Bursa Malaysia's benchmark KLCI sits just above 1,735 after recovering in two of three sessions from a 15-point slide, but weak global cues point to a lower open. For traders, the setup argues for rangebound action absent a local catalyst.
Source: (us) · rttnews.com
Taiwan's benchmark TAIEX is holding just above the 44,930-point plateau after a two-day slide erased almost 1,150 points. A weak global forecast driven by surging oil prices and Middle East unrest points to further downside for Friday's session, with U.S. and European losses setting the tone.
Source: (us) · rttnews.com
Indonesia's Jakarta Composite Index is expected to open below 6,500 on Friday after a weak global lead, as surging oil prices and Middle East unrest pressure emerging-market risk appetite. The index rebounded Thursday, but the level is now a key support test for traders.
Source: (us) · rttnews.com
S&P Global's Australian manufacturing PMI held at 52.0, supporting a subdued but positive growth outlook. Investors will weigh rising input costs against the weakest charge inflation since early 2026 for implications for RBA policy and the Australian dollar.
Source: (us) · rttnews.com
Commonwealth Bank of Australia reported a cash net profit of $11 billion, beating expectations, but CEO Matt Comyn cautioned that higher rates and tax changes are crimping household budgets and housing activity. The outlook is clouded by a 15-20% drop in mortgage applications across the banking sector and a hawkish RBA stance.
Source: cessnockadvertiser.com.au · hepburnadvocate.com.au
REA Group’s FY26 earnings dazzle with A$1.7 billion revenue and a rare 4% margin, yet analysts warn the cycle is turning. Slower listings and lower yield growth could make the current margin peak unsustainable.
Source: illawarramercury.com.au · hardenexpress.com.au
Financial markets face a binary RBA decision on August 11 as the Iran conflict fuels oil-price risks and the fuel excise cut ends. NAB’s Gareth Spence warns cost pressures could push inflation higher, creating a dilemma between holding and hiking rates.
Source: canberratimes.com.au · dailyadvertiser.com.au
The Australian Treasury cautions that surging oil prices from the US-Iran war, Red Sea attacks, and Ukraine strikes could ignite inflation and slow growth, putting RBA rate cuts in doubt. With Brent crude hitting $100, investors face stagflationary headwinds and rising commodity volatility.
Australian rate watchers brace for Governor Bullock’s speech and Q2 CPI this week. ANZ sees trimmed mean inflation at 3.7% YoY, supporting an RBA hold, but elevated oil prices from US‑Iran tensions leave August and November hikes on the table.
Source: bordermail.com.au · yasstribune.com.au
Hidden government charges account for 50% of a new Sydney home's cost, distorting the housing market and challenging investors. This analysis examines how taxes, migration, and credit cycles shape property values and the outlook for real estate returns.
May inflation figures will show headline dropping to 4.1% while the trimmed mean climbs to 3.5%, putting the RBA in a bind. Falling fuel prices provide relief, but broadening food and services inflation signals persistent cost pressures that may keep rate hikes on the table.
The Reserve Bank of Australia is overwhelmingly expected to pause its hiking cycle, holding rates at 4.35% after three consecutive increases. A Reuters survey shows 42 of 45 economists forecast no change, with the next move likely a cut. Meanwhile, a $195M government loan program supports supply chains amid Middle East turmoil.
Source: katherinetimes.com.au · dailyliberal.com.au
The Australian Labor government is evaluating a suite of structural policy reforms to combat a persistent inflation storm threatening economic stability. As traditional monetary tools face limitations, the focus is shifting toward long-term changes in tax, housing, and energy markets.
Source: blayneychronicle.com.au · cootamundraherald.com.au
A sudden spike in fuel prices has triggered a cascade of rising costs across the construction industry, severely denting business and consumer confidence. The surge is impacting logistics and material production, threatening the viability of ongoing and future infrastructure projects.
Source: cessnockadvertiser.com.au · perthnow.com.au
The Australian equity market is navigating a period of heightened intraday volatility, with the ASX 200 recording significant mid-session reversals over consecutive trading days. Investors are demonstrating a lack of clear conviction as the index pares both early losses and gains in response to shifting macro sentiments.
Source: Rttnews · Rttnews
The Australian Federal Budget is facing a 'defining influence' from the escalating conflict in the Middle East, forcing a recalibration of fiscal priorities. Analysts warn that rising energy costs and defense requirements are complicating the government's efforts to provide cost-of-living relief while maintaining a surplus.
Source: greatlakesadvocate.com.au · lithgowmercury.com.au
Australian Treasurer Jim Chalmers has issued a stark warning regarding the nation's economic trajectory, citing the dual pressures of record-high interest rates and a global energy crisis. The warning underscores a shift in fiscal expectations as the government prepares for a challenging budget cycle amid stalling growth.
The Reserve Bank of Australia unexpectedly raised interest rates on Tuesday, citing a 'tight call' driven by the inflationary fallout of the escalating war in Iran. The move underscores the central bank's priority to curb supply-side price shocks despite a cooling domestic economy.
Source: marketscreener.com · thejakartapost.com
As the Reserve Bank of Australia faces mounting pressure to curb persistent inflation, a growing consensus of economists and policymakers is warning against further interest rate hikes. The debate is shifting toward more surgical fiscal and structural interventions to address price pressures without triggering a severe economic downturn.
Source: theage.com.au · smh.com.au
Australian equities faced significant downward pressure on Monday as investors moved to the sidelines ahead of the Reserve Bank of Australia's policy meeting. The mid-market slide reflects growing uncertainty regarding the central bank's stance on inflation and the future path of interest rates.
Source: Rttnews · Rttnews