ASX: The local market is expected to open in the red this morning after higher inflation figures in yesterday’s session.
Wall St: It was a lacklustre session on Wall Street overnight with the Nasdaq ending flat and falls in the S&P and Dow.
Right at the close, the lost 0.49 per cent, while the gained 0.02 per cent. The fell 0.73 per cent.
BTC: overnight, down around 5.5 per cent and dropping below US$60,000.
Inflation concerns: Reserve Bank deputy governor Guy Debelle will have the opportunity to when he faces senators today.
September quarter data showed the annual rate of underlying inflation - which smooths out excessive price swings and is linked to interest rate decisions made by the RBA - unexpectedly jumped to 2.1 per cent.
Inflation is sitting in the RBAs target range and has investors pondering if these figures will change the outlook for when the central bank may lift the cash rate.
Climate shame: Scott Morrison will jet off today for global climate talks hoping to mitigate with a belated 2050 net zero emissions target.
Morrison will bring much weaker climate commitments relative to comparable nations and has ruled out formally increasing the Government’s 2030 emissions reduction target.
Billionaire tax: US billionaires will have to pay tax on unrealised gains from their assets to help finance US President Joe Biden's emerging social-policy and climate-change legislation.
A new proposal, dubbed the , is part of a two-pronged legislative strategy that also includes a 15 per cent corporate minimum tax on the most profitable US corporations.
It’s a bird, it’s a plane: Nope, it’s a taxi. Passengers flying into Rome from 2024 onwards will be into the city centre.
The initial cost of a ride will be around 150 euros (AU$233), and will take around 15 minutes, compared with 45 minutes or more by car.
France is ready for a serious discussion with the UK on the migrant crisis but will not be “held hostage” by Britain’s domestic politics, the country’s interior minister Gerald Darmanin has said. It comes after relations between Paris and London reached a historic low after 27 people drowned off the UK coast while attempting to cross the English Channel on Wednesday. Interior ministers from France, the Netherlands, Belgium and the European Commission met in Calais on Sunday to discuss small boat crossings - without UK officials or Home Secretary Priti Patel present.
(Bloomberg) -- The foreign-exchange market stabilized after Friday’s volatility amid signs the Omicron coronavirus variant causes only mild symptoms and vaccine reformulations against it can be achieved quickly.Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAn Arab City’s Booming Art Scene Is Also a Grab at Soft PowerThe U.S. dollar rose modestly against the yen and euro in early Asia trading. The currency of South Africa, where the variant was iden