MYEFO Inflation Implications & Westpac Cancels 2026 Rate Cut Call

MYEFO inflation implications & Westpac cancels 2026 rate cut call

SBS Finance Editor Ricardo Gonçalves speaks with Shane Oliver from AMP about the implications the government's Mid-Year Economic and Fiscal Outlook will have on inflation as Kyle Rodda from Capital.com looks through the day's sharemarket action including Westpac's change of heart on interest rates

ASX falls, Westpac removes rate cut call, silver tops $US65 per ounce — as it happened

Major bank economics teams are rushing to change their cash rate calls ahead of next year. The ASX drops for its third straight day as it follows a mostly negative session on Wall Street, while the price of oil has drops to its lowest level in four years.

Precious metals rally: Silver crosses $65, Gold gains on labour market weakness

The unemployment data has helped precious metals and weakened the dollar, prompting investors to look for other asset classes The post Precious metals rally: Silver crosses $65, Gold gains on labour market weakness appeared first on Gulf Business.

Silver tops $65 for first time; gold firms as US unemployment rate climbs

Silver vaulted past the $65 mark for the first time on Wednesday, while gold edged higher as weaker US labour data rekindled expectations of interest-rate cuts, pressuring the dollar and boosting demand for precious metals. Spot silver climbed 2.8% to a record high of $65.63 an ounce. Gold edged up alongside it, with spot prices rising 0.4% to $4,321.56 an ounce by 0230 GMT. US gold futures gained 0.4% to $4,350.50. “A lot of the wrap-ups of the…

Australia Stock Market Today: ASX 200 Ends Lower as Rate-Hike Bets Rise, Gold Stocks Hit Records and Treasury Wine Slides (17 December 2025)

Australia’s share market closed lower on Wednesday as investors juggled rising interest-rate uncertainty at home, shifting budget forecasts, and another day of sharp stock-specific moves across banks, energy and consumer names. The benchmark S&P/ASX 200 finished down 0.21% at 8,580.7, extending the market’s third consecutive daily decline. The index traded in a range of 8,547.1 to 8,598.9 with turnover running into the hundreds of millions of sh…

Silver reaches new all-time high of $65

More to come......