Today
ASX to edge higher, S&P 500 advances modestly
Australian shares are set for a muted start. Tesla slumps as it missed high delivery expectations. OpenAI secures funding. Oil tempers its rally.
- Updated
- Timothy Moore
Yesterday
ASX to rise; Apple, Nvidia drop as new quarter begins
Australian shares are set to open higher, US stocks closed lower, paced by the megacap leaders. Oil briefly spiked as Iran attacked Israel.
- Timothy Moore
This Month
ASX to fall, S&P 500 ends its quarter on a positive note
Australian shares are set to open lower. The S&P 500 rose as Jerome Powell reassured markets that lower rates lie ahead, albeit he signalled at a moderate pace.
- Timothy Moore
September
- Opinion
- Sharemarket
Markets are on their best behaviour as the bulls take charge
The Fed is cutting interest rates and China’s policymakers are pumping its economy with money. Is there anything standing in the way of global sharemarkets?
- Jonathan Shapiro
Riskiest real estate bonds are beating Nvidia’s returns
It’s a turnaround few could have predicted when landlords around the world were creaking under the weight of higher interest rates and changing work habits.
- Tasos Vossos
There’s a ‘very real’ chance of two rate cuts by Christmas
Momentum is critical and right now, Australia’s economy is at genuine risk of stalling. It’s no surprise then that the bond market has already priced in rate cuts.
- Angus Coote
Dow resets record high, S&P 500 drifts lower
The S&P 500 ended the final trading session of the week modestly lower. Iron ore extends rebound, for now. Bitcoin holds above $US65,000.
- Timothy Moore
Fed’s favoured inflation gauge, consumer spending edge higher
The so-called core personal consumption expenditures price index, which excludes volatile food and energy items, increased 0.1 per cent from July.
- Matthew Boesler
Why a rising $A is good news for the RBA and rate cuts
The Australian dollar has leapt US5¢ since August and is expected to climb further as other central banks cut interest rates and the RBA stays put.
- Cecile Lefort
ASX to rise, S&P 500 boosted by materials, tech
Australian shares are set to open higher. S&P 500 resets closing record high. Iron ore tops $US100, gold, copper rally. Oil sinks on Saudi rethink.
- Timothy Moore
ASX to rise, Dow drags Wall Street lower
Australian shares are set to open higher. US stocks were mostly lower. Goldman says bullish equity positioning reflects enduring US exceptionalism.
- Updated
- Timothy Moore
Bond markets too punchy on RBA rate cuts, say investors
Fund managers say traders have overblown the comments from governor Michele Bullock and are siding with the central bank on the rate outlook.
- Cecile Lefort
ASX to rise, Nvidia paces Nasdaq higher
Australian shares are set to edge up. Iron ore, oil, gold lift on China stimulus efforts. US-listed shares of BHP, Rio leap. Bitcoin tops $US64,000.
- Updated
- Timothy Moore
Traders up bets on RBA December rate cut, ignoring Bullock
The bond market is sticking with its prediction of some rate relief by Christmas, despite governor Michele Bullock saying that inflation remains “too high”.
- Cecile Lefort
ASX to slip, Wall St higher as rate-cut path comes into sharper focus
Australian shares are set to open down. RBA expected to hold rates steady, decision at 2.30pm. Gold resets record, copper gains, iron ore falls, oil slips.
- Updated
- Timothy Moore
S&P 500 slips in post-Fed meeting consolidation
US stocks struggled during the final session of their week as markets continue to adjust to the Fed’s pivot to rate cuts. Gold rallies, oil edges lower.
- Updated
- Timothy Moore
ASX to rise after S&P 500, Dow close at record highs
US equities leapt after the Fed rate cut bolstered hopes that the central bank has stepped forward to keep the economy on a growth path. Techs pace the rally.
- Updated
- Timothy Moore
Traders temper bets the RBA will follow the Fed’s rate cut
The Aussie dollar briefly topped US68¢ after the US Federal Reserve’s jumbo rate cut, but hopes of a similar move in Australia are starting to wane.
- Updated
- Cecile Lefort and Michael Read
ASX to fall, Wall St slips as dust settles on Fed decision
ASX futures were lower. US stocks closed lower after Jerome Powell dashed hopes for an aggressive rate-cutting cycle.
- Updated
- Timothy Moore
- Opinion
- Chanticleer
Beware Donald Trump’s threat to insurers, including in Australia
Australia’s insurers are red-hot with investors. They are finally delivering. But keep an eye on Canberra, as Donald Trump reminded us overnight.
- Anthony Macdonald