The latest edition of our finance and property news digest with a distinctively Australian flavour.
In another wild week, where FED speak on one hand, and hopium on the other drove markets all over the show, the Dow ended higher on Friday as investors weighed up further hawkish remarks from Federal Reserve officials, and the latest wave of quarterly results from retailers. Looking to the shortened trading week ahead, the Fed’s minutes from its October meeting will garner investor attention for clues on the central bank’s thinking on monetary policy.
Chief Hawk, St. Louis Fed President Bullard said this week that “Thus far, the change in the monetary policy stance appears to have had only limited effects on observed inflation,” in an analysis by the St. Louis Fed that debated the appropriate rate regime for the central bank after six increases since March.
- CONTENTS
0:00 Introduction
0:40 US Monetary Policy - 4:15 US Markets
- 6:00 Oil
12:22 Gold
15:20 Europe and UK - 18:00 ECB Monetary Policy
- 21:10 Asia
25:02 Australia - 27:30 Crypto Winter
28:10 Close
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