Fri, 5th Sep 2025
from Finance News Wrap Hosted by Paige Estritori
In this podcast episode, Paige Estritori covers international financial news broadly, detailing a slowing U.S. economy's global impact, predicting interest rates cuts, and reporting on a subsequent stock market rally favoring safe-haven assets like gold. Asian stocks show mixed reactions with China and Japan dipping while Australia sees significant sell-offs. European indices show slight recovery against a weakened Euro, whereas Wall Street enjoys over 1% gains. Turning to Australian financial news, Melbourne emerges as the most affordable capital city for housing with a relatively stagnant property price increase, in contrast to other booming cities. Despite a significant hit to the Australian stock market following U.S. President's inflation comments, gold and silver mining stocks are thriving. Locally, there's controversy around the Labor government's expanded low deposit homebuyer scheme, which could inflate house prices significantly in the coming years.
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