price, as investors seek the metal’s safe-haven …

Aditi Sarkar | 04 June 2026

Oil Prices Ease After Israel-Lebanon Ceasefire Reports

Oil prices retreated after reports emerged of a ceasefire between Israel and Lebanon, as traders pared back the risk premium that had built into crude on fears of a wider conflict in the Middle East. The easing of immediate tension reduced concern about potential …

Aditi Sarkar | 04 June 2026

Australian Economy Expected to Ease in March Quarter Ahead of Key GDP Release

Australia's economy is expected to slow in the March quarter of 2026, with economists forecasting gross domestic product to rise just 0.5 per cent in the period, down from 0.8 per cent in the December quarter of last year.

Aditi Sarkar | 03 June 2026

AI Stock Momentum Faces Test as Oil Shock and Fed Rate Risk Cloud Markets

AI-related companies have driven a meaningful share of global equity returns over recent quarters.Earningsrevisions have been broadly positive, andCapital Expenditurecycles in AI infrastructure remain robust.

Sonal Goyal | 28 May 2026

Austal (ASX:ASB) Shares Drop After US Business Leadership Update

Gene Miller, who had served as interim president since February, has been confirmed as president of Austal's US business. The role oversees a large workforce across multiple shipyards and is central to the company's strategy.

Sonal Goyal | 28 May 2026

ASX Today: Gold Stocks Slide, SiteMinder Surges and Vulcan Energy Rallies

SiteMinder (ASX:SDR) rallied about 7.95% after announcing a partnership with hotel PMS Mews. The deal embeds SiteMinder's distribution products natively in Mews' platform.

Sonal Goyal | 28 May 2026

ASX Banks Under Pressure as ANZ, CBA, Westpac and NAB Retreat

APRA's announcement that it would keep its mortgage serviceability buffer at three percentage points reinforced expectations that lending growth will remain measured in the near term.

Sonal Goyal | 28 May 2026

ASX 200 Falls as Gold Miners Tumble on Two-Month Low in Bullion

The S&P/ASX 200 fell sharply on Thursday as a steep slide in bullion dragged Australian gold miners lower, with renewed United States strikes on Iranian military targets unsettling global markets and reviving inflation fears that had been receding only a fortnight ago. Investors rotated …

Sonal Goyal | 28 May 2026

APRA Keeps Mortgage Buffer at 3% - Here’s Why

The Australian Prudential Regulation Authority said on Thursday it would keep its mortgage serviceability buffer at three percentage points and maintain other macroprudential policy settings, citing continued economic uncertainty and elevated household debt levels as the primary justification for holding the line. The announcement, …

Sonal Goyal | 28 May 2026
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