Economic news

Wall Street hits fresh record highs as investors prepare for an FOMC decision and major tech company earnings.

Gold prices have plunged nearly 10% from record highs, with progress in US-China trade talks weighing on the yellow metal.

The FOMC is expected to cut rates by 25 basis points, with attention on the central bank's guidance amid expectations for further cuts in the future.

Markets brace themselves for a busy week ahead with key focus on trade talks, the FOMC meeting and key earnings including MAG7 companies

Another RBA cut before the end of 2025 hinges on the official September CPI data.

Global markets confront a massive week of US-China trade talks, central bank decisions and Magnificent Seven earnings.

Consumer inflation remained unchanged at 3.8% in September despite forecasts of a rise, leading markets to price in higher odds of rate cuts from the BoE

Interest rates are the cost of borrowing money and the benchmark rate used in valuations.

Investors expect a strong set of Q3 results for Tesla but fears remain about the company's outlook.

Australian labour force data showed a jump in the country's unemployment rate, bringing forward the expected timing of the next RBA cut and pushing the ASX200 to record highs.