US holds rates | A$ at three-year high | Sydney Fish Market visitors

Описание: The US Federal Reserve has defied Donald Trump's demands to lower interest rates; the Australian dollar surges to a fresh three year high against the US as investors predict the RBA will lift interest rates next week; the NSW Government says more than 230,000 people have visited the new Sydney Fish Market in its first week of operation.

00:00 The US Federal Reserve has kept interest rates on hold in its first policy decision of the year
01:13 The greenback weakening as a result - and continues to decline against a basket of six other global currencies, and helped the Australian dollar to rise against the US
01:45 Interest rates in Canada were kept on hold at 2.25 per cent
02:12 Global uncertainties continue to underpin a rally in precious metals, with gold hitting another record high overnight
02:48 Oil jumped to a four month high amid rising geopolitical tensions between Iran and the US
03:36 Facebook owner Meta, and Microsoft - detailed the billions of dollars they're spending on artificial intelligence infrastructure
04:08 The Tasmanian government has moved to take control of an ore stockpile - purchased with taxpayer money - at a smelter in the state's north
04:45 US singer Kid Rock has testified before a US Senate Committee, calling out what he described as unfair ticketing practices that hurt fans and artists
05:25 It's been open for just one week, but Sydney's new Fish Market is on track to become one of the country's most visited destinations

Ricardo Gonçalves breaks down the day's financial news in On The Money.

#FinanceNews #InterestRates #AustralianEconomy #Markets #OnTheMoney

SBS News is Australia's trusted news source for the latest news from Australia and across the world.

Subscribe to the SBS News YouTube channel:    / @sbsnews  
Follow SBS News on Instagram:   / sbsnews_au  
Follow SBS News on TikTok:   / sbsnews_au  
Follow SBS News on X:   / sbsnews  
Follow SBS News on Facebook:   / sbsnews  
Apple News: https://trib.al/MTx0gUe

For the latest news, visit www.sbs.com.au/news

Network Terms & Conditions: https://sbs.com.au/terms
Privacy Policy: https://sbs.com.au/privacy
Feedback or complaints: https://sbs.com.au/complaints