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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

A substantial fall in secondquarter gdp. Raise to succeed shinzo abe heats up with a long time i lay set to announce his plans. Allys the a longtime set to announce his plans. Taking on the set up from markets this wednesday morning. We are seeing muted price action so far with futures edging higher. The nzx 50 adding 4 10 of a percent. This after the tech that the tech lead rally that saw the nasdaq pushed closer to 12,000. In australia, stocks may edge higher after the worst job worse drop in month. A decline was on positive building data. Checking in on the aussie dollar ahead of the Second Quarter gdp reports. Holding below 74 but still near a two your high. Offshore yuan holding a three year again. The value may test the pbocs tolerance. Check out the euro back below 120 after reaching that level for the first time in two years after the ecb member philip blaines remarks the level does matter from i terry policy. The dollar r ....

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Buoyant house prices brush aside RBA rate rise

Buoyant house prices brush aside RBA rate rise
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

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House prices: Higher interest rates unlikely to erase house price gains

The dominant force of rising demand and low housing stock is expected to underpin the housing market recovery and fuel further price increases in the next few months, albeit at a slower pace, experts say. ....

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How $20 has become the new $10 amid Australia's cost of living crisis

It s not just boutique cafés where prices are soaring with Aussies unlikely to get much change back from a $20 note when buying a burrito, a few sushi rolls or a chicken salad and drink. ....

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