BK5052 Manufacturing - Apparel & Accessories
- 364.831
- +2.492+0.69%
AU Morning Wrap: ASX Slides; Gold and Oil Slip
Stocks to watch: Fisher & Paykel Healthcare.
AU Morning Wrap: ASX Flat Ahead of RBA Decisions; Superloop Surges
Stocks to watch: KMD Brands, Boral, New Hope, Aussie Broadband, Superloop.
Australia's Q4 Inflation Rate Eases to 0.6%, Falling Below Expectations
The CPI slowed to 0.6% in the December quarter, down from 1.2% in the previous quarter. Market consensus was 0.8%.
Australian Retail Sales Missed Expectations, Dropping by 2.7% in December
In December, retail sales experienced a 2.7 percent decrease from October, a steeper decline than the anticipated 1.9 percent, indicating a reduction in consumer spending leading up to the holiday season.
Australian Inflation Slows in November to 4.3%, Below Forecast
The headline consumer price index increased by 4.3% over the 12 months to November, down from 4.9% in October. This figure came in just below the market forecast of 4.4%.
AU Morning Wrap: ASX Hits 10-month High; KMD Tumbles 10%
Stocks to watch: KMD Brands, PEXA, Transurban.
Australia's GDP Expands 0.2% in Q3, Below Forecasts
Australia’s gross domestic product grew 0.2% in the third quarter, from 0.4% in Q2, undershooting the market consensus of 0.4%.
Reserve Bank of Australia Cash Rate Unchanged at 4.35%
The Reserve Bank has delivered a pre-Christmas reprieve for Australia’s borrowers, leaving its cash rate unchanged at 4.35%.
Australian October CPI Growth Cools to 4.9%
Australia’s Consumer Price Index grew 4.9% in annual terms in October, undershooting analysts consensus of 5.2%.
Reserve Bank of Australia's Minutes Show Case for Further Rate Rises Is Data Dependent
The head of Australia's central bank on Tuesday said that inflation is the crucial challenge over the next one or two years after policymakers raised interest rates to a 12-year high earlier this month to tame high prices.
Weekly Australia Market Wrap for the Week-Ended 17 November 2023
The S&P/ASX 200 rose 1.04% while the All Ordinaries Index climbed 1.18% last week.
Australia's Unemployment Rate Back Up to 3.7% in October
The unemployment rate increased by 0.2 percentage points to 3.7 per cent in October (seasonally adjusted), according to data released today by the Australian Bureau of Statistics (ABS).
Is Another RBA Rate Hike on the Horizon After Lifting Rates to a 12-year High?
All of the Big Four banks' economic teams expect the cash rate will peak at 4.35%. That means today's hike will be the last in this tightening cycle.
Reserve Bank of Australia Lifts Cash Rate 0.25% to 4.35%
This is the first interest rate rise since July.
Weekly Australia Market Wrap for the Week-Ended 3 November 2023
The best performing sector last week was the interest rate sensitive Real Estate sector.
Weekly Australia Market Wrap for the Week-Ended 27 October 2023
The Australian market is down around 9.80% since February this year.
Australia's Headline CPI Rose 1.2% in September Quarter Boosted by Higher Fuel Prices
Australia’s inflation rate quickened in the September quarter, boosted by higher petrol prices, adding to pressure on the Reserve Bank to hike interest rates again.
Weekly Australia Market Wrap for the Week-Ended 20 October 2023
In Australia the IT sector was hardest hit, falling 6.90% last week.
AU Morning Wrap: Liontown Sinks 34%, Gold Miners Climb
Stocks to watch: Liontown, Northern Star, Insignia Financial.
Weekly Australia Market Wrap for the Week-Ended 13 October 2023
Last week started with a sharp rally in energy and gold prices due to the rapidly escalating conflict in Israel.