Westpac expects the RBA to hold the cash rate through 2026, citing lingering inflation risks despite easing pressures. The bank still sees scope for rate cuts in early 2027, with the economy tracking broadly in line with forecasts.
China's battery makers surge 75% globally! Exports hit $65B+ amid AI & renewables boom. Watch for US restrictions.
Those Iran headlines lifting oil. Gap fill to come is my tip.
Israel warned the Trump admin that Iranian missile drills could mask strike preparations, citing lower risk tolerance after Oct 7. US intelligence sees no imminent attack, but officials fear escalation driven by miscalculation rather than intent.
Venezuela's $8B oil market threatened by US sanctions; 75 tankers idle, crude discounts deepen. Production may drop 500K bpd.
US jobs data shows mixed signals: Oct payrolls fell 105k, Nov rose 64k. Recession fears rise as unemployment creeps up.
India’s stock market has hit record-low volatility as SEBI curbs slash options activity and domestic flows overwhelm foreign selling. The calm is squeezing derivatives profits and forcing traders to rethink long-standing volatility-selling strategies
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