Here is your Weekly
summary for Business & Finance
across Australia
for Mon 20th July - Sun 26th July 2026
Goldman Sachs has increased its 12-month TOPIX target to 4,500, driven by expectations of a weaker yen, which could enhance the competitiveness of Japanese exports. This adjustment reflects a broader optimism about Japan's economic recovery and the potential for stock market gains.
In the cryptocurrency market, Bitcoin remains stable within a tight range of $63,800 to $65,500, indicating investor caution as it tests resistance levels. This consolidation phase could signal upcoming volatility, making it a critical period for traders.
IDFC FIRST Bank has reported a record profit for Q1 2026, showcasing robust growth that underscores its strong market position. Similarly, AU Small Finance Bank has also demonstrated impressive growth in the same quarter, highlighting the resilience of the banking sector amid economic fluctuations.
Galaxy Digital's stock has surged by 77% following a fair value alert, reflecting renewed investor interest in the cryptocurrency sector. This significant return emphasizes the potential for substantial gains in digital asset investments, attracting attention from both retail and institutional investors.
