Mixed markets sees ASX close in red
The Aussie market closes down despite a positive start to trade across the board, as investors look ahead for jobs data and US inflation updates.
The Aussie market closes down despite a positive start to trade across the board, as investors look ahead for jobs data and US inflation updates.
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
The chances of an interest rate cut in early 2025 are falling faster than the Aussie dollar, with experts saying the drop in our currency could cause the Reserve Bank to baulk at a cut.
Banks, consumer discretionary and information technology stocks have slumped during a broad market sell-off on Monday.
The ASX 200 fell by 0.8 per cent during Wednesday’s trading, as investors think through the implications of the second Trump presidency on Australia.
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
One of Australia’s Big 4 banks has posted a mammoth statutory profit for the first financial year quarter, asserting the economy is “fundamentally sound” despite cost of living pressures.
One of Australia’s Big 4 banks has posted a mammoth statutory profit for the first financial year quarter, asserting the economy is “fundamentally sound” despite cost of living pressures.
The ASX has dipped for the second consecutive day, giving back part of last-week’s post gains following the US presidential election.
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
Aussie shares traded slightly higher on Thursday, despite a strong rally out of Wall Street on a “red wave” sweeping through the US political system.
Australia’s competition watchdog has made a huge decision on a proposed change to Chemist Warehouse that will affect millions of Aussie pharmacy customers.
One of Australia’s biggest banks has warned of a “challenging” time for customers as it releases its full-year results.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/9