SBS On the Money: Market Day 27 December 2023

SBS On the Money: Market Day 27 December 2023

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Markets brace for rate rise and can you trust AI for financial advice?

SBS Finance Editor Ricardo Gonçalves speaks with Mathan Somasundaram from Deep Data Analytics and looks ahead to tomorrow's RBA interest rate decision on what will be a big week for global central banks; plus Stephanie Youssef looks at how Generation Z is seeking out financial ad ...  Show more

$200bn wiped off ASX since start of Middle-East war ahead of RBA meeting

SBS Finance Editor Ricardo Gonçalves speaks with Morgans Chief Economist Michael Knox who is betting the RBA will need to lift interest rates three times this year as a wave of inflation prepares to come down on the economy; while Stephanie Youssef looks through the day's market ...  Show more

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Investors up bets on 50bps U.S. rate cut
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The greenback falls and the Dow hits a record high with investors increasingly betting on a 50bps interest rate cut from the Fed later this week. In Japan, the Nikkei is in the red as the yen strengthens past ¥140 /USD, while a CNBC survey shows a split over the timing of the ...

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Earnings season dilemma, Seven’s golden Olympics, tech stocks tumble
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Earnings season kicks off this week with the resources, financial services and media companies tipped to star. 

Also today:

<ul> <li aria-level="1">Queensland goes into lockdown and NSW COVID ...  Show more

Sentiment leads the market; the Fed follows
Wall Street Breakfast

The Market Pinball Wizard, Avi Gilburt, shares how the market forces the Fed's hands (0:05). FX prediction: sizable decline coming in 2nd half of 2024 in DXY, then a multi-year rally. Will emerging markets outperform S&P? (1:40) Investing in an election year (5:15). Why it's time ...  Show more

US Markets Wrap: A tale of two markets - Is disinflation fading in the US?
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David Dietze, Managing Principal, Peapack Private shares his insights on the mixed picture that we're seeing ahead of the upcoming Fed meeting, whether it's time to take money off the table, where the bitcoin game stands at the moment, as well as his shopping list for stocks this ...  Show more