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March 12, 2024
Australia's NAB Business Confidence ticked down from 1 to 0 in February. Business Conditions rose from 7 to 10. Trading conditions rose form 9 to 14. Profitability conditions rose from 6 to 9. Employment conditions rose from 5 to 6.
March 12, 2024
But confidence and forward orders remain lagging
March 12, 2024
Spending on Taylor Swift concerts defies pattern of consumers tightening their belts, with CBA predicting a September rate cut
February 22, 2024
The Australian sharemarket was largely flat but managed to finish Thursday in the green, following a mixed day of trading on Wall Street overnight.
February 14, 2024
Business confidence dipped as conditions eased, hovering just below their long-term average after two years of above-average performance.
February 13, 2024
(RTTNews) - Australias business conditions weakened in January and confidence remained weak despite a marginal improvement, survey results from N...
February 13, 2024
Australian business conditions softened further in January led by a slowdown in the service sector, a survey showed on Tuesday, while price pressures ticked up again after cooling the month before. ... -February 12, 2024 at 07:30 pm EST - MarketScreener
February 13, 2024
Australia NAB Business Confidence improved slightly form 0 to 1 in January. Despite this marginal improvement, Business Conditions dropped from 8 to 6, with notable decreases in trading conditions from 11 to 8, profitability conditions from 7 to 5, and employment conditions also falling from 7 to 5.
February 13, 2024
On the contrary, Dollar stands out as the day's strongest performer for now, with the financial markets on edge for the upcoming US CPI data release. Analysts are forecasting deceleration in headline CPI from 3.4% to 2.9% in January, alongside minor decrease in core CPI from 3.9% to 3.8%.
February 13, 2024
Dollar rises significantly in early US session supported by the latest consumer inflation data, which also triggers a marked in DOW futures, dropping by over -300 points. Concurrently, 10-year Treasury yield is soaring near 4.3% mark. Most critically, the inflation data revealed that core CPI remained unchanged at 3.9% in January. This stagnation in core CPI—previously at 4% just three months ago and 4.3% six months back—sparked debates on whether disinflationary trends are stalling. This de...