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Finance & Markets

Mortgage holders’ confidence crashes to lowest level since 1994 as year that ‘feels like a recession’ looms

Westpac survey results signal growing sense of ‘helplessness’ while Jim Chalmers faces growing pressure to rein in spending Confidence among mortgaged households has crashed to its lowest level in more than three decades amid a growing sense of “helplessness” about the economy, even as a dramatic shift in financial markets suggests there is now a strong chance of a Reserve Bank rate cut by this…

Mortgage holders’ confidence crashes to lowest level since 1994 as year that ‘feels like a recession’ looms

We haven't written up this one. The Guardian has the full story — the link below goes straight to it.

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Oil Prices Plunge Below $92 as Trump Signals Restraint on Iran

Crude oil prices dropped to less than $92 per barrel for Brent and $86 for WTI following reports citing President Trump as not planning to attack Iran “at this point”.

  • Oil prices drop below $92 per barrel
  • U.S. signals restraint on Iran attack
  • OPEC production up 1.38 million barrels daily

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