US, Japanese and German sharemarkets hit a record high despite the investigation into Jerome Powell; Woodside takes delivery of a massive platform; a new survey suggests Australians are finding it harder to identify AI images.
00:00 Global investors appear to have brushed aside concerns about the US administration’s criminal investigation of Federal Reserve Chairman Jerome Powell
00:37 Gold continues to surge, once again hitting a fresh high
01:59 Expectations of lower US interest rates supported the Australian dollar, which is now back above 67 US cents
02:47 A floating production unit has arrived at Woodside’s controversial Scarborough gas field
03:16 While the US is likely to move to lower interest rates, in Australia, two-thirds of consumers are now expecting mortgage rates to rise this year
04:15 How well can you spot AI-generated images? A new survey found Australians were only able to correctly distinguish between real and AI images 42 per cent of the time
Ricardo Gonçalves breaks down the day’s financial news in On The Money.
#FinanceNews #Markets #InterestRates #GoldPrice #EnergyNews
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: https://www.youtube.com/@SBSNews
Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au
Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au
Follow SBS News on X: https://www.twitter.com/SBSNews
Follow SBS News on Facebook: https://www.facebook.com/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
