August CPI shows sticky core inflation ahead of Fed meeting

Dave:This has been an insane week in the bond market and subsequently in the housing market, we have seen bond yields rise to the highest they’ve been in over 20 years. And if you listen to this show, you know that has direct implications on mortgage rates and on the housing market. And so today…

There are a couple of expiries to take note of on the day, as highlighted in bold below. The first ones are for EUR/USD, layered at the 1.1400 and 1.1450 levels. They don’t quite tie to any technical significance but once again could just act as bookends for price action in the session ahead. The…

Platypus oversaw about A$5bn ($3.6bn) in 2024. Credit: JHVEPhoto/ Shutterstock.com. Australian Unity has decided to shut down Platypus Asset Management, the group’s Australian equities subsidiary, after completing a review of the operation.  Australian Unity wealth & capital markets CEO Balaji Gopal said the assessment examined several possible paths for Platypus and found that owning an…

A Ukrainian unit used heavy bomber drones to drop war robots behind Russian lines as part of a secretive operation that it says has helped retake multiple settlements. Ukraine’s Third Army Corps on Sunday announced that Operation Vivaldi, near the eastern city of Lyman, had so far brought 125 square kilometers back under Ukrainian control,…

The week saw brokers pursue acquisitions, regulatory approvals and expansion into new markets while adapting to evolving regulations. Authorities in Europe and Australia stepped up oversight, as firms also accelerated AI adoption and platform upgrades to strengthen their competitive positions. IG Group asked shareholders to approve a new Jersey-incorporated holding company while reporting an 18%…