‘It’s madness’: US market mysteriously soars
As predicted the US markets sank when they opened on Monday – until they began to soar. It was all down to a single X post – but something was wrong.
Markets
Trump thump: ASX 200 haemorrhages $112bn
Trump tariffs trigger GFC echoes as market trims falls. Treasurer warns on recession risk, flags potential 50bp rates cut. Fears of Black Monday-like crash as traders reel from speedy rout. AUD back above US60c.
Aussie dollar plunges, $100bn wiped off ASX
The ASX 200 is a sea of red on the opening, and the Aussie dollar has plunged below 60 cents, as investors continue to sell-off on fears of a global recession.
‘Uncertain times’: Albo’s super concerns
Anthony Albanese says Australia has been in contact with the White House, as he says the global chaos from the Trump tariffs is concerning for Aussie super.
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ASX soars on possible US rate cut
The Aussie sharemarket lifted today on talks of a potential rate cut in the US, the start of a big tech week and potential stimulus measures from the world’s second largest economy.
ASX 200 scores two-day gain; miners, energy stocks lift; MinRes soars
China’s economic data beats estimates. Star’s former executives expose alleged internal fails. Suitor Ramelius falls as $2bn bid lifts Spartan. Smartpay’s best day in months as Tyro, unnamed rival suitor circle. Woodside gets its first China LNG customer.
Tech king unleashes on ‘nanny state’ Aus
Australia is paralysed by overregulation that’s killed innovation and ‘Crypto King’ Fred Schebesta thinks the “nanny state” needs a Trump-style U-turn, and fast.
‘Stop’: Qantas boss’ dark warning to Aussies
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
Climate campaigner defends ritzy private jet
An Aussie billionaire and ardent climate change campaigner has just bought a private jet, but says he feels a ‘deep internal conflict’ about it.
ASX 200 snaps three day losing streak
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
ASX 200 climbs as US futures soar
Australian stocks rise into the weekend. US futures soar as Trump government shutdown risks fade but trade tariff fights continue. Banks in the red. Gold miners soar as safe-haven commodity eyes new peak past $US3000 per ounce.
Lambie slammed for wild Pine Gap threat
A former top Canberra boffin has blasted a call from senator Jacqui Lambie to use Australia’s Pine Gap intelligence asset to hit back at Donald Trump.
Trump tariffs keep ASX down again
Donald Trump’s tariffs are continuing to hit the Aussie sharemarket, with the value of coal companies falling, while investors look for a golden safe haven.
ATO’s warning to one group as tax time looms
The Australian Taxation Office has announced its hit list for businesses ahead of tax time, as it looks to crack down on dodgy practices.
Original URL: https://www.dailytelegraph.com.au/business/markets/page/7