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
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
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
ASX to fall, S&P 500 wavers after resetting record high
Australian shares are set to open lower in line with overseas investors heading to the sidelines pending the Fed’s rate decision early Thursday AEST.
- Updated
- Timothy Moore
ASX to rise, Apple drags Nasdaq down
Australian shares are set to open higher. Dow resets intraday record high. Techs lag as Fed rate debate rages. Slow start iPhone pre-orders. Bitcoin struggles.
- Timothy Moore
Dow rallies on renewed hopes for half-point rate cut
All three US benchmarks were higher after traders repositioned their bets on how aggressive Fed policymakers might be when they meet next week.
- Updated
- Timothy Moore
ASX to rise, Nvidia helps extend tech rebound
Australian shares are set to open higher. Nasdaq paced an advance in all three US benchmarks. Oil rebounds. Bitcoin retakes $US58,000.
- Updated
- Timothy Moore
ASX to rise, Nvidia’s 8pc surge helps offset dashed rate cut hopes
Australian shares are set to open higher. Nasdaq rallies 2.2pc, S&P 500 climbs 1.1pc. US August CPI data points to more gradual rate-cutting cycle. Iron ore rebounds.
- Updated
- Timothy Moore