NAB forecasts April headline CPI at 4.4% due to fuel excise relief NAB expects Australian April headline CPI to ease to 4.4% due to a 7% monthly decline in automotive fuel prices. The trimmed mean inflation is forecast at 0.35% monthly and 3.4% annually. NAB also
Australia's April CPI slows to 4.4% year-over-year The Australian Consumer Price Index is expected to slow down to a 4.4% year-on-year rate in April. This is down from 4.6% in March, yet still above the Reserve Bank of Australia's target for price stability.
The pair gains 0.14% to 114.17 but stalls as Japanese intervention fears and flat RSI curb upside momentum. The Australian Dollar rose 0.14% against the Japanese Yen to 114.17, supported by improved risk appetite and a weaker safe-haven Yen. The cross-pair hit a daily low
CBA and Westpac project differing April inflation prints, highlighting uncertainty over cost pressures from geopolitical tensions. Australia’s April consumer price index forecasts show a split between major banks, with CBA predicting a 4.3% annual rise and Westpac expectin
Bitcoin mining stocks climbed over 5% as firms repurpose energy infrastructure for AI and high-performance computing demand. Bitcoin mining stocks rallied Tuesday, with TeraWulf (WULF) jumping 17% after announcing a Kentucky data center acquisition. Hut 8 (HUT), IREN (IREN
India increases oil purchases from non-Middle Eastern suppliers as Hormuz disruptions cut off nearly half its usual crude sources. India is accelerating crude imports from Russia, Brazil, and Venezuela after Middle East supply disruptions slashed its usual oil sources. The
President Trump asserts CFTC must retain exclusive authority over prediction markets as states escalate enforcement actions. U.S. President Donald Trump stated the Commodity Futures Trading Commission should maintain exclusive regulatory authority over prediction markets,
Tristan Thompson talks about educating athletes on bitcoin Tristan Thompson, an NBA Champion, has been educating his fellow athletes about bitcoin. He discussed his journey from being a skeptic to a bitcoin advocate. Thompson also shared his regret over a $200 bi
Firm warns delaying policy tightening risks leaving the Fed behind as inflationary pressures build amid easing financial conditions. Citadel Securities has called for the Federal Reserve to pivot toward rate hikes, citing inflation as the dominant economic threat over labo
President asserts CFTC’s sole authority is critical to industry growth and U.S. leadership in crypto regulation. President Donald Trump stated that maintaining the CFTC’s exclusive oversight of prediction markets is critically important for the sector’s development. He emp
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