ASX cops $25bn fall after Trump strikes
Investors face a “nervous” week, with the ASX copping a $25bn loss on Monday morning as the fallout from the Middle East conflict sparks market chaos.
Investors face a “nervous” week, with the ASX copping a $25bn loss on Monday morning as the fallout from the Middle East conflict sparks market chaos.
Investors face a “nervous” week, with the ASX copping a $25bn loss on Monday morning as the fallout from the Middle East conflict sparks market chaos.
Australia’s shares slid for the fourth straight day with a fall in banks and miners dragging the index lower on Friday.
In another blow for people trying to save, a major bank has cut the interest rate on a popular account for the second time in a month.
The major banks have slashed their deposits and savings rates, just days before the RBA will announce the nation’s official cash rate.
The local sharemarket has secured its fifth consecutive day of gains on Wednesday as optimistic investors rallied in 10 of 11 sectors.
President Trump’s hawkish tariff talk has softened and the local bourse soaked up the resulting Wall St boom.
The Australian ASX200 has seesawed as markets await major economic updates, including just what Donald Trump will do next on tariffs.
Australia’s central bank is likely to be nervous ahead of its next rate decision for one very good reason that’s out of its hands.
A rally in Woolworths and Coles shares on Friday helped the ASX finish higher on Friday, helping to lift the ASX to its best weekly gain in 2025.
US tech giants Meta, Google, Amazon and X are targeting Australia’s online laws, but Treasurer Jim Chalmers says he will stand up for Aussie parents.
‘Pretty positive’ reactions from news from the US Federal Reserve and local employment data led the Australian sharemarket to its best day in six weeks.
Anthony Albanese has made a major election promise that would bolster one aspect of Australian life he calls “the envy of the world”.
Australia’s sharemarket has finished in the red as investors wait to see if the US Federal Reserve will spur on the world’s largest economy.
Original URL: https://www.couriermail.com.au/business/markets/australian-dollar/page/15