Westpac becomes second major bank to cut interest rates with new fixed rates
Australia’s second largest lender, Westpac, has become the latest of the big four banks to cut its interest rates just days prior to the Reserve Bank meeting to discuss Australia’s official cash rate.
Australia’s economy is slowly turning the corner, CBA boss says
CBA beat expectations with its first-half result, and CEO Matt Comyn sees relief for home loan customers relief imminent with the RBA expected to cut rates next week.
Australian Dollar remains steady despite risk-off sentiment, Fed’s cautious signals
The Australian Dollar (AUD) maintains its position against the US Dollar (USD) on Wednesday. However, the AUD/USD pair faced ...
Commonwealth Bank of Australia to deliver Aussies multi-billion-dollar windfall as it reveals major half year profit
Aussies will be delivered billions in dividends as the nation’s largest bank pays its shareholders from a windfall profit in ...
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Bonds extend losses as Jerome Powell says no rush to cut
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.
Asian equities mixed ahead of US inflation reading
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.
Japanese Yen and Aussie Dollar News: US CPI Report Crucial for Price Trends
USD/JPY traders eye Japan’s machine tool orders and US CPI data for market direction. Will softer inflation revive Fed rate ...
Commonwealth Bank posts $5.1billion interim profit, beating estimates
Commonwealth Bank will pay shareholders a $2.25 per share dividend, 5 per cent higher than last year, after generating a ...
AUD/JPY Price Forecast: Stages recovery after hitting five-month low
The AUD/JPY bounced off after hitting five-month lows of 94.30 on February 10, yet buyers stepped in and pushed the ...
Commonwealth Bank Raises 1st Half Profit 6.1% Amid Higher Volumes — Update
SYDNEY--Commonwealth Bank raised its first-half profit by 6.1% as Australia's largest bank lifted lending volumes and cut loan impairments despite pressure on consumers and businesses from inflation ...