Investing.com– There are three potential scenarios for the Australian dollar through mid-2025, contingent on U.S. policy under President-elect Trump, analysts at Bank of America (BofA) said in a note, stating a wide range of outcomes for the currency, reflecting uncertainties in global trade. In BofA’s baseline scenario, the AUD is expected to weaken to 0.63 […]

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The fallout of President Yoon continues but not without drama. In case you missed the developments from yesterday: South Korean President declares martial low “to clear out pro-North Korean elements” South Korean parliament votes to block President’s martial law declaration South Korean president reverses his martial law declaration The Korean won has largely retraced the […]

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Australia’s Treasurer Chalmers: Today’s national accounts show positive but week GDP growth People are under pressure but it’s encouraging to see growth in real disposable incomes. Australia’s economy grew by 0.3% in the third quarter, falling short of the expected 0.4% as weakness in consumer and business spending offset increased government expenditure on defense and […]