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Canada Approves $33B LNG Expansion as Carney Backs Energy Push
LNG Canada greenlights $33 billion Phase 2 expansion in Kitimat, doubling capacity to 28 million tonnes per year and creating 4,000 jobs. Prime Minister Mark Carney calls it a nation-building investment.
SNB Sold CHF1.4B Francs in Q2 as Iran War Stokes Safe-Haven Demand
SNB sold CHF1.4 billion francs in Q2 2026 to offset safe-haven flows from Iran war. Central bank maintains zero rates as growth accelerates and inflation stays low at 0.8%.
RBA Lifts Rates to 4.6%, Highest Since 2011, as Mortgage Pain Deepens
RBA lifts cash rate to 4.6%, highest since 2011, adding A$120 monthly to average mortgages. Fourth rate rise of 2026 as inflation stays above 3%.
Spotify Outage Hits 19,000 Users on September 29; Stock Stable
Spotify outage on September 29 affected over 19,000 users across the US with login and search issues. Service recovered by afternoon. SPOT stock unaffected.
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.
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.
First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High
RBA rate hike on September 29 will cut first home buyer borrowing capacity by $11,200 and add $107-$152 monthly to mortgage repayments. Canstar analysis shows cumulative 2026 reduction of $47,400.
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.