ETFs with crypto up, US dollar down
The latest Weekly Market Monitor tracking the ETF industry from ETF Securities found crypto ETFs were last week’s top performers.
Challenger flags possible exit from banking
Despite a robust full-year result, Challenger is considering exiting its recently acquired banking business.
July turnaround for Aussie ETF industry
BetaShares’ Australian ETF review for the month ending July has shown some upward growth for the industry after three months of decline.
Recession worries receding – Insync
Insync Funds Management has delivered some optimism with a white paper suggesting recessionary expectations are receding.
ASIC expresses concern as crypto investment runs second to Aussie equities
Cryptocurrency investment is running only second to Australian equity and ASIC is worried, according to its chair, Joe Longo.
A survey conducted by new digital investing platform, Syfe, has found Australian investors confidence and appetite is back and raring to go.
Inflation expectations hits highest in ten years
Roy Morgan’s latest Inflation Expectations Index for July rose by 0.2 percentage points to record a ten-year high of 5.9 per cent.
Commbank reports $9.6b net profit
The Commonwealth Bank has reported a strong full year profit but pointed to challenging times ahead.
“Gamechanger” climate bill spurs ESG investments
deVere Group’s chief executive said the U.S. Senate’s passing of a million-dollar climate bill has kickstarted more interest in ESG investing.
Should APRA review its buffers?
After the Bank of England has relaxed the requirement for borrowers, some expect that APRA may follow suit.
