Bonuses Back as ASX Acts Like Nothing Has Happened
6 Articles
6 Articles
Inflation Rate Eases to 2.1 Percent, Fuelling Rate Cut Hopes
Australia’s inflation rate has cooled to its lowest level in more than 18 months, strengthening expectations the Reserve Bank could begin cutting interest rates as early as next month. If the RBA moves in July, it would mark the first cash rate cut since February. Consumer price index (CPI) data released on June 25 showed annual inflation fell to 2.1 percent in May, down from 2.4 percent in April. The latest figures mark the lowest annual CPI in…
ASX Market Close: Index flat as miners fall | June 25, 2025
The ASX 200 was trading flat today after inflation data fell below forecasts, to 2.1%. As the day unfolded, Financials emerged as the strongest performing sector, followed by Discretionary, Real Estate, and Utilities. Materials was the biggest loser by a big margin, followed by Staples, Energy, and Health Care. In the Green Evion Group (ASX:EVG) jumped more than 26% leading into close after its 50/50 joint venture, Panthera Graphite, secured a s…
Australia CPI Slows To 2.1% Yoy In May, Weakest Since October 2024 - Data Intelligence
Australia’s monthly CPI eased more than expected in May, dropping from 2.4% yoy to 2.1% yoy, the lowest level since October 2024 and below forecasts of 2.4% yoy. Underlying inflation also softened, with trimmed mean CPI falling from 2.8% yoy to 2.4% yoy, reinforcing signs that underlying price pressures are easing across the economy. Excluding volatile items and holiday travel, inflation ticked down slightly to 2.7% yoy from 2.8% yoy. The larges…
Lunch Wrap: ASX loses fizz as soft CPI lifts banks; DroneShield soars on record deal
ASX fizzles as soft CPI lifts banks, hammers miners DroneShield rockets on record European order Paladin names new CEO The ASX bolted out of the blocks on Wednesday, up nearly half a per cent inside the first hour, but the early fizz went flat by lunch. Local traders digested a mixed brew of softer inflation and wobbly commodity prices. Overnight in New York, the bulls were on parade. The S&P 500 added 1.1% and the tech-heavy Nasdaq almost cli…
Australia CPI slows to 2.1% yoy in May, weakest since October 2024 - Action Forex
Australia’s monthly CPI eased more than expected in May, dropping from 2.4% yoy to 2.1% yoy, the lowest level since October 2024 and below forecasts of 2.4% yoy. Underlying inflation also softened, with trimmed mean CPI falling from 2.8% yoy to 2.4% yoy, reinforcing signs that underlying price pressures are easing across the economy. Excluding […] The post Australia CPI slows to 2.1% yoy in May, weakest since October 2024 appeared first on Actio…
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