News

Investment markets & key developments: share markets bounce despite short-term outlook

Share markets mostly rose over the last week on hopes that central banks will be able to tame inflation without causing a recession.

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Key economic data released this week, omicron variants on the rise, CBA ensures customers are doing ok despite the inflationary environment, and MORE.

Time to sit tight in the market?

Fatigue is setting in, but investors still have an appetite for the big miners.

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Boris Johnson forced out of office by his own party, Australians urged to get their booster as omicron hospitalisations rise, UBS cuts Zip's target price from 90c to 45c, and MORE.

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Disruption for British Conservative Party as PM Boris Johnson refuses to step down, global recession fears flagged by potential drop in petrol prices, energy bills set to rise, + MORE.

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Cash rate lifted to 1.35%, economists tip plunge in housing market over next 12 months, Qld nears its energy cap for second consecutive month, + MORE.

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Ukrainian troops lose final eastern stronghold to Russian forces, UBS tips home lending to drop by 30-40%, 23 NSW LGA's declared flood zones, and MORE.

Investment markets & key developments: recession fears run rampant

Central bank leaders say low inflation environment now behind us.

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Sydney experiences severe weather conditions, futures point to 96-point rise for the ASX, will interest rates still go up tomorrow? + MORE.

Year-end blues for investors

A 2% fall on 30 June leaves the ASX200 in a technical correction.

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New Zealand tipped to enter a recession in 2023, Australia ranks 9th best nation for living with covid, CBA hikes fixed interest rates by 140 bps, and MORE.

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PM Albanese commits to 43% emissions reduction target in Paris, Qantas reduces commissions with travel agents, New Zealand PM Jacinda Ardern warns NATO of China's rejection of international norms, + MORE.

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