This Month
Investors take profits on two of last year’s hottest trades
The heavy sell-down in bitcoin has dragged the cryptocurrency into a bear market, and gold tumbled after hitting a record. Here’s why.
Banks lift ASX, CBA up 3pc; WiseTech shares sink on board exodus
Shares in the green; Guzman extends sell-off; Alibaba’s big AI pivot; Domain downgraded; WiseTech shares plummet, four directors exit.
MinRes v the market: Ellison taken to the cliff edge
The mining magnate’s attempts to calm market fears resulted in MinRes shares cratering.
Westgold Resources shops gold mill acquired in $2.5b Karora merger
The precious metal miner is running a sale process for the Lakewood Mill gold processing facility near Kalgoorlie, as it struggles to digest its acquisition.
ASX retreats, Bendigo Bank at one-year low; BlueScope rallies 13pc
Shares drop; steel prices boost BlueScope; Bendigo Bank’s surprise profit miss; Woodside dividend hit feared; KKR ups Perpetual wealth bid; $A’s two-month high.
ASX resets peak, BHP up 2pc; Temple & Webster shares hit record
Shares rise; Temple & Webster sets new record; gold tipped to top $US3,500; Qantas downgraded; Sigma rallies, CBA resets record; Toys”R”Us chief exits.
Morgan Stanley doubles down on uranium, with prices set to rocket
The broker remains optimistic about the outlook of the controversial energy source despite recent fears from investors that more efficient AI would reduce overall power consumption and lower demand for uranium.
Macquarie’s $58m man left a hole no one can be sure how to fill
Whoever can work out how to model and value Macquarie’s commodities unit should get a bronze statue in Martin Place.
Why you should consider gold over faddish private credit
Over the past five years, the precious metal has significantly outperformed government bonds, establishing itself as a compelling option for defensive investors seeking strong long-term returns.
Why China is to blame for Trump’s metals tariffs
Existing American taxes already restrict steel and aluminium shipments from the Asian nation, which is now flooding other markets with its exports instead.
Trump’s tariff plan attacked in Congress as ‘insult to Australians’
At least one US legislator has lambasted the president’s intention to slug Australian steel and aluminum imports into America.
ASX slips, US tariff fears ease; WiseTech tumbles, Star leaps 13pc
Shares close lower; Aristocrat Leisure, Evolution Mining a ‘buy’; Citi tips gold rally; Mayne Pharma up 25pc; Star leaps, investors eye Brisbane casino.
PM to go head-to-head with Trump on tariff threat
Australian exports to the US could be hit by taxes after the American president announced a duty on metals coming in from every other nation.
Pembroke secures $875m loan to double Queensland coal development
The privately held owner of a major Bowen Basin mine has secured the debt from international investors in a sign of renewed appetite to lend to the commodity.
US equities fall as hopes for lower rates fade again
Moderating job growth, rising inflation expectations and the prospect of reciprocal tariffs knocked the wind out of Wall Street.
ASX misses record high, $A up; lithium miners dive; Domino’s up 21pc
Shares end the week flat; CBA hits peak; lithium stocks hit as CATL reopens mine; $A creeps higher; Dominos rockets, shutters 205 stores; Nick Scali up 10pc.
Commodities on verge of ‘breakout’ after two-year slump
The sector is trading back at levels last seen during the 2022 boom, led by a surge in precious metal and agriculture prices.
ASX, $A tumble on trade war fears; Magellan sell-off rumbles on
Shares tumble; Magellan sheds 8pc; tariff fears hit Cettire; $A at five-year low; retail sales fall less than expected; Argo lifts dividend; CEO exits Resolute.
Trump tariffs could hit Australian miners through China slowdown
Fresh US levies could knock Australia’s bottom line through reduced demand for key commodities, as Chinese manufacturers face mounting pressure to cut output.
January
ASX posts biggest monthly gain since July; Magellan extends sell off
ASX briefly notches record; gold miners rally; Magellan sell-off continues. PointsBet turnover plummets; Netwealth CFO exits; Origin drops LNG forecasts.