Australia markets close in 5 hours 59 minutes
  • Business
    Australian Associated Press

    European shares in the red

    European stocks have dropped in early trading after more Fed policymakers signalled they will start to raise US interest rates in March to combat inflation.Asian shares fell after Fed Governor Lael Brainard became the latest and most senior US central banker to indicate that the US Federal Reserve will hike rates in March.

  • Business
    Australian Associated Press

    Stabilisation signs emerge

    Jittery global financial markets have seen signs of stabilisation, with major equity bourses and bond yields holding their ground and the dollar wilting after the highest US inflation reading in nearly 40 years.The 7 per cent year-on-year US consumer price inflation reading was the highest since 1982, but after weeks of Federal Reserve officials talking about faster interest rate hikes and stimulus withdrawal it had been widely expected.

  • Business
    Yahoo Finance AU

    Bitcoin or Ethereum? Which is a better hedge against inflation

    As prices rise all over the globe and the cost of living increases, are digital currencies a hedge against inflation?