Australians risk retirement as property wealth masks crippling debt: half of 55–64 homeowners owe housing debt; average >$230k, pension gap widening.

The Australian share market enjoyed a modest rise to end the week on Friday after a Wall Street rally caused by optimism of more interest rate cuts in the future.

The ASX 200 index closed up 0.5%, or 40 points, to close on 8628.2 points after eight of the 11 sectors rose.

The Santa rally arrived in earnest on the Australian stock exchange as the share market rose the most in almost three weeks on Friday.

A continuing rise in gold stocks and strong gains in miners happened as investors jumped aboard the US interest cuts train, hoping that it was creating a rising market tide that would lift all boats.

Australian shares were up slightly for a second week on Friday with investors hoping for an interest rate cut in the US, even as the chances of a local cut have evaporated.

With the US Fed and the local Reserve Bank both meeting this week to decide on official interest rates, there are still strong hopes the US will cut rate even though still strong Australian inflation have greatly reduced the chances of any cut here.

The past week has been quite a significant one as it became clear that the US and Australia were diverging in a significant way.

Here in Australia the ongoing upward trend in inflation made it clear that there is now little hope of an interest rate cut.

Another bruising day on the Australian share market on Friday saw it shed almost $40 billion and sink to a six-month low as hopes for US rate cuts once again diminished.

The ASX 200 dropped by 136.20 points, or 1.6%, to 8416.50 points as AI worries in the US transferred directly to our market.

A combination of increasing doubts about interest rate cuts, worries about AI overvaluation and a share crunch on Wall Street combined to strip four months of growth off the Australian share market.

沙特阿比让自己的能源战略目标更加明确，并在不久前宣布，沙特阿比将在重要的矿产资源上加大投入。 沙特政府在里亚德举行的一年一度的未来矿产论坛（FMF）上提出了一系列新倡议，其中包括投资 1.6 亿美元建设一个矿产开采基地。美元投资于矿物勘探项目。 Diese Maßnahmen ergänzen die saudi-arabische Vision 2030, die umfangreiche Investitionsen in die Erschließung der unerschlossenen Bodenschätze des Landes vorsieht und darauf abzielt, den Beitrag des Bergbaus zum Bruttoinlandsprodukt bis zum Jahr 2030 von 27 Mrd.美元降至 103 百万美元。美元。 锂是重点 全球最大的锂电生产商已经意识到，将化石燃料转化为锂电池的重要性。 沙特光束公司在锂以及其他重要矿物和金属元素（如钾、金、锌、磷和镍）方面的勘探工作取得了重大进展。 Das saudische Ministerium für Industrie und Bodenschätze schätzte Anfang 2024, dass […]