The Australian share market is trading lower on Friday, even as Wall Street's main indices set fresh records, and Reddit debuted on the market with a massive share price jump. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The Australian share market is trading lower on Friday, even as Wall Street's main indices set fresh records, and Reddit debuted on the market with a massive share price jump.
of mortgage borrowers spend more on their mortgage repayments and essential living expenses than they earn. Further weakness in the Chinese property sector could interact with longstanding macro-financial vulnerabilities there. "Financial market participants have been increasingly optimistic about the prospects for a soft landing in the global economy.
The next one is in 2026, so you don't need to stay at home with a grey lead pencil just yet, but plans are underway. It gives the bank's "assessment of the current condition of the financial system" as well as potential risks to the stability of the whole box-and-dice.To see some of the issues the RBA noted last time, here's a link to the most recent FSR..Here's a great read from a while back from my boss Ian Verrender about how the diabetes/weight loss drug Ozempic has created a lot of challenges for companies like F&P Healthcare and home-grown sleep device maker Resmed.higher +0.
I've been waiting for this for a while - how will the US market react to a company that's been around for 20-years and never made a profit?The global market rally overnight, especially in Europe, was driven by increased hopes of interest rates."Equity markets are drinking the cool aid with US and EU indices a sea of green," he wrote.
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