Stay updated with breaking news from Westpac Consumer. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Australia’s major banks have taken a major step in responding to Tuesday’s Reserve Bank interest rate rise through increasing mortgage rates.
AUD/USD bears are in full steam as the risk-aversion wave directs the quote towards the yearly low of 0.6966, down 1.10% around 0.6995 by the press ti
Find out more about what is moving the US markets ahead of the open.
January 1, 2021SharePrint US The week ahead is all about COVID, the Georgia Senate runoff races, and possibly a negative nonfarm payroll reading. The US is already setting daily COVID-19 records ahead of the holiday surge and concerns are high the new COVID-19 strain believed to be more contagious is spreading across the country. The January 5th Georgia Senate will closely be watched to see if the Democrats can pull off the upset and win both races, which would give them control of the Senate. Before Election Day in November, financial markets priced in for a ‘blue wave’, but that w...
Pound To New Zealand Dollar Rate Rises As UK And EU Vow To Go ‘Extra Mile’ In Brexit Talks The Pound to New Zealand Dollar (GBP/NZD) exchange rate edged higher this morning after UK Prime Minister Boris Johnson and the EU vowed to go the ‘extra mile’ to secure a post-Brexit trade deal. Richard Hunter, the head of markets at Interactive Investor, commented: ‘While it remains too early to predict that the Brexit clouds are clearing, it [the extension to negotiations] nonetheless keeps the hopes of the optimists alive that a potentially chaot...