Mining The Markets

Australia

Global equities, US yields fall ahead of debt ceiling vote

BY Reuters  • May 31, 2023May 31, 2023
By Chibuike Oguh NEW YORK (Reuters) -Global equities and U.S. Treasury yields were lower on Wednesday as risk-off sentiment dominated markets, with investors focused on a much-anticipated vote in Cong[...]
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Asia Australia Business Economy Europe Updated US

Dollar backs off highs after Fed officials suggest skipping June rate hike

BY Reuters  • May 31, 2023May 31, 2023
(Updates prices throughout story, adds analyst comment in paragraphs 7 and 8, recasts lede and paragraphs 2, 3 and 4 to reflect comments from Fed governor) By Hannah Lang WASHINGTON (Reuters) –[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Australia looks to rest of world even as China trade ties heal

BY Reuters  • May 31, 2023May 31, 2023
By Lewis Jackson SYDNEY (Reuters) – Australia will encourage businesses diversify their trade into new and emerging markets, Trade Minister Don Farrell will say in a speech on Thursday, even as[...]
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Asia Australia Economy Europe Politics Top News UK

Australia’s central bank reaffirms inflation fight, warns of pain ahead

BY Reuters  • May 31, 2023May 31, 2023
By Stella Qiu SYDNEY (Reuters) -Australia’s central bank will do whatever it takes to bring inflation under control, its governor said on Wednesday, warning households to brace for the pain ahea[...]
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Asia Australia Economy Updated

Australia inflation accelerates in April, keeps pressure on RBA

BY Reuters  • May 31, 2023May 31, 2023
By Stella Qiu SYDNEY (Reuters) – Australian consumer prices rose by more than expected in April on a jump in fuel prices and strong gains in housing, suggesting sticky inflation will likely keep[...]
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Asia Australia Business Economy

New Zealand-UK free trade agreement to start benefiting exporters -NZ PM

BY Reuters  • May 30, 2023May 31, 2023
By Lucy Craymer WELLINGTON (Reuters) – New Zealand companies will start to benefit from the country’s new free trade agreement (FTA) with the United Kingdom with the pact now in force, the gover[...]
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Asia Australia Business Economy Europe UK

Yen stronger post-emergency meeting, dollar stays lower

BY Reuters  • May 30, 2023May 30, 2023
By Hannah Lang WASHINGTON (Reuters) – Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month top versus the yen before retreating after Japanese o[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Dollar, European stocks steady with U.S. debt deal in focus

BY Reuters  • May 30, 2023May 30, 2023
By Joice Alves and Scott Murdoch LONDON/SYDNEY (Reuters) – The U.S. dollar steadied after climbing to a two-month high and European stocks flattened on Tuesday as relief that a possible default[...]
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Asia Australia Business Economy Europe Updated US

Singapore home prices surpass Hong Kong as APAC’s most expensive – survey

BY Reuters  • May 30, 2023May 30, 2023
HONG KONG (Reuters) – Singapore’s private home prices have surpassed Hong Kong as the most expensive in Asia Pacific in 2023, while rents in the city-state were also the region’s hig[...]
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