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IPL suspended: Will cricketers remain banned from travelling back to Aus?
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Gold, silver and platinum explode on markets
Precious metals soar on ASX; investors must choose between bullion, futures, or mining stocks amid rising market heat.
Precious metals soar on ASX; investors must choose between bullion, futures, or mining stocks amid rising market heat.
Precious metals are surging on the ASX, with gold, silver, and platinum all making headlines.
Investors now face a critical decision: whether to buy physical bullion, trade futures, or invest in ASX mining stocks.
Each path comes with risk and reward, but with metals running hot, the question is whether markets are just heating up—or already near boiling point.
#Gold #Silver #Platinum #TickerNews
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Appeals court halts Trump’s attempt to fire Cook
Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting
Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting
– A federal appeals court has blocked Trump’s attempt to remove Lisa Cook from the Federal Reserve board.
– Trump’s expected Supreme Court appeal raises concerns about the Federal Reserve’s independence and market stability.
Cook has faced allegations of mortgage fraud, which she denies. Her lawyers assert she has not committed any wrongdoing, and documentation reviewed by NBC News supports her position.
Trump is expected to appeal this ruling to the Supreme Court.
The legal context for Cook’s position at the Federal Reserve highlights that removal can only occur “for cause,” under the Federal Reserve Act. Analysts warn that firing Cook may destabilise the Federal Reserve, which is critical for market stability.
Legal Context
The Supreme Court has previously distinguished the Federal Reserve from other federal agencies, underlining its unique structure.
Concerns have escalated regarding the implications of Trump’s actions on the independence of the Federal Reserve and broader economic stability.
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Chinese auto brands dominate, taking one in five Aussie sales
Chinese car brands surge in Australia, capturing 20% market share with diverse offerings and aiming for expansion despite challenges
Chinese car brands continue to rise in Australia, capturing 20% market share with a diverse range of EV offerings.
– Over 20 Chinese car brands, including BYD and MG, are now available in Australia, with four in the top ten.
– Traditional automakers are adapting to increased competition and concerns about the quality of new Chinese entrants.
Australia is witnessing a significant increase in the presence of Chinese car brands, with over 20 names currently available, including BYD, GWM, and MG. In August, four Chinese brands ranked in the top ten for the first time, indicating a growing market share.
Australia’s low trade barriers facilitate the entry of these brands, which view the market as an opportunity for growth and learning. Most electric vehicles sold outside of Tesla are Chinese, showcasing their dominance even in models from other manufacturers.
Industry analyst Mike Costello from Cox Automotive joins to discuss the latest developments in the EV space, and answers the big question: who was the dominate force at this year’s Munich Motor Show?
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