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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.
Kelvin Wave Could Raise California Sea Levels Up to a Foot This Fall
A Kelvin wave traveling from the Pacific could raise California sea levels by up to a foot as El Niño develops. The wave is expected to reach San Diego in early to mid-October.
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.
SpaceX Starship Reaches Orbit for First Time, Deploys 26 Starlinks
SpaceX’s Starship reached orbit for the first time on September 28, deploying 26 Starlink V3 satellites. The mission ended early but achieved both primary objectives, marking a major step toward lunar missions.
Trump Rejects Iran’s Seven-Day Hormuz Deal on September 28
Trump rejects Iran’s seven-day plan to reopen Strait of Hormuz, citing US control. The closure disrupts one-fifth of global oil and gas trade, threatening energy security across Asia and beyond.
Australian Army Retires Tiger Helicopters After 22 Years, Shifts to Apache Fleet
Australia retires its 22 Tiger attack helicopters after 22 years of service. The ADF transitions to 29 AH-64E Apache helicopters under a A$4.5 billion program, with six already delivered and all 29 expected by end of 2029.
Ethena USD Surges 20% to $0.2696 as RSI Hits Overbought 79.96
ENAUSD jumped 20.1% in 24 hours to $0.2696, with RSI at 79.96 and ADX showing a strong 50.30 trend.
NEARUSD Climbs 6.6% to $4.90 as RSI Soars to 89.79
NEAR Protocol USD jumped 6.6% to $4.90 in 24 hours with RSI at 89.79, signaling extreme overbought conditions and a strong uptrend.