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Australia's second-quarter inflation drops to lowest since March 2021, supporting case for rate cut
Australia’s headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in at 2.1% year over year, compared to 2.4% in the preceding period. This was lower than the 2.2% expected by economists polled by Reuters, and is almost touching the lower band of the 2%-3% target set by the Reserve Bank of Australia. On July 24, RBA governor Michelle Bullock said in a speech that she expected headline inflation in the June quarter “to be in the lower half of our 2%–3% target range,” while explaining that it partly reflects the ongoing effect of temporary cost-of-living ... (full story)
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From abs.gov.au|Jul 29, 2025|3 commentsThe monthly CPI indicator rose 1.9% in the 12 months to June. • The largest contributors to the annual movement were Food and non-alcoholic beverages (+3.2%), Alcohol and tobacco ...
From abs.gov.au|Jul 29, 2025|2 commentsThe Consumer Price Index (CPI) rose 0.7% this quarter. • Over the twelve months to the June 2025 quarter, the CPI rose 2.1%. • The most significant price rises this quarter were ...
From @FirstSquawk|Jul 29, 2025|3 commentsAn earthquake with a magnitude of 6.0 has struck off the east coast of Kamchatka, according to GFZ. TSUNAMI WARNING HAWAII EFFECT AT 243 PM HST. ESTIMATED ARRIVAL TIME IN HAWAII OF THE FIRST TSUNAMI WAVE IS 0717 PM HST Tsunami waves have reached Japan's northern Hokkaido following an earthquake off the Kamchatka Peninsula, according to NHK.
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From thegoldforecast.com|Jul 29, 2025Market analysts increasingly point to gold's gathering downward momentum, a perspective reinforced by both technical indicators and fundamental analysis. However, the critical ...
From fxempire.com|Jul 29, 2025The resolution of the US-EU trade dispute has pushed gold (XAUUSD) prices lower. As market fears of increased uncertainty faded, the safe-haven demand for gold dropped. The gold ...
From cnbc.com|Jul 29, 2025A powerful magnitude 8.7 earthquake struck off Russia’s Far Eastern Kamchatka Peninsula on Wednesday, generating a tsunami of up to 4 metres (13 feet), prompting evacuations and ...
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- Jul 29, 2025 8:50pm Posted byFundamental Analysis25,299
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