News & Insights
Fed holds rates steady despite concerns over inflation
29 Oct 2026
The Federal Reserve voted Wednesday to keep benchmark interest rates on hold, opting to take a patient approach in its fight against inflation despite mounting evidence that price pressures are proving more nettlesome than policymakers…
Read moreASX to lift after Fed rates call
29 Oct 2026
Australian shares are set to tick higher after the US Federal Reserve held interest rates steady. S&P/ASX 200 futures were up 22 points, or 0.3 per cent, to 8882 near 6am (AEDT). Fed chairman Kevin…
Read moreStocks making the biggest moves midday: Nvidia, Ollie’s Bargain Outlet, Birkenstock, Disney and more
Check out the companies making headlines in midday trading. Nvidia – Nvidia shares dropped 1.1%, reversing an earlier gain that had pushed the stock briefly out of correction territory. Shares have surged more than 160% since…
The 10 biggest surprises to wrong-foot investors this year
Morgan Stanley has labelled 2024 as the year of the hall pass after an unpredictable 12 months in the Australian market that caught many pundits off guard. The Reserve Bank of Australia didn’t cut interest rates,…
ASX to drop, $A plunges as Fed signals rate pause near
Australian shares are set to fall in line with losses on Wall Street after Federal Reserve policymakers projected that the pace of rate cuts will slow significantly in 2025, and inflation has yet to be…
Why Australians should ditch Europe this Christmas
Australians craving a white Christmas will get more bang for their buck in Canada and Japan than in the US or Europe this year after the Aussie dollar outperformed the Canadian dollar and yen, leaving…
Fed meeting recap: Powell says central bank to be ‘cautious’ on rate cuts, rocking market
The Federal Reserve cut interest rates by a quarter point on Wednesday, bringing the target range to 4.25% to 4.5%. The central bank revised its outlook for rate cuts in 2025, however, indicating that there…
Capital gains benefit spikes to $22.7b as property investors sell out
Treasury is forecasting a spike in people claiming investment tax breaks this financial year as experts said higher interest rates and more onerous costs on landlords imposed by some state governments were pushing investors to…
Investors are so confident in stocks, they have a record low allocation to the safety of cash
Points A closely watched survey of global fund managers registered its lowest cash allocation on record this month, underscoring a bullishness on stocks as the equity market nears the end of a strong year. The…
ASX to slip, Aussie dollar drops to new low; Insignia scraps Bain bid
The Australian dollar dropped overnight to its lowest level this year, continuing a downward trajectory as a gloomy outlook for commodity exports weighs on domestic shares. The Aussie dropped 0.6 per cent overnight to 63.35…
ASIC slams insurers for gaping holes in complaints systems
The country’s largest insurance companies will be forced to invest more on staff and technology systems after the corporate regulator identified widespread problems dealing with angry customers. Insurers had failed to identify one in every…
Dow tumbles more than 260 points for 9-day losing streak, its longest since 1978: Live updates
The Dow Jones Industrial Average entered the history books Tuesday with its first nine-day losing streak since 1978. The 30-stock average slid 267.58 points, or 0.61%, to settle at 43,449.90. The S&P 500 lost 0.39% and closed at 6,050.61,…