ANZ, CBA, Westpac (and others) had all changed thier forecasts, National Australia Bank now alos.
Were looking for a 0.25 bp cut in February (Reserve Bank of Australia meeting is on the 4th). Have pushed that out now to April (the first!)
Were looking for a 0.25 bp cut in February (Reserve Bank of Australia meeting is on the 4th). Have pushed that out now to April (the first!)
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Gold's record rally +4% as S&P futures dip; traders eye tech earnings & steady Fed rates.
Fed holds rates steady, sees inflation 'somewhat elevated' but economy stabilizing. Traders eye future moves.
Fed's Powell calls Cook case 'most important' in 113-yr history. Market watches for potential policy shifts & economic impact.
Meta jumps 15% on earnings, Microsoft dips 5%. Tesla's CapEx to soar, S&P 500 pauses at record highs.
MUFG, CBA see February RBA rate hike as inflation lifts and AUD finds support Firming RBA hike expectations are supporting the Australian dollar and front-end rates
Energy stocks surge YTD (+11.2%) on quality, yield, and AI data center demand. BE +87.2%, UEC +64.9%. High risk/reward.
Bitcoin miners pivot to AI, IREN +47% YTD, CIFR +17% YTD. AI hype fuels crypto miners' diversification beyond bitcoin.
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