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RBA deputy hints at rate cuts; Microsoft, Meta huge profits; copper falls most in 40 years
Manage episode 497578334 series 2749949
Friday 1 August 2025
The deputy governor of the RBA hints at a rate cut in a fortnight’s time, just as figures suggest a pickup in the retail and building sectors.
And more, including:
- Microsoft and Meta announce huge quarterly profits.
- Copper - the bellwether commodity - tumbles 20 per cent, the biggest intraday fall in nearly 40 years.
- Virgin gives the green light for dogs and cats to travel with passengers in cabins.
- Westpac takes over from Commonwealth bank, sponsoring Cricket Australia.
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And don’t miss the latest episode of How Do They Afford That? - this week, cash or cashless: what’s better for the budget? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.
4667 episodes
Manage episode 497578334 series 2749949
Friday 1 August 2025
The deputy governor of the RBA hints at a rate cut in a fortnight’s time, just as figures suggest a pickup in the retail and building sectors.
And more, including:
- Microsoft and Meta announce huge quarterly profits.
- Copper - the bellwether commodity - tumbles 20 per cent, the biggest intraday fall in nearly 40 years.
- Virgin gives the green light for dogs and cats to travel with passengers in cabins.
- Westpac takes over from Commonwealth bank, sponsoring Cricket Australia.
Join our free daily newsletter here.
And don’t miss the latest episode of How Do They Afford That? - this week, cash or cashless: what’s better for the budget? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.
4667 episodes
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