The OIS market is pricing the chances of a 25 basis point cut from the RBA on this coming Tuesday (August 6) at 94%. Down from 97% last time I checked (yesterday). (97 down to to 94 is hardly worth mentioning, though, it is not a significant move really).
Going to to a brave call if anyone says there is to be no rate cut.
Most Popular
Sponsored
AI datacenters' massive power demand spiked wholesale prices 76% in the US East Coast grid.
AZTA misses earnings, revenue down YoY. Operating margin plunges. Is it a buy?
Waymo recalls 3,800 robotaxis after floodwater glitch. Safety risks loom for autonomous vehicle valuations.
QQQ's 39% return beats IVV's 29%, but QQQ's 35% drawdown is riskier. IVV's lower fees boost long-term gains.
Marriott beats EPS, raises guidance on strong demand. RevPAR up 8.4%. Middle East headwinds noted.
Cencora misses revenue, but guides EPS higher. Valuation dips post-earnings, watch specialty growth.
NextEra eyes Dominion in $400B utility deal. Traders watch valuation & potential synergies.
Sponsored
Must Read
