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.RBC Capital Markets on $BXB : RBC maintain their OUTPERFORM recommendation and raise their target price to $20.75 p/share (prev. $19.25 p/share) #ausbiz

🌞T Rowe Price: the market has priced in too many rate cuts overall...expect two more 25 bp cuts this year #ausbiz

🌞$MQG: we maintain our preference for $S32 in ASX large-cap coverage. We retain our preference for $BHP over $RIO #ausbiz

.RBC Capital Markets: $RIO offer for $LTM compelling... lift $LTM price target to RIO's offer price of $5.85, and cut $RIO PTs decline ~2% to A$125 (from $127) #ausbiz

🌞 $ANZ: (China's) failure to provide new fiscal stimulus measures suggests authorities have not officially abandoned their core principles. As such, we don’t see the announcements providing any new support for commodity demand. #ausbiz

We're looking for a final few #smallcaps to join us for our next virtual investor event... Reach out to [email protected] #ausbiz

.RBC Capital Markets: initiates coverage of Aussie engineering stocks $VNT outperform $DOW sector perform $SSM outperform #ausbiz

$AMP: today’s data confirmed the #RBA’s worries that the elevated level of aggregate demand in our economy is still above supply & absent a material weakening in trimmed mean inflation or household consumption, the RBA will likely remain hawkish until next year. #ausbiz

$CBA: A strong jobs report reduces the odds of a December #RBA rate cut....stick with it given our expectations for the September quarter CPI and Q3 24 national accounts #ausbiz

Fireside chat with #RBA's Andrew Hauser at the $CBA conference today #ausbiz

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.RBC Capital Markets initiates research on the Australian Automotive Aftermarket sector $AOV- Outperform, $14.00/share price target $BAP - Sector Perform, $5.00/share price target $ARB Outperform, $50.00/share price target #ausbiz

"No matter how we view it, these are all potential market-movers." Steve Sosnick $GOOG $META $MSFT $AAPL $AMZN Join Steve live on ausbiz.com.au at 9:45 AEDT #ausbiz

Some findings from the Franklin Templeton CIO survey: US fed funds rate ends 2025 around 3.6%. The CIOs expect at least five rate cuts* by the end of 2025. Listen for more 🎧 #ausbiz

🚨 $CBA: The upshot (of Q3 inflation) is that we no longer expect the RBA to cut the cash rate in December 2024 #ausbiz

🌞Today: monthly household spending indicator will provide another reading on Q3 24 consumption which David Scutt told me yesterday is the one to watch #ausbiz

Beware the purpose of the "betting markets" narrative From the NYT: Mike Madrid, a longtime Republican strategist who is critical of the former president. “The goal is to set the predicate for the race’s aftermath so you can challenge the result.”

.RBC Capital Markets: in the event of a contested election outcome and a more drawn-out process, there is an upside risk for #gold prices versus our forecast, especially in the short term. #ausbiz

🌞 US service sector activity surged in October, hitting a 26-month high, with the ISM non-manufacturing PMI reaching 56, up from 54.9 in September. #ausbiz

$DGH: October new listings growth has continued to accelerate, underpinning 19% y/y depth revenue growth #ausbiz