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RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
Paramount-Warner Bros. $111B Merger Clears Final Legal Hurdle on September 29
Paramount Skydance settles $111 billion Warner Bros. merger antitrust case with 12 states. Judge must still approve the deal. Paramount faces film distribution and spending commitments.
RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
PS5 Pro Japan Pre-Orders Open September 28 at ¥137,980
Sony Japan launches PS5 Pro pre-orders at ¥137,980 on September 28. Buyers must have 60+ hours of PS4/PS5 gameplay in the past two years. Lottery system if demand exceeds stock.
Bitcoin Cash Slides 6.7% to $310.50 as ADX Signals Strong Downtrend
BCHUSD fell $22.33 to $310.50 in 24 hours with ADX at 37.98, signaling a strong downward trend despite mixed momentum indicators.
Zcash Falls 7.3% to $1,473 as Crypto Market Awaits Trump Announcement
Zcash dropped 7.3% to $1,473.28 on September 28 as broader crypto weakness and profit-taking after an 83% monthly rally pressure the asset.
Stock Market Slides as Oil Spikes and AI Safety Concerns Mount
Stock markets slide worldwide as oil climbs on US-Iran deadlock and AI safety worries. Brent crude near $108, Treasury yields elevated, emerging markets hit hardest.
SpaceX Starship Reaches Space on Flight 14, Orbit Decision Pending
SpaceX’s Starship Flight 14 launched September 28 and reached space for the first time, but engine failures forced the company to reconsider its orbital insertion plan.