Australian Consumer Sentiment Slumps Following RBA’s Rate Hike

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Australian Consumer Sentiment,RBA,Interest Rate Hike

Australian consumer sentiment has slumped following the Reserve Bank of Australia's recent interest rate hike. The China economy is also struggling to gain traction despite stimulus measures. Asian stocks are expected to gain as CPI data and Fedspeak loom. Goldman Sachs predicts that inflation in Australia and New Zealand will fall below 3% by 2024. UK Minister says he wasn't surprised that EU and Australia trade talks fell apart. Tech and energy sectors lift the TSX index to a 0.28% gain. An FTX employee recruited by Sam Bankman-Fried is seeking a $275,000 bonus. Oil output in the Permian Basin is expected to grow through at least year-end. The yen surges from its year's low, with traders attributing the move to options expiry. Ottawa extends the deadline for underused housing tax. Surveys show that women are less likely than men to request a raise or negotiate salary. Many Canadians are reported to be 'uncomfortably close to broke' and stuck in a 'chaotic whirlwind of personal finance stress'. Canadian tech workers earn 46% less than their counterparts in the US.

Australian consumer sentiment has slumped following the Reserve Bank of Australia's recent interest rate hike. The China economy is also struggling to gain traction despite stimulus measures. Asian stocks are expected to gain as CPI data and Fedspeak loom. Goldman Sachs predicts that inflation in Australia and New Zealand will fall below 3% by 2024. UK Minister says he wasn't surprised that EU and Australia trade talks fell apart. Tech and energy sector s lift the TSX index to a 0.28% gain.

An FTX employee recruited by Sam Bankman-Fried is seeking a $275,000 bonus. Oil output in the Permian Basin is expected to grow through at least year-end. The yen surges from its year's low, with traders attributing the move to options expiry. Ottawa extends the deadline for underused housing tax. Surveys show that women are less likely than men to request a raise or negotiate salary. Many Canadians are reported to be 'uncomfortably close to broke' and stuck in a 'chaotic whirlwind of personal finance stress'. Canadian tech workers earn 46% less than their counterparts in the US

Australian Consumer Sentiment RBA Interest Rate Hike China Economy Stimulus Asian Stocks CPI Data Fedspeak Inflation UK Minister EU Australia Trade Talks TSX Index Tech Sector Energy Sector FTX Employee Sam Bankman-Fried Bonus Oil Output Permian Basin Yen Options Expiry Ottawa Underused Housing Tax Women In The Workplace Salary Negotiation Personal Finance Stress Canadian Tech Workers US

 

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