The Reserve Bank of Australia (RBA) board members decided to leave the Official Cash Rate (OCR) unchanged at 4.35%, following the conclusion of its December monetary policy meeting on Tuesday. The decision came in line with the market expectations. The RBA raised the interest rate by 25 basis points (bps) in November. RBA’s Governor Michele Bullock…
AUD/USD loses traction near 0.6575 following the Reserve Bank of Australia (RBA) monetary policy meeting. The RBA decided to hold the rate unchanged at 4.35%, as widely expected. The market has priced in 97% odds that the Fed will keep the rate unchanged at a range of 5.25% to 5.50% in the next meeting. Investors…
AUD/JPY drifts lower for the second straight day and dives to a three-week low on Tuesday. The RBA decided to keep its benchmark interest rate unchanged, as was widely anticipated. The accompanying policy statement weighs on the Aussie amid a generally softer risk tone. The AUD/JPY cross remains under some selling pressure for the second…
I am a 60 year-old single woman who lives with a partner, who is a disabled. We are not married mostly due to financial reasons. I have just started receiving Social Security disability benefits after being forced to retire in 2021. I have a pension of $3,200 per month and a Social Security payment of…
I am 67 years old, single and retired at 66. After taxes, I receive $3,100 per month from a pension. After taxes and my Part B Medicare payment, I receive $2,100 per month from Social Security. I have approximately $100,000 in mutual funds/savings accounts and $500,000 in my 401(k) account. I am able to live…
Gold prices fell in India on Friday, according to data from India's Multi Commodity Exchange (MCX). Gold price stood at 62,442 Indian Rupees (INR) per 10 grams, down INR 85 compared with the INR 62,527 it cost on Thursday. As for futures contracts, Gold prices increased to INR 62,871 per 10 gms from INR 62,640 per…
Former IBM CEO Ginni Rometty on driving positive, meaningful change for individuals, our organizations, and our world. November 29, 2023 Kilito Chan/Getty Images Tweet Post Share Annotate Save Print It’s always been important for companies to take responsibility for the creation, application, and disruption of the technologies they create and use, but now that the…
China's economic indicators are signaling robust health as the People's Bank of China (PBOC) reports a solid third-quarter GDP growth of 4.9%. This performance is key to achieving the nation's economic targets, leveraging both cross-cyclical and counter-cyclical measures. The PBOC's annual report, released Monday, underscores the central bank's commitment to maintaining the yuan's stability while…
Here's a look at the updated playoff picture after Week 13 of the 2023 NFL season, including all the current postseason seed positions and the contenders on the outside looking in...
How do all 32 teams in the NFL stack up against each other after Week 13 of the 2023 NFL season? Sporting News breaks it down with an updated look at the risers, fallers and status quo clubs...
College football's premier event takes place on Saturday. And it's clear the stars will be out in abundance under the bright lights of Jazz at Lincoln Center...
