Cecile Lefort

Investors warn that the bond market is underestimating Australia’s risk of a recession after multiple interest rate increases this year.

Money market traders, who had already tempered their expectations after last week’s soft jobs report have slashed the probability of a rate rise in August.

Gold miners and industrial businesses like Brambles and Cleanaway Waste are tipped to be the biggest winners on the Australian sharemarket when oil eventually starts flowing through the Strait of Hormuz again.

For those daydreaming about a European summer this year, there is some welcome news for the hip pocket: the euro is tipped to drop against the Australian dollar this year.

Even a peace deal between the United States and Iran will not be enough to spark a lasting recovery for the Australian stock market.

The Australian sharemarket is set to dip on Monday as investors prepare for fresh evidence that the economy is cooling down and a flurry of central bank speeches for clues on where interest rates are heading next.

PM Capital's John Whelan has made plenty of money buying shares in unloved sectors like healthcare and aviation. He's also betting big against CBA and NAB.

Shares set to slip at the open; Australian dollar near US72¢, Brent drops to $US91; GDP, RBA governor testimony in Canberra among this week’s highlights.

Australian farmers have drastically scaled back their wheat crops this year that threaten to worsen the country's cost-of-living crisis after

Fund managers have started to adjust their investment strategies after a swathe of tax changes in the federal budget triggered a fierce debate in