News

The big news across Australasia yesterday related to the bank stocks which rallied when the Reserve Bank’s new capital adequacy rules weren’t as harsh as some investors feared.

Global markets​ were higher overnight ​as Wall Street’s main ind​ices broke ​a three-day losing streak following a report that the United States and China were moving closer to signing a “phase one” trade deal. ​Trade War news flow continues to drive inve

The Reserve Bank of Australia kept the cash rate at 0.75​% yesterday, with governor Philip Lowe saying the economy had passed a gentle turning point and that the board wanted more time to see how the current low rates played out.

Global markets ​retraced overnight after Donald Trump moved to re-introduce tariffs on steel and aluminium from Argentina and Brazil.​

​Global markets ​were lower on Friday, to wrap up what was ​a strong month were equities, with markets around fresh all-time highs.