Sky News enterprise Editor Ross Greenwood says it was “pretty bad out there”, regarding the ASX. “The ASX 200 started the day, was a fairly modest fall at the start … down by around 100 points. But as really the momentum built up during the day when the Japanese and Korean markets hit the skids,” … Read more
Sky News host Rita Panahi has reacted to US Vice President Kamala Harris’ “hilarious” financial advice. “Let’s have some more financial advice from the woman one geriatric heartbeat away from the Oval Office,” she said. “Hilarious. That public service, none of it good, has seen Kamala Harris accumulate a net worth somewhere between seven and … Read more
The Reserve lender of Australia has left the cash rate on hold at 4.35 per cent. Sky News company Editor Ross Greenwood says the reason for the pressure on the RBA is due to employment remaining “very strong”. Mr Greenwood said there are also signs that inflation is “not reducing as quickly” as the RBA … Read more
Sky News enterprise Editor Ross Greenwood says financial markets are “schizophrenic” at the moment. “With every new inflation number, employment statistic or economic expansion projection; equity, bond and currency markets, they boil and bubble,” Mr Greenwood said. “Take Dan Kemp, the global Chief funding Officer for Morningstar’s funding Management Group. “In recent weeks, his research … Read more
Sky News enterprise Editor Ross Greenwood says Australia and the United States’ economies are on the “same trajectory”. “It’s been the same issues for inflation that have really driven the American prices as they are here,” he told Sky News Australia. “So it’s things such as rent which have been so important, and energy prices.” … Read more
Sky News enterprise Reporter Ed Boyd says the stock industry in America “skyrocketed” about 3 per cent last night. “It was quite surprising,” Mr Boyd told Sky News Australia. It comes after the US Federal Reserve raised its official loan charge rates by 0.5 per cent – the highest rate hike in 22 years. “Normally … Read more
Donald Trump’s trade war with China has seen the US stock industry shed 350 points over the weekend, raising concerns over industry futures, says Investsmart’s Evan Lucas. Disclaimer: If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. … Read more