Fri, 6th Dec 2024
from Finance News Wrap Hosted by Paige Estritori
This week's podcast of Financial Services Online covered important financial topics. The Australian dollar is under pressure due to a strong US dollar and China's firming economic grip. Meanwhile, mixed job data forecasts a possible slowdown. The AMP company is undergoing a transformation focusing on advisers and has sold its licensee arm to Entireti for $10.2 million. In New Zealand, the Reserve Bank is expected to reduce the official cash rate, although opinions differ on the extent of the reduction. Locally, the Reserve Bank of Australia is set for a potential split into governance and economic policy boards, causing mixed opinion among economists and market watchers. The implications of these updates on the global and local market will be closely watched.
Embed this episode
No transcript yet.