ASX up after inflation eases again
The Australian share market has stepped up after fresh inflation figures undershot economists’ expectations.
The Australian share market has stepped up after fresh inflation figures undershot economists’ expectations.
The ASX 200 closed 1.2 per cent following lower than expected inflation. Future Fund chair slams Qatar block. Gabon coup delivers fresh blow to Fortescue ambitions. Earnings lift Flight Centre and Brambles.
Much of the ASX finished in the green at the closing bell on Tuesday, with most sectors performing well.
Australia’s share market enjoys a broad-basd rise led by the materials sector amid hopes of further stimulus measures in China. ANZ CEO is ‘disturbed’ by reports the Albanese government knocked back Qatar’s request for additional flights to protect Qantas profits.
About 150,000 jobs could be lost as Australia’s economy begins to enter a worrying period of recovery from the coronavirus pandemic.
Two of the towering figures of the 20th century were both big investors. One was a clear winner.
The Australian sharemarket has ended the week lower following larger falls felt in US markets overnight.
The jobless rate has fallen to 5.8 per cent, with more than 89,000 Australians picking up work between January and February.
Bitcoin traders may be in for a shock, with thousands already issued with please-explain letters.
But while the 10-year bond yield will hit 3 per cent by 2024, central banks are prepared to ‘risk the wrath of the markets’, according to Westpac’s Bill Evans.
As Bitcoin hits a new all time record, the regulation of cryptocurrency in our market is an accident waiting to happen.
Residential property prices have shown their strongest growth in a year but one capital city grew more than any other, latest figures show.
Australian buy now, pay later giant Afterpay has accelerated its global growth by launching its first push into Europe.
Australia’s longest serving finance Minister has been elected the new head of the Organisation for Economic Co-operation and Development (OECD).
Original URL: https://www.dailytelegraph.com.au/business/markets/page/198