Finance2026-08-10
Westpac Mortgage Applications Fall 20% After Tax Changes
Westpac reported a 20% fall in mortgage applications as Australian tax changes weighed on property demand. The bank forecast investor housing credit growth would slow from 9.1% this year to 4.5% in 2027, making mortgage demand a headwind for major bank growth.
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Finance2026-08-10
Westpac Mortgage Applications Fall 20% After Tax Changes
Westpac reported a 20% fall in mortgage applications as Australian tax changes weighed on property demand. The bank forecast investor housing credit growth would slow from 9.1% this year to 4.5% in 2027, making mortgage demand a headwind for major bank growth.
Finance2026-08-08
July Jobs Miss: Payrolls Fall by 23,000 vs 80,000 Forecast
U.S. nonfarm payrolls fell by 23,000 jobs in July, while economists polled by Reuters had forecast an 80,000 gain.
Finance2026-08-07
European Earnings Seen Up 22.4%—And It’s Not Just Energy
European earnings estimates are broadening beyond energy as STOXX 600 profit growth is seen at 22.4% for the second quarter.
Finance2026-08-06
Oxy Profit Hits Its Highest Since 2022—Can the Windfall Last?
Occidental Petroleum reported adjusted earnings of $2.40 a share, above the $1.84 estimate and its highest quarterly profit since 2022.
Finance2026-08-05
SpaceX Revenue Jumps 92% as Capex Hits $18.4B
SpaceX shares fell after the results as investors focused on the company’s unusually high capital spending.
Finance2026-08-04
Treasury's $739B Borrowing Plan Matters as Refunding Looms
The U.S. Treasury raised its third-quarter borrowing estimate to $739 billion.
Finance2026-08-03
AI Demand Raises BOJ Inflation Risk as Yen Costs Persist
The Bank of Japan says global AI investment could add to short-term inflation pressure.
Finance2026-08-03
Bessent Wants a Bigger Fed Backstop for Yen Intervention
Bessent is urging a larger Fed liquidity backstop that could give Japan more short-term dollar funding for future yen intervention.
Finance2026-08-02
GLP-1 Weight Loss Is Bringing Shoppers Back to Stores
GLP-1-driven size changes are making online clothing fit harder to predict and bringing some shoppers back to stores.
Finance2026-08-02
U.S. Joins Japan in Rare Yen Intervention
U.S.-Japan joint action is testing whether the yen can hold its intervention-driven gains.
Finance2026-08-01
Paramount's $81B Warner Deal Faces a Costly Trial Clock
Paramount's Warner Bros deal faces state antitrust litigation, court timing, and a Sept. 30 ticking-fee deadline.
Finance2026-07-31
Yen And Won Surge Then Fade After Rare Intervention
Rare Japan-South Korea intervention is testing whether USD/JPY can move back below 160 after the BOJ held rates steady.