Money
Apple pushes back US staff return as COVID cases rise
As many continue to work from home, Apple was hoping to return some staff to work – but those plans have been put on hold
Apple is pushing back its return to office deadline by at least a month to October at the earliest.
The iPhone maker has become one of the first U.S. tech giants to delay plans for a return to normal working life, as coronavirus continues to flare around the world and cases involving the highly transmissible Delta variant increase.
Why the Epic Games vs Apple court case could fail
Apple will give its employees at least a month’s notice before mandating a return to offices
Chief Executive Officer Tim Cook stated back in June that employees should begin returning to offices in early September for at least three days a week.
Corporations across the globe are grappling with how to adjust to shifting work demands in the post-COVID era.
Apple’s decision comes as its own employees continue to slam the company, stating that the September deadline is too early to return.
Money
US dollar strength hits NZ dollar amid FX market shifts
US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.
US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.
The US dollar is surging as strong economic growth in the United States contrasts with softer conditions in New Zealand. Policy divergence and complex global FX factors are putting pressure on the New Zealand dollar, leaving traders navigating choppy waters.
Steve Gopalan from SkandaFX breaks down how US interest rates are influencing key currency pairs like USD/JPY, and explains why hedging flows are crucial in today’s volatile environment.
We also explore the ripple effects of geopolitical tensions on oil and broader markets, while examining the Australian labour market’s role in shaping the Reserve Bank of Australia’s monetary policy.
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Money
Oil hits seven-month high, and gold surpasses $5,000 amid US-Iran tensions
Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.
Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.
Oil prices have surged to a seven-month high as escalating tensions between the U.S. and Iran spark fears of global supply disruptions. The Strait of Hormuz remains a flashpoint, with analysts closely monitoring potential military actions that could further strain energy markets.
Investors are reacting to geopolitical uncertainty, with oil markets pricing in heightened risk.
Kyle Rodda from Capital.com joins us to discuss what is driving these record-breaking price movements and the potential implications for the global economy.
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Money
Australia jobs, market trends, and tariff ruling: What investors need to know
Australia’s jobs report shapes rate forecasts, with cyclical assets favored amid market volatility and upcoming Supreme Court rulings on tariffs.
Australia’s jobs report shapes rate forecasts, with cyclical assets favored amid market volatility and upcoming Supreme Court rulings on tariffs.
Australia’s latest jobs report is shaping market expectations and interest rate forecasts. Strong employment growth could boost confidence in the economy, while weaker data might prompt a rethink of monetary policy.
Investors are favouring cyclical assets over growth stocks, targeting sectors like industrials, materials, and energy. David Scutt from StoneX notes this reflects both caution amid market volatility and a bet on areas tied to economic cycles.
Meanwhile, the upcoming Supreme Court ruling on Trump’s reciprocal tariffs could significantly impact markets, yet many are overlooking its potential effects on trade, commodity prices, and sector valuations. Investors should prepare for possible volatility and adjust strategies accordingly.
#AustraliaJobs #InterestRates #CyclicalAssets #GrowthStocks #MarketInsights #TrumpTariffs #InvestorTrends #TickerNews
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