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RBA’s Bullock Signals Fourth Rate Hike as Housing Market Softens on July 29
RBA Governor Michele Bullock signals potential fourth rate hike in August while acknowledging housing weakness. Underlying inflation sits at 3.6%, above the RBA’s 2-3% target. Markets now price August hike at just 21% probability.
US Walks Out on France at UN Security Council Over Human Rights Vote July 28
US diplomats walked out of a UN Security Council meeting on Monday after France compared America’s human rights voting record to North Korea and Russia. The row stems from US opposition to extending UN rights chief Volker Turk’s term.
New Zealand Shares Unchanged While Asian Equities Retreat on Semiconductor Stock Sell-Off
On July 28, 2026, New Zealand shares held steady while most Asian stock markets slipped during a broad semiconductor sell-off. Sharp declines in major chipmakers across Japan, South Korea, and Taiwan weakened investor sentiment and renewed concerns about technology stock valuations. Even as regional markets struggled, New Zealand remained relatively stable. So, what helped the…
Vanguard Quietly Builds Nearly $1 Billion Strategy Stake Despite Bitcoin ETF Stance
Vanguard has increased its stake in Strategy Inc by $50 million, pushing its holding close to $1 billion. The asset manager now holds roughly 10.5 million shares of the Bitcoin treasury company. This comes despite Vanguard’s long-standing refusal to offer spot Bitcoin ETFs on its brokerage platform. The firm’s exposure stems from passive index tracking,…
Amodei Opposes OpenAI Model Ban While Calling for Stronger Safety Testing
On July 27, 2026, Anthropic CEO Dario Amodei said he does not support banning open-weight AI models, despite the growing debate over AI regulation. Instead, he called for stronger safety testing of the most powerful AI systems before they are released. His comments come as governments and technology companies look for ways to balance AI…
Nvidia Reportedly Commits Up to $50 Billion for Massive Texas AI Data Center
On July 28, 2026, reports revealed that Nvidia is preparing to commit up to $50.2 billion to a major AI data center project in Texas. If completed, it would rank among the largest infrastructure investments in the artificial intelligence industry. The planned campus could change how AI computing capacity is deployed over the next decade….
Apple CEO John Ternus Signals Continued Investment in Apple TV+ Originals
On July 28, 2026, incoming Apple CEO John Ternus said Apple will continue investing in Apple TV+ Originals, confirming that original films and series remain part of the company’s long-term plans. He made the remarks during the Ted Lasso Season 4 premiere as Apple prepares for its leadership transition in September. The announcement offers an…
RBA Rate Hike Odds Jump to 35% as Unemployment Stays Low on July 28
RBA rate hike odds surge to 35% following strong June jobs data. Markets now price in potential 4.6% cash rate by December 2026, highest since 2011. Mortgage holders face potential triple blow from rates, inflation, and oil prices.
T-Mobile Outage Update: Thousands Affected Across the U.S. as Service Issues Continue
On July 27, 2026, thousands of T-Mobile customers across the United States lost access to mobile service without warning. Many were unable to make calls, send text messages, or use mobile data. As reports of phones displaying “SOS Only” spread online, outage trackers showed a sharp rise in complaints. T-Mobile confirmed it was aware of…