Page 2 - Wayne Cole News Today

Australian government spending rose in the March quarter to make a much needed contribution to economic growth, data showed on Tuesday, helping offset a steep drag from net exports. ... -June 03, 2024 at 09:55 pm EDT - MarketScreener

Australias top central banker on Wednesday said economic growth in the March quarter was expected to be very weak as high interest rates work to restrain demand. Speaking before... -June 04, 2024 at 07:15 pm EDT - MarketScreener

The Australian government on Monday launched its first Green Treasury Bond through syndication, aiming for a sizable issue of around A$7 billion given indications demand should be strong. ... -June 02, 2024 at 08:45 pm EDT - MarketScreener

SYDNEY (Reuters) -Asian share markets rallied on Monday as investors looked forward to a rate cut in Europe, and quite possibly Canada, as the next step in global policy easing, though sticky inflation threatens to make the process a drawn out affair. There was also better news from China as the private Caixin survey showed a pick-up in its main factory index to a two-year top of 51.7 in May, from 51.4 in April. Japan's factory activity expanded for the first time in a year in May, while ...

World stocks rose on Monday despite a subdued Wall Street following unexpected weakness in U.S. manufacturing data, feeding uncertainty about the U.S. interest rate outlook as the euro zone prepared...

The Australian and New Zealand dollars took a breather on Friday after a week of choppy trading, with a disappointing survey on Chinese manufacturing providing another reason for caution. ...

Australian business investment rose to a near nine-year high in the March quarter as telecoms companies ramped up spending on data centres, while plans for future investment were also upgraded in a... -May 29, 2024 at 09:42 pm EDT - MarketScreener

The Australian and New Zealand dollars steadied on Thursday after suffering a setback from a surge in U.S. bond yields which soured risk appetites, while clouding the outlook for rate cuts globally. ...

Australian consumer price inflation unexpectedly rose to a five-month high in April due in part to increases in petrol, health and holiday costs, adding to risks the next move in interest rates... -May 28, 2024 at 09:44 pm EDT - MarketScreener

SYDNEY (Reuters) -Australian consumer price inflation unexpectedly picked up to a five-month high in April due in part to increases in petrol, health and holiday costs, bolstering expectations that interest rates would not be lowered any time soon. Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) rose at an annual pace of 3.6% in April, up from 3.5% in March and above market forecasts of 3.4%.