Prices retreated amid concerns over falling commodity prices and a decline in mortgage applications.

Market Overview for the Week of August 10–14: The S&P/ASX 200 recorded a high of 9,282.9, a low of 9,090.5, and closed at 9,115.2, down 1.6% from the previous week. The index retreated amid concerns over falling commodity prices and a decline in mortgage applications. On August 11, the Reserve Bank of Australia (RBA) kept the policy interest rate unchanged at 4.35%, in line with market consensus. As expectations for further rate hikes had already receded following the recent rally in equity prices, the announcement was largely priced in, leading to a "buy the rumor, sell the fact" dynamic. On the 13th, ANZ Group, a major bank, cited tax system changes...

Fisco JapanAug 16 12:22

Reserve Bank of Australia Holds Key Rate Steady, But More Hikes Still Possible Amid Persistently High Inflation

MT NewswiresAug 11 14:11

Winter storms in Chile disrupt copper mining; producers issue further warnings of tightening supply

① A deadly storm struck northern Chile, triggering floods and heavy snowfall, forcing the suspension of large-scale copper mining operations; mining activities and logistics in parts of Argentina were also affected. ② The storm represents a short-term disruption linked to El Niño, but analysts note that weather-related disruptions are becoming a recurring feature of global copper supply. ③ Beyond operational challenges posed by climate change, copper mining also faces declining ore grades and aging mines, contributing to a tightening of global copper supply.

cls.cnJul 30 11:56

BHP Group Ltd port workers plan to strike, potentially disrupting operations at the world's largest iron ore export terminal.

① Hundreds of workers at Port Hedland are scheduled to stage an eight-hour work stoppage from 2 p.m. to 10 p.m. on July 16; ② BHP Group Ltd stated: "A robust iron ore industry is in the interest of all Australians. We look forward to continuing constructive negotiations to reach a fair agreement while ensuring the safety and stability of our operations."

cls.cnJul 8 16:59

Australian Consumer Confidence Rises as Financial Outlook Improves

MT NewswiresJun 10 08:40

Australian Manufacturing Sector's Growth Decelerates in May as Middle East Conflict Continues to Reverberate

MT NewswiresJun 1 08:45