Commonwealth Bank

Commonwealth Bank makes a sharp U-turn after inflation shock rocks markets

Australia’s biggest bank stunned markets this week, after a hotter-than-expected inflation reading forced a rapid rethink from economists and traders at Commonwealth Bank.  The surprise rise in consumer prices wiped away hopes of near-term rate cuts, sent the ASX lower, and prompted a clear shift in CBA’s guidance and market positioning, leaving investors asking what…

Trump Tariff

Trump Tariff: U.S. to Cut China Import Duties from 57% to 47% After Fentanyl Talks with Xi

The United States has announced a major shift in its trade policy with China. On October 29, 2025, President Donald Trump confirmed plans to cut import duties on Chinese goods from 57% to 47%. This change comes right after high-level talks with Chinese President Xi Jinping about stopping the flow of fentanyl and its chemical…