Podcasts about aussie dollar

SBS Finance Editor Ricardo Gonçalves speaks with Julie Lee from FTSE Russell about the impact of the Fair Work Commission's 3.5% rise to the minimum wage along with the rest of the day's sharemarket news, plus Rhayna Bosch finds out why petrol prices have risen despite a fall in the global oil price with Vivek Dhar from the Commonwealth Bank.

Wall Street ended the first trading session of the new week in positive territory as investors overlooked the latest moody credit rating downgrade on the U.S. on Friday, and instead favoured optimism from the trade negotiation progress with China. The S&P500 rose 0.09% to post a 6th straight winning day, while the Nasdaq climbed 0.02% and the Dow Jones ended the day up 0.32%. The debt downgrade on Friday pushed bond yields higher early on Monday before they retreated in afternoon trade hence sending equities higher to start the week.Over in Europe on Monday markets in the region closed mostly flat ahead of key corporate earnings results out this week. The STOXX 600 closed flat, Germany's DAX rose 0.6% to yet another fresh record high, the French CAC fell 0.04%, and, in the UK, the FTSE 100 ended the day up 0.17%.Across the Asia markets on Monday, it was a sea of red as investors assessed the Moody's credit rating downgrade on the U.S. and latest slew of economic data out of China including retail sales data rising at a weaker rate than expected for April, while industrial output for the same period rose more than economists were expecting.Hong Kong's Hang Seng fell 0.05%, China's CSI index lost 0.5%, Japan's Nikkei fell 0.68% and South Korea's Kospi index ended the day down 0.89%. China's retail sales for April rose 5.1% in data out yesterday which fell short of expectations of a 5.8% rise and indicates the impact of sluggish post-pandemic era and tariffs on consumer spend in the region.Locally to start the new trading week, the ASX200 posted a 0.58% loss on Monday as a sharp selloff in energy and materials stocks weighed on the key index and investor sentiment ahead of the RBA's rate announcement today.What to watch today:The price of gold rebounded on Monday following Moody's downgrade of the US credit rating to AA1 from AAA amid mounting concerns over US economic outlook and growing budget deficit. Gold producers including Northern Star Resources, Evolution Mining and Ramelius Resources posted gains over 1%, 3% and 2% respectively.On a corporate level, we saw Domino's and Mineral Resources shares both slide yesterday after announcing respective changes at the board level, with Domino's Chief of Australia and NZ business, Kerri Hayman, stepping down in August after 37-years with the pizza giant, while Mineral Resources announced the appointment of Malcolm Bundey as successor to outgoing chairman James McClements, who will step away from the company's board in July.On the commodities front this morning, oil is trading 0.32% higher at US$62.69/barrel, gold is up 0.81% at US$3229.67/ounce, and iron ore is down 0.08% at US$100/tonne.The Aussie dollar has strengthened against the greenback overnight to buy 64.60 US cents, 93.53 Japanese yen, 48.30 British pence and 1 New Zealand dollar at 9 cents.Ahead of Tuesday's trading session in Australia the SPI futures are anticipating the market will open the day up 0.82%.Trading Ideas:Bell Potter has upgraded the rating on Paragon Care (ASX:PGC) from a hold to a buy and have a 12-month price target on the company of 52cps following the analyst seeing EPS growth in FY26 which is expected to drive all valuation metrics lower including the PE ratio to below 20x. Management are heavily invested in the long term success of the business and remain laser focused on delivery of the integration, according to the analyst.Trading Central has identified a bullish signal on Northern Star Resources (ASX:NST) following the formation of a pattern over a period of 19-days which is roughly the same amount of time the share price may rise from the close of $18.88 to the range of $24.50 to $24.50 according to standard principles of technical analysis.

SBS Finance Editor Ricardo Gonçalves speaks with Luke Laretive from Seneca Financial Solutions about the day's sharemarket action including the latest US trade talk developments and what's driving the Australian dollar to a six month high against the US.

SBS Finance Editor Ricardo Gonçalves speaks with Luke Laretive from Seneca Financial Solutions about the day's sharemarket action including the latest US trade talk developments and what's driving the Australian dollar to a six month high against the US.

Today's headlines include: The Australian dollar has dropped to a five-year low, plunging below 60 US cents. The Coalition has reversed its promise to force Australian Public Service (APS) employees back to the office if it wins the upcoming election. Israel has promised a “thorough examination” of a strike that killed 15 first responders in Gaza last month. And today’s good news: New data from the CSIRO reveals that plastic pollution along Australian coastlines has decreased by 39%. Hosts: Emma Gillespie and Zara Seidler Producer: Emma Gillespie Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube Channel Have feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.

Marine algae blamed as thousands of dead pipis wash up on the beaches near Goolwa, the Australian dollar drops below 60 US cents for the first time since the COVID-19 pandemic, and the mutton indicator jumps up more than 100 cents in the space of a week.

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Welcome to the 9News podcast. A snapshot of the latest stories from the 9News team including: Aussie dollar slumps to a five year low, Liberal leader admits 'misstep' on working from home and author behind popular series dead at 70. The biggest news stories in less than 10 minutes delivered three times a day, with reports from the 9News team across Australia and overseas. Subscribe now to make it part of your daily news diet.See omnystudio.com/listener for privacy information.

With 25% tariffs on Canada and Mexico threatened – and then postponed – over a weekend, investors could be in for a rocky ride. Tariffs on 10% on China are still slated to go ahead on 10 February. So what does all this mean? NAB's Head of FX Strategy Ray Attrill shares his extensive insight on: What really happened with tariffs in Trump 1.0 Why the AUD is under threat, and what could save it What Trump has really proposed, and whether it's likely to go ahead, and How central banks are likely to react. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth If you're short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won't just reduce your listening time; it has also been shown to improve knowledge retention.

Welcome to this week's episode of the Money and Investing Show with Andrew Baxter and Mitch. Join us as we examine the current state of the Australian dollar, focusing on its relative weakness against the US dollar and the broader economic impacts. We'll discuss how a weaker Aussie dollar affects Australians, touching on rising import costs, possible benefits for exporters, and its influence on travel and inflation. Additionally, we'll explore potential investment strategies and the economic outlook for the months ahead, offering practical insights for investors and consumers alike. Whether you're an importer, exporter, or simply interested in the movements of currency markets, this episode provides valuable information to help you understand these challenging times. Subscribe to our Channel: https://www.youtube.com/channel/UCfmaldKMEUc5qXeIQ7zEBeA?sub_confirmation=1   FREE Online Training with Andrew Baxter: https://bit.ly/cod-online   Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/   The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/  The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387  

The Australian dollar is at its lowest level against the US dollar in five years. That hurts travellers going to the United States for a holiday, but some economic commentators think it also means Australia's Reserve Bank should hold off longer on cutting interest rates. Our chief business correspondent Ian Verrender doesn't agree. Today, he explains why China and Trump are largely behind the fall in the Australian dollar and why interest rate cuts should still be on the table. Ian says the strength of the US dollar, driven by Trump's tariffs and economic policies, is a major factor in the Australian dollar's decline. Featured: Ian Verrender, ABC chief business correspondentKey Topics:Australian dollar declineUS dollar strengthTrump's tariffsReserve Bank interest ratesLocal exportersImport pricesChina's economic slowdownEconomic policiesCurrency speculation

The Australian dollar has hit a five-year low of 61.84 US cents this week - a level last seen during the early stages of the COVID pandemic. With Donald Trump’s move into the White House - and the potential for harsh tariffs on Australia’s major trading partners - only a few weeks away, the currency plunge has sparked fears amongst Australian commentators, some politicians, and financial experts.But what does a dropped Australian dollar actually mean for us - not just when we’re planning a trip overseas, but in day-to-day life? Why is it happening now? Is there real reason to panic? To find those answers, Sam is joined by the Australia Institute’s Greg Jericho. Host: Sam KoslowskiGuest: Greg JerichoProducer: Orla Maher Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube Channel Have feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.

The Australian dollar has tumbled to a two-year low against the American dollar.

Over in the US on Monday afternoon trade, Wall St has pulled back from record territory as investors look ahead to key inflation data out later this week in the US. The Nasdaq and S&P500 retreated from record highs to end the day down 0.61% and 0.61% respectively, while the Dow Jones ended the day down 0.54%. Nvidia shares lost 2.6% on Monday following a Chinese regulator announcing it is investigating the AI semiconductor giant for potentially violating the country's antimonopoly law.In Europe overnight, markets mostly extended the positive run from last week into the new trading week as investors assessed further stimulus talks out of China, a key trading area for Europe. The STOXX 600 rose for an eighth straight session to close 0.14% higher, Germany's DAX fell 0.19%, the French CAC rose 0.72% and, in the UK, the FTSE100 ended the day up 0.52%. Chinese leaders on Monday promised more proactive fiscal measures and moderately looser monetary policy for next year.Across the Asia region on Monday, markets closed mixed amid revised economic growth data out of Japan and on the release of China's November inflation data. Japan's Q3 GDP growth was revised up from 0.2% to 0.3% on a QoQ basis which topped analysts' estimates and boosted Japan's Nikkei to a 0.1% rise on Monday. China's CPI or inflation data on the other hand was also released on Monday and had the opposite response from investors as inflation in the region rose 0.2% YoY in November which missed expectations and was a decrease from the 0.3% rise in October indicating further sluggish recovery in the region, this led to China's CSI index falling 0.6% on Monday. Hong Kong's Hang Seng also fell 0.6% on Monday and South Korea's Kospi Index ended the day down over 2% on political instability.The local market had a lacklustre start to the week however recovered from early losses on Monday to end the day with a rise of just 0.03%. Consumer discretionary stocks boosted the market to a positive close yesterday with a rise of 0.64% while the energy sector fell 1.05% tracking the weaker price of oil over recent weeks.Aussie telco provider Superloop rallied 1.8% on Monday after announcing it has entered a deal to acquire Optus' subsidiary brand Uecomm for $17.5bn which will add over 2000km of high-capacity fibre assets to Superloop's brand.Platinum asset management tumbled 14.35% on Monday after its takeover talks with Regal Partners ended with no deal reached. This was on top of Platinum also announcing its Funds Under Management took a major hit in November.And capital raisings hit a few companies share prices yesterday with Calix ending the day down 12.22% after announcing the completion of an institutional placement that raised $20m at 75cps, while Paradigm Biopharmaceuticals tumbled 7.76% after raising $16m at 40cps, which is over a 30% discount to the previous closing price of the share.What to watch today:Ahead of Tuesday's session on the ASX the SPI futures are anticipating the ASX will open the day up just 0.04%.On the commodities front this morning, oil is trading 1.95% higher at US$68.51/barrel, gold is up 1.25% at US$2666.13/ounce, and iron ore is down 2.05% at US$104.11/tonne.The Aussie Dollar has further weakened overnight to buy US$0.64, 97.70 Japanese Yen, 50.19 British Pence and NZ$1.10.We may also see investors react to the RBA's rate decision and commentary around the last rate decision for 2024 this afternoon where it is widely expected Australia's central bank will hold the cash rate at the current level of 4.35%. Trading Ideas:Bell Potter has downgraded the rating on Platinum Asset Management (ASX:PTM) from a hold to a sell and have significantly dropped the price target on the company from $1.21 to 74cps following funds under management dropping over 10% in November to $10.957bn and on the back of merger talks ending with Re

Join OANDA Senior Market Analysts & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. The content produced on this site is for general information purposes only and should not be construed to be advice, invitation, inducement, offer, recommendation or solicitation for investment or disinvestment in any financial instrument. Opinions expressed herein are those of the authors and not necessarily those of OANDA or any of its affiliates, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, please access the RSS feed or contact us at info@marketpulse.com. © 2023 OANDA Business Information & Services Inc.

Will the appointment of the US Treasury Secretary help settle the Aussie dollar?See omnystudio.com/listener for privacy information.

News and views relating to the F&C Community and the wider broker industry. This week, while Sadish Visvalingam is away, Dien Le stepped in to Co Host with ⁠Beth Comino⁠. Our Guests this week are ⁠Paul Wright⁠ and ⁠Ali Dunphy-Foden⁠. In addition to chatting about the news, The topic for discussion this week was based on an Anon Post asking members "when is it the right time to hire staff?" - in this case, it would be hiring their first employee. In the NEWS: *The FED cuts rates by 0.25 percentage points on Thursday (US time). The Aussie Dollar dropped and of course TRUMP wins the election. So what does that have to do with Australia?

Wall Street rose for a second straight session on Wednesday to record territory as investors shook off geopolitical concerns and bought back into tech stocks. The Dow Jones rose 1.03% to a record close, as did the S&P500 ending the day up 0.71% also to a record close, and the tech-heavy Nasdaq added 0.6% at the closing bell. The driver of the rally in the US was the release of the Fed's latest meeting minutes whereby majority of participants favoured reducing interest rates by more than 50 basis points.Over in Europe overnight, markets closed higher ahead of key rate decisions out later this week and on easing oil prices. The STOXX 600 rose 0.66%, Germany's DAX added 0.99%, the French CAC rose 0.52% and, in the UK, the FTSE100 ended the day up 0.65%.Across the Asia region on Wednesday it was a mixed session with China's CSI index snapping a 10-day winning streak with a tumble of 7.05%, while Hong Kong's Hang Seng fell 1.7%, but Japan's Nikkei rose 0.87% and South Korea's Kospi Index was closed for a holiday.The Australian market closed 0.13% higher on Wednesday as a strong tech rally offset sharp declines among materials and energy stocks.What to watch today:The local tech rally was on the back of Wall Street rising overnight back to near record territory. The materials sell off sparking investors to hit the sell-button on the big iron ore miners followed Beijing dampening hopes of more fiscal spending to aid China's post-pandemic recovery efforts. BHP (ASX:BHP) and Rio Tinto (ASX:RIO) fell 1.2% and 2.3% respectively on Wednesday.On the Rio Tinto story, the mining giant has become the first mining giant to snap up a large lithium company when it agreed to acquire Arcadium Lithium for US$6.7bn in an all-cash deal announced on Wednesday. While BHP is going hard at expanding into the copper space, Rio Tinto becomes the first major mining player to back the lithium space following years of depressed pricing for the once-loved green commodity.Over in New Zealand the RBNZ cut the cash rate by 50bps to 4.75% as inflation returned to the target 1-3%.Ahead of Thursday's trading session on the ASX the SPI futures are anticipating the ASX to open the day up 0.4% tracking Wall Street's rally overnight.On the commodities front this morning, oil is down 0.3% at US$73.36/barrel, gold is down 0.54% at US$2607/ounce and iron ore is down 5.42% at US$106.30/tonne.The Aussie Dollar is buying 67.31 US cents, 100.26 Japanese Yen, 51.36 British Pence, and 1 New Zealand dollar and 11 cents.Trading Ideas:Bell Potter has downgraded the rating on GrainCorp (ASX:GNC) from a buy to a hold and have reduced the 12-month price target on the grain logistics and storage company on the back of analysing key drivers for FY25 including a frost event impacting East coast production and the narrowing of domestic oilseed pricing premiums. Trading Central has identified a bullish signal on KMD Brands (ASX:KMD) following the formation of a pattern over a period of 27-days which is roughly the same amount of time the share price may rise from the close of 47cps to the range of 56 to 58cps according to standard principles of technical analysis.

Chris Weston, Head Of Research, Pepperstone shares his insights on the post-FOMC rally in the markets, how China is riding a wave of positive sentiment into the Golden Week and if there are signs of more stimulus measures to come, as well as where the Australian Dollar is headed. Presented by: Ryan HuangProduced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)Photo credits: Marlin Steel Wire Products LLCSee omnystudio.com/listener for privacy information.

Singapore stocks began the day trading in positive territory, mirroring overnight gains in global markets. In early trade, the Straits Times Index (STI) climbed 0.2 per cent to 3,644.8 points after 46.5 million securities changed hands in the broader market.  In terms of companies to watch, we have DFI Retail Group, after the supermarket and retail store operator yesterday announced plans to divest its entire stake in Yonghui Superstores to low-cost retailer Miniso.  Elsewhere, from the Reserve Bank of Australia holding its key rate at a 12-year high, to China unveiling its biggest package yet to shore up its property market – more global headlines remain in focus.  Also on deck – Meta AI chatbots that speak in the voices of John Cena and other celebrities! On Market View, The Evening Runway's finance presenter Chua Tian Tian unpacked the developments with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.See omnystudio.com/listener for privacy information.

With US Federal Reserve Chairman Jerome Powell signalling interest rate cuts ahead, the US dollar's likely to weaken with the Kiwi dollar rising against it, Imre Speizer, Head of NZ Markets Strategy at Westpac Institutional Bank, says.Speaking in a new episode of the Of Interest podcast, Speizer says although the expected central bank interest rate trajectory is very similar in NZ and the US over the next 12 months, financial markets will focus much more on the US."If the two racehorses go neck and neck, that should probably be neutral for the Kiwi dollar. [But] I don't think it will be, because the market will put a lot more importance on the US side of things. So even though the yield spread between New Zealand rates and US rates might not move too much, just the fact that the Fed is cutting aggressively will actually weigh on the broader US dollar," Speizer says."So you'll get the market selling the US dollar against all of the major G10 currencies and that will have a ripple effect into the Kiwi-US exchange rate... And therefore, if we see that US dollar weakening, which is our view over the next few quarters, you should see the Kiwi-US, all things equal, rising a bit."Speizer also expects local swap rates, already down significantly over the last couple of months, to continue falling."The swap rates are going to fall a bit further over the next few quarters, and that's simply mechanical. So even if views around the economy don't change, the markets have already priced in this whole easing cycle. So think of it as they're priced in, they know the Official Cash Rate is 5.25% today. They believe it'll be below 5% by the end of the year. And in a year's time, into the threes [3% range], that's already priced in," Speizer says."So as you move forward in time, those high OCRs drop out of the calculation of a swap rate and you just mechanically end up with a lower rate. So even if nothing in the world changed, you would see, for example, that two year swap rate moving from its current rate of about 3.85% down towards somewhere in the lower threes over time. So that's just time and the mathematics doing its work. It's not really the market moving as such.""Swap rates are very important in the New Zealand financial markets. They're arguably the most important interest rate instrument. Whatever swap rates do, other interest rates will follow. So, for example, if your two year swap rate went up by 100 basis points, you would find mortgage rates following suit, other business lending rates, bond yields, pretty much anything. They are the foundation of all interest rates in New Zealand. And the swap rates themselves are constructed by expectations of the OCR mostly," says Speizer.In the podcast audio he also talks about what in Powell's Jackson Hole comments surprised financial markets, what to watch ahead of September's Federal Open Markets Committee meeting, OCR market expectations, what the yield curve is telling us at the moment, how commodities might start to exert more influence on exchange rates, the NZ government bond market following the issuing last week of a $6 billion bond that attracted record interest of $22.7 billion, the yen carry trade, Australia, China, geopolitical risk, and where he sees the NZ dollar at year's end.

The likelihood of a rate cut out of the Fed in September sent Wall Street back into rally mode overnight as investors digested the positive rate outlook in the Fed's latest FOMC meeting minutes. The S&P 500 rose 0.42% on Wednesday, while the Nasdaq added 0.57%, and the Dow Jones ended the day up 0.14%. Wall Street now awaits further indication of rate cuts out of Fed Chair JeromePowell at his Jackson Hole Economic Symposium speech on Friday. US retail giant Target jumped 11% on Wednesday after reporting Q2 earnings that exceeded Wall Street estimates while department store giant Macy's tumbled 13% after lowering its full year sales forecast.Over in Europe on Wednesday, markets closed higher on positive sentiment out of the U.S. and ahead of flash PMI figures out for the eurozone on Thursday. The STOXX 600 rose 0.32% on Wednesday, Germany's DAX added 0.5%, the French CAC gained 0.52%, and, in the UK, the FTSE100 closed the midweek session up 0.12%.Across the Asia region on Wednesday, markets were mostly lower on weaker-than-expected economic data out in the region. Japan's Nikkei fell 0.3% after Japan's trade balance data for July indicated higher exports than imports, imports exceeded expectations and exports fell short of economists' forecasts. Hong Kong's Hang Seng fell 0.82% on Wednesday, China's CSI index lost 0.33% and South Korea's Kospi index ended the day up 0.17%.Locally on Wednesday, the ASX200 reversed losses in afternoon trade as a 5% rally for tech stocks and a 1.72% gain among mining stocks offset losses among energy, REIT and financial stocks.Wisetech global did most of the heavy lifting in the tech-sector's near 5% rally as the logistics software company soared over 18% on FY24 results including total revenue increasing 15% organically on FY23 to $1.041bn, CargoWise revenue lifting 19% organically to $880.30m, underlying NPAT rising 15% on FY23 to $283.5m, and the final dividend increased 10% to 9.2cps. WiseTech's results were driven by its recent aggressive acquisition strategy flowing through to improved financial results.What to watch today:Ahead of Thursday's trading session the SPI futures are anticipating the ASX to open the day up 0.35% tracking global gains overnight.Australian property development company Charter Hall also rocketed over 15.5% on Wednesday after releasing stronger-than-expected FY24 results including operating earnings of $358.7, with operating EPS post-tax of 75.8cps, FY24 statutory loss of $222.1m and distributions to the value of 45.1cps. Investors likely rallied around the REIT stocks after it issued guidance for FY25 with the expectation of FY25 EPS to grow to approximately 79cps, with a 6% increase in distributions.On the commodities front this morning, oil is trading 1.7% lower at US$71.92/barrel, gold is up just 0.02% at US$2513/ounce, and iron ore is down 0.11% at US$97.99/tonne.The Aussie dollar is buying US$0.67 cents, 97.90 Japanese Yen, 51.53 British Pence, and NZ$1.09.Trading Ideas:Bell Potter has increased the 12-month price target on Cedar Woods (ASX:CWP) from $5.75 to $6.50 and maintain a buy rating on the real estate development company following FY24 results coming in as a strong beat including EPS of 49.2cps which beat Bell Potter expectations by 7.4% and the company guided to NPAT growth of 10% for FY25.Trading Central has identified a bullish signal on Hansen Technologies (ASX:HSN) following the formation of a pattern over a period of 54-days which is roughly the same amount of time the share price may rise from the close of $4.68 to the range of $5.15 to $5.25 according to standard principles of technical analysis.

Wall Street's 8-day winning streak ended overnight as investors took a breather from the comeback rally after the early August mass market sell-off. The Dow Jones fell 0.15% on Tuesday, the S&P500 lost 0.2% and the tech-heavy Nasdaq ended the day down 0.33%. This week, investors are preparing for the Federal Reserve's annual Jackson Hole Economic Symposium where Fed Chair, Jerome Powell, will speak on Friday. Investors are also likely taking a breather from the recent equities rally ahead of the US Fed's latest FOMC meeting minutes out on Wednesday US time before assessing their next moves in line with the rate outlook from the Fed at the last rate-decision meeting.Over in Europe on Tuesday, markets closed lower on Tuesday as economic uncertainty weighed on investor sentiment. The STOXX 600 fell 0.46% with all-but the automotive sector ending the day in the red, while Germany's DAX lost 0.35% on Tuesday, the French CAC fell 0.22% and, in the UK, the FTSE100 ended the day down 1%. Germany's producer price index fell 0.8% YoY in July, while inflation in the euro zone was 2.6% in July, up from 2.5% in June with both datasets weighing on investor sentiment on Tuesday.Across Asia on Tuesday, markets closed mostly higher tracking Wall Street's strength on Monday and after China's loan prime rates were held, in-line with expectations. Japan's Nikkei led the gains with a 1.8% rise, while South Korea's Kospi index rose 0.83%, and China's CSI Index added 0.72%, while Hong Kong's Hang Seng fell 0.5% on Tuesday.Locally on Tuesday, the ASX200 rose for an 8th straight session on Tuesday, closing the day up 0.2% above 8000 points for the first time since the early-August mass sell-off.What to watch today:The RBA meeting minutes out yesterday revealed the RBA considered raising Australia's cash rate from the 12-year high 4.35% in August in a bid to return inflation to the target 2-3% range in a more reasonable timeframe. The RBA also didn't rule out any further rate hikes which saw market gains ease in afternoon trade from the morning rally.The hawkish tone out of the RBA meeting minutes weighed on real estate stocks yesterday with the sector posting a 1.55% decline while a tech and materials rally more than offset the weakness among real estate stocks.Baby Bunting shares soared 8.85% on Tuesday after the baby retailer released FY24 results. Investors overlooked the decline in sales, profit and increase in net debt to buy into the stock on outlook for improved outlook in FY25 amid cost cutting measures and pro forma NPAT expectations of between $9.5m and $12.5m. Plumbing supplies giant Reliance Worldwide also rallied just shy of 9% yesterday on the release of FY24 results including net sales growth of 0.2%. Investors bought in also on strong outlook for FY25 in anticipation for this company to form part of the group of entities that will benefit from an easing interest rate environment. On the commodities front this morning, oil is trading 0.41% lower at US$73.36/barrel, gold is up 0.43% at US$2514/ounce and iron ore is up 0.3% at US$98.10/tonne.The Aussie dollar has strengthened overnight to buy 67.39 US cents, 98.11 Japanese Yen, 51.79 British Pence and 1 New Zealand dollar and 10 cents.Ahead of the midweek trading session on the local bourse, the SPI futures are anticipating the ASX to open the day down 0.55% tracking the global market sell-off overnight. Trading Ideas:Bell Potter has decreased the 12-month price target on Mader Group (ASX:MAD) from $7.60 to $6.80 and maintain a buy rating on the leading provider of specialised contract labour for maintenance of heavy mobile equipment in the resources and civil industries, following the release of Mader's FY24 results. Near-term outlook supported by mid-cycle fleet renewal in Australia and North America, however, the analyst is cautious that chal

US equities ended mixed overnight after a choppy day of trade. The Dow slipped 141 points (-0.36%). Up 90 points at best. Down 246 points at worst. The S&P 500 finished unchanged after two straight days of gains last week, rebounding from last Monday's sharp sell-off that shook markets around the globe. Tech-heavy NASDAQ rose 0.21%, and the Russell 2000 Index focused on small companies lost 0.91%. Markets are now waiting for Wednesday's CPI data. Inflation result needs to be in the sweet spot, volatility may return if inflation is too low, reigniting fears that the US is heading for recession. But if inflation is too high it may encourage fears that the Fed may not be able to cut rates quickly enough to protect the economy. Treasury yields fell a touch ahead of inflation. 10Y yield down 3.2bps and the 2Y yield fell 3.6bps. VIX up 1.67%, Bitcoin down 2.31%, USD Index and Aussie Dollar flat.SPI Futures flat. Another big day of reporting ahead. Some big names include CSL, SEK, TPW and CGF. COMMODITESOil prices jump on prospect of widening Middle East war shrinking supply.Gold rises over 1% on safe-haven demand.Copper rallies ahead of Chinese and US data.OPEC cuts oil demand growth forecast, highlighting dilemma over Oct hike.Chevron delivers industry first in ultra-high pressure oil field.Canada's Barrick Gold beats second-quarter profit estimates.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.

In this podcast we discuss the latest in grain markets, FX, interest rates and US election with Dennis Voznesenski, agricultural economist and Joseph Capurso, head of international economics.     Disclaimer: Important Information This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”). Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au. No Reliance This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes. This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast. The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made. Liability Disclaimer The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided, or arising out of the use of all or part of the podcast.  

Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. The US saw small caps surge on rate cut bets and investors focus on investors bank revival. Meanwhile, a resource slump weighs on European stocks. The ASX is set to rise as gold hits a record high, with Aussie shares expected to rise ahead of BP releasing their quarterly numbers. Additionally, the Aussie Dollar eases. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

A couple of months ago we introduced Mr. Beatup to the podcast. He made the case Tesla was oversold and it has jumped 70% since then. He's back on this episode to make the case that the market has overreacted to Nike. Can lightening strike twice - tune in and see. That's not all we cover in a jam packed episode of Equity Mates:Why the Aussie dollar is risingThe opportunities for investors and consumers when the dollar is rising A framework to approach investing for kids Some of the assets that make the most sense for a 20+ year time horizon—------Have an investing question?Ask via our website and we'll answer it on the podcast.Join the conversation in the Facebook Discussion GroupOr get put in touch with a professional financial advisor by filling out this formWant more Equity Mates?Sign up to our email to keep up with business news Listen to our basics-of-investing podcast: Get Started Investing (Apple | Spotify)Watch Equity Mates on YouTubePick up our books: Get Started Investing and Don't Stress, Just InvestFollow us on social media: Instagram, TikTok, LinkedIn, Facebook, Twitter & even Threads—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

The Aussie dollar hasn't done a lot over the last year, but now it's on the move. Ray Attrill, head of FX Strategy at NAB, tells Sean Aylmer why the dollar is rallying, and just how far it can go.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

The Australian share market felt the woes of the miners, finishing down, but rate talks have sent the Aussie dollar shooting higher. Is 70 US cents in range?See omnystudio.com/listener for privacy information.

Wall Street started the new trading week mixed as investors sold out of big tech stocks in favour of the banks and energy stocks. The Dow Jones rose 0.6% on Monday while the S&P500 and Nasdaq posted declines of 0.31% and 1.09% respectively. The pullback in tech stocks is ahead of the U.S. PCE data released later this week which is the Fed's preferred measure of inflation and is expected to be a 0.1% rise on April which would indicate a decline from April's 0.2% rise and signal inflation is easing. With some key inflation drivers remaining sticky though, investors have been bracing for higher interest rates for longer.Over in Europe markets closed higher on Monday ahead of key inflation data and central bank decisions out in the region this week. The STOXX600 rose 0.8% on Monday, Germany's DAX added 0.89%, the French CAC climbed 1.03% and, in the UK, the FTSE100 ended the day up 0.53%.Asia markets mostly slipped on Monday as investors in the APAC region brace for key inflation data out later this week in Japan and Australia. Hong Kong's Hang Seng fell 0.88% on Monday while China's CSI index fell 0.54% yesterday.What to watch today:The local share market started the new trading week 0.8% lower following the release of some disappointing company updates and ahead of the release of Australia's inflation print. Energy stocks took the biggest hit to start the new trading week as the sector closed the day down 1.76% while healthcare was hit with a 1.63% decline on Monday.Sleep apnoea specialist ResMed (ASX:RMD) tumbled 13.2% on Monday on fresh results of a weight loss drug-trial spooked the market about the relevance of ResMed's devices once again, while online fashion luxury retail platform Cettire (ASX:CTT) tanked 49% after the company said its Q4 trading had been hit by a lull in online luxury spend.Elsewhere in fashion, Myer (ASX:MYR) shares jumped 22% on Monday after the department store giant announced it is looking into a potential merger with Premier Investments' apparel business which includes Just Jeans.Embattled casino operator Star Entertainment (ASX:SGR) fell a further 5.7% yesterday after the company issued a profit warning and noted that former Chairman, David Foster, has left the board.Local iron ore miners also felt the brunt of investor demand concerns with a decline on Monday, tracking the price of the commodity amid fears of prolonged subdued demand out of China.Ahead of Tuesday's trading session the SPI futures are anticipating the ASX to open the day up 0.47%.On the commodities front this morning oil is trading 1.17% higher at US$81.68/barrel, gold is up 0.5% at US$2333/ounce and iron ore is down 0.18% at US$106.96/tonne.1 Aussie dollar is buying 67 US cents, 106.26 Japanese Yen, 52.87 British Pence and 1 New Zealand dollar and 9 cents.Trading Ideas:Bell Potter has downgraded City Chic (ASX:CCX) from a buy to a hold and have significantly reduced the 12-month price target on the plus size fashion retailer from 62cps to 20cps following the announcement of the company divesting its US business and the company undertaking a capital raising with proceeds aiming to pay down debt.Trading Central has identified a bullish signal on Jupiter Mines (ASX:JMS) following the formation of a pattern over a period of 30 days which is roughly the same amount of time the share price may rise from the close of $0.32 to the range of $0.42 to $0.44 according to standard principles of technical analysis.

This audio is brought to you by Endress and Hauser, a leading supplier of products, solutions and services for industrial process measurement and automation. JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of listing in Australia but acknowledges that such a move is possible in future. Incoming CEO Scott Cummins, the Australian civil engineer who succeeds South African Sean Flanagan on March 1, reiterated that governance and control of Aveng will continue to be in South Africa, where it will remain listed on the JSE. However, CFO Adrian Macartney, who is relocating to Melbourne to participate in the group's newly assembled executive structure, confirmed during a results presentation that the group had been assessing a diversification of its sources of capital for some time and that an Australian listing could, thus, represent a "natural home". He stressed that such a move was not imminent, and that no thought had yet been given to whether it would be a primary listing or a dual listing. The decision to change the reporting currency from rands to Australian dollars, he added, was not a precursor to a change in domicile, but rather a reflection of the fact that 91% of the group's revenue was sourced from outside South Africa. In addition, there were factors to consider - from tax to market recognition and receptiveness - before any listing decision could be taken. Cummins stressed that his immediate priority was to focus the group's infrastructure, building and contract mining brands of McConnell Dowell, Built Environs and Moolmans respectively on pursuing higher margins rather than revenue. "One hundred percent of my focus, and that of my executive team, is on improving the week-in, week-out performance of all of our business units, where we want to raise the margin percentage that we report to the market every six months," he said, while indicating that a listing in Australia could only be considered once a positive track-record had been firmly established. In the interim period to the end of December, the group's order book fell to A$3.6-billion (R44.5-billion) from A$4.2-billion (R52.2-billion) in June 2023. Headline earnings rose 74% to A$11.3-million (R137-million), from A$6.5-million (R77-million) in December 2022. He acknowledged the prevailing difficult trading conditions for mining in South Africa but insisted that the Moolmans fleet renewal programme would remain a priority, alongside efforts to diversify the company's client, commodity and geographic profile. Moolmans would remain focused on surface-mining but was keen to diversify away from the current dominance of manganese in its portfolio to include other commodities such as gold and uranium, with prospects in Namibia and West Africa being actively pursued. While transport infrastructure-related work was tapering somewhat in Australia, McConnell Dowell was moving to occupy a niche position in the growing market for new energy, including the conversion of gold mines into pumped-hydro schemes. Cummins indicated that McConnell Dowell would seek to consolidate its pioneering position in the pumped-hydro sector, while pursuing aspects of the broader renewable-energy construction market, such as the building of near-shore structures for offshore wind farms. Its Built Environs business, meanwhile, would continue to position itself for hospital construction work, given the relative complexity of such projects when compared with to the general building market. There was no intention, however, to re-enter the South African infrastructure and building markets, which Aveng exited when it sold Grinaker-LTA in 2019.

This audio is brought to you by Endress and Hauser, a leading supplier of products, solutions and services for industrial process measurement and automation. JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of listing in Australia but acknowledges that such a move is possible in future. Incoming CEO Scott Cummins, the Australian civil engineer who succeeds South African Sean Flanagan on March 1, reiterated that governance and control of Aveng will continue to be in South Africa, where it will remain listed on the JSE. However, CFO Adrian Macartney, who is relocating to Melbourne to participate in the group's newly assembled executive structure, confirmed during a results presentation that the group had been assessing a diversification of its sources of capital for some time and that an Australian listing could, thus, represent a "natural home". He stressed that such a move was not imminent, and that no thought had yet been given to whether it would be a primary listing or a dual listing. The decision to change the reporting currency from rands to Australian dollars, he added, was not a precursor to a change in domicile, but rather a reflection of the fact that 91% of the group's revenue was sourced from outside South Africa. In addition, there were factors to consider - from tax to market recognition and receptiveness - before any listing decision could be taken. Cummins stressed that his immediate priority was to focus the group's infrastructure, building and contract mining brands of McConnell Dowell, Built Environs and Moolmans respectively on pursuing higher margins rather than revenue. "One hundred percent of my focus, and that of my executive team, is on improving the week-in, week-out performance of all of our business units, where we want to raise the margin percentage that we report to the market every six months," he said, while indicating that a listing in Australia could only be considered once a positive track-record had been firmly established. In the interim period to the end of December, the group's order book fell to A$3.6-billion (R44.5-billion) from A$4.2-billion (R52.2-billion) in June 2023. Headline earnings rose 74% to A$11.3-million (R137-million), from A$6.5-million (R77-million) in December 2022. He acknowledged the prevailing difficult trading conditions for mining in South Africa but insisted that the Moolmans fleet renewal programme would remain a priority, alongside efforts to diversify the company's client, commodity and geographic profile. Moolmans would remain focused on surface-mining but was keen to diversify away from the current dominance of manganese in its portfolio to include other commodities such as gold and uranium, with prospects in Namibia and West Africa being actively pursued. While transport infrastructure-related work was tapering somewhat in Australia, McConnell Dowell was moving to occupy a niche position in the growing market for new energy, including the conversion of gold mines into pumped-hydro schemes. Cummins indicated that McConnell Dowell would seek to consolidate its pioneering position in the pumped-hydro sector, while pursuing aspects of the broader renewable-energy construction market, such as the building of near-shore structures for offshore wind farms. Its Built Environs business, meanwhile, would continue to position itself for hospital construction work, given the relative complexity of such projects when compared with to the general building market. There was no intention, however, to re-enter the South African infrastructure and building markets, which Aveng exited when it sold Grinaker-LTA in 2019.

Wall Street finished mixed overnight. The S&P 500 marked its fourth consecutive record-high close, driven by strong quarterly results from Netflix +10.7% and positive reports from chipmaker ASML +8.85%. NASDAQ Composite rose 0.36%, now ~4% below its 2021 all-time high, while the NASDAQ 100 advanced 0.3%, hitting record highs. The Dow Jones fell 99 points (-0.26%). Up 159 points at best. Down 110 points at worst. Treasury yields rebounded following strong US business activity data and ahead of a Federal Reserve meeting. Among stocks, Microsoft +0.9% reached a record high, surpassing a $3 trillion market value for the first time. Netflix gained 10.7%, reaching a two-year high, as robust subscriber growth boosted confidence.Tesla down 2.84% in after-hours trade, following a decline in Q4 gross margin to 17.6%, down from 23.8% a year earlier, attributing it to price cuts and incentives aimed at boosting electric vehicle demand. Tesla recorded record deliveries in the quarter, achieving its 2023 deliveries target of 1.8m cars, but lost its top EV maker spot to China's BYD in Q4. Q4 revenue rose 3% to $25.17bn, marking the slowest pace of growth in over three years.ASX poised to rise. SPI Futures up 18 points (+0.24%).Base metals broadly higher gaining as the USD dropped. Nickel +1.69%, Zinc +2.5%, Lead -0.16%, and Tin +1.36%.Copper rose to a three-week high, up 1.95%, on hopes of more stimulus measures from China.Aluminium edges 0.09% higher as markets gauge risks of potential EU import sanctions on major producer Russia.Gold down 0.81% after data showed US business activity.Dalian Iron ore extended gains for a second consecutive session, up 1.76% as markets eagerly await details of stimulus measures from China.WTI was up 1.02%, and Brent Crude advanced 0.85% to a four-week high on a bigger-than-expected US crude storage withdrawal, a drop in US crude output and a weaker US dollar.10Y Bond yields – US 4.180%, Australia 4.279%, and Germany 2.349%.Aussie Dollar edges lower 0.05% to 65.75US cents, and the USD dropped after rising in eight of the last 10 sessions.  Why not sign up for a free trial? Get access to expert insights and research and become a better investor.Make life simple. Invest with Marcus Today.

Senior Economist at AMP Capital Diana Mousina joined Peter Fegan to explain what the rise in value for the Aussie dollar means for Australians. See omnystudio.com/listener for privacy information.

The dollar has taken a battering over the second half of 2023, but a change of direction on rates for central banks might see it come storming back.See omnystudio.com/listener for privacy information.

The RBA hiked as expected yesterday, but the Aussie dollar fell overnight. Some in the market saw the RBA's comments about future hikes as dovish. In our bonus deep-dive interview, ANZ Senior Commodities Strategist Daniel Hynes, explains why central bank buying of gold has nearly doubled. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

See omnystudio.com/listener for privacy information.

Dr Gennadi Kazakevitch from Monash University talks about the main economic events of the past week in Australia and the world. - Доктор Геннадий Казакевич, экономист из университета имени Монаша, рассказывает о важных экономических событиях и тенденциях в Австралии и мире.

It has been a volatile 6 months in macroeconomic outlooks. A year ago, it looked as if Australia was lagging behind the US economically; a few months ago that narrative reversed. And then it flip-flopped several more times. Join us in this week's podcast as Nucleus Wealth's Chief Investment Officer Damien Klassen, Chief Strategist David Llewellyn-Smith and Senior Financial Adviser, Samuel Kerr dig into this topic. Agenda: Why the AUD is going to 40 cents Fed still hiking, RBA all but done China's bust structural End of cycle shock Next cycle: Australia poorly positioned No AI No reshoring China's commodity super-deflation, limited ESG commodity exposure Another lost decade on poor policy making View the presentation slides To listen in podcast form click here Get an obligation-free portfolio recommendation to see how we would invest for you Learn more about the hosts Find us on social media: Twitter Instagram Facebook LinkedIn Want to know more?  Click here to Subscribe Nucleus Wealth is an Australian Investment & Superannuation manager that can help you reach your financial goals through transparent, low-cost, ethically tailored portfolios. To find out more head to Nucleus Wealth Website. The information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796

– UK inflation falls… a little. Sort of. – The ugly truth about interest rates – What to do with a lower Aussie dollar – What does the Rich List tell us about Australian business – Should we tax wealth?See omnystudio.com/listener for privacy information.

The RBA shocked global markets when they hiked policy rates by 25 basis points for their May policy meeting, after having just paused their aggressive rate hiking cycle in the prior meeting, in order to examine the effects of their year-long measures in tightening policy. Some will interpret the RBA's decision as a forward indicator for other major central banks' respective hiking and pausing cycles. However, Weston Nakamura discusses broader takeaways from the RBA with applications to the Fed, ECB, Bank of England, Bank of Japan, and other central bank policies. Weston also discusses the currency markets in reaction to the RBA shock rate hike - namely the Aussie Dollar against the yen, and how the yen can serve as a useful base currency pair to read market reactions as central banks continue to release their respective policy decisions in the immediate term. -- Follow Market Depth On Spotify: https://spoti.fi/3mVTs9U Follow Market Depth On Apple Podcasts: https://apple.co/40dA2vm Follow Weston: https://twitter.com/acrossthespread Follow Blockworks: https://twitter.com/Blockworks_  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ --or Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

On this episode of Money and Me, Michelle Martin travels to the land of kangaroos, where she speaks to Jason Dasey, ABC journalist and former Money FM presenter to discuss the current state of Australia's banking system amid the global banking frenzy, the RBA's interest rate hike outlook, what's causing the depreciation of the Aussie dollar against the Sing dollar and more! See omnystudio.com/listener for privacy information.

The Australian dollar is generally considered a risk sensitive currency, so what happens when markets are attempting to assess a US bank collapse, still hot inflation, and employment numbers that could be read two ways? NAB's Head of FX Strategy Ray Attrill joins the podcast to share: His forecast for the Aussie dollar, and outlook for the USD Why markets are rapidly repricing the likelihood of further rate rises The impact of China's reopening on commodities and the Australian economy, and Whether inflation is likely to fall as quickly as central banks – and markets – are hoping. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth If you're short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won't just reduce your listening time; it has also been shown to improve knowledge retention.

Blake appeared on The Dive this week with Sascha to talk about the Reserve Bank - and their trial of the use of a central bank digital currency here in Australia.The world is rapidly moving towards a cashless society – Cash was used for 59% of point-of-sale transactions in 2022, down from 72% in 2019. But in Australia less than 25% of transactions use cash, in the UK it's just 15% and in Norway, only 3% of payment transactions are cash!So our currency is basically digital already. So when the RBA announced plans to create a Central Bank Digital Currency our biggest question was… Why? Isn't the Aussie Dollar pretty digital already?So we set out to better understand this emerging world of Central Bank Digital Currencies or CBDC's today.Tell us what you think of The Dive – email us at thedive@equitymates.com. Follow our Instagram here, or find out more here. Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Elon Musk is back in the news for the wrong reasons again, which sent his stocks plummeting to its lowest in a month… What happened here? Meanwhile, what is Adidas going to do with its €1.2 billion Yeezy goods after its fallout with Kanye West? And what are the bond markets indicating about the expectations of US markets? Get up to speed with everything you need to know with Michelle Martin and Ryan Huang on this episode of Market View.See omnystudio.com/listener for privacy information.

The Reserve Bank has been looking into the use of a central bank digital currency here in Australia.The world is rapidly moving towards a cashless society - Cash was used for 59% of point-of-sale transactions in 2022, down from 72% in 2019. But in Australia less than 25% of transactions use cash, in the UK it's just 15% and in Norway, only 3% of payment transactions are cash!So our currency is basically digital already. So when the RBA announced plans to create a Central Bank Digital Currency our biggest question was... Why? Isn't the Aussie Dollar pretty digital already?So we set out to better understand this emerging world of Central Bank Digital Currencies or CBDC's today. Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here. Stay engaged with the Equity Mates community by joining our forum. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

China and Australia appear to be mending their relationship after over a year of acrimony. That stoked hopes for reopening key bilateral trade links and sent the Aussie Dollar sharply higher, but the rally may struggle to continue.

China and Australia appear to be mending their relationship after over a year of acrimony. That stoked hopes for reopening key bilateral trade links and sent the Aussie Dollar sharply higher, but the rally may struggle to continue.

What is going on with the Aussie dollar? Ben O'Shea and Sunrise correspondent Syan Vallance discuss what this means for the State budget.See omnystudio.com/listener for privacy information.