Why wine producers back EU walkout
Australia and Europe were close to an epic trade deal but it all fell apart this week. Here’s why Aussie wine producers are raising a glass to its demise.
Australia and Europe were close to an epic trade deal but it all fell apart this week. Here’s why Aussie wine producers are raising a glass to its demise.
Off the back of the worst week in the worst month, the ASX was up 2.2 per cent at the end of the week.
Qantas gets massive first strike against pay; directors Sampson, Hutchinson stay on board. Macquarie gains on buyback after earnings miss. Block soars. Treasury, Aussie Broadband dive.
A positive lead from Wall St overnight, buoyed by the US Federal Reserve’s most recent rates pause, saw Aussie markets rise on Thursday.
The S&P/ASX 200 finished up 0.1% as growth stocks surged; $A hit a 6-month low on hawkish Fed; Westpac’s Bill Evans tips 1Q23 RBA rate hike. Gold finds support, but oil continues to fall.
Australia’s sharemarket broke a four-day winning streak, turning down from a record high, after a hawkish surprise from the Fed and consequent rise in bond yields. APRA warned on home loans.
Bitcoin and fellow cryptocurrencies halved in value from their April highs, before rebounding slightly. But are they a bargain?
Australia’s share market hit record highs and finished slightly higher before the highly anticipated outcome of the Federal Reserve meeting due early Thursday Australian time
Australia’s share market surged to record highs after the US market also hit records while the local bourse was closed over the Queen’s Birthday long weekend.
The cryptocurrency rose by thousands of dollars after a single three-sentence tweet from the billionaire.
A key element used in rechargeable batteries looks set to boom and power up cars, homes and investors’ bank balances.
The S&P/ASX 200 share index rose 0.1 per cent to a record-high daily close of 7312.3 points as bond yields dipped, Macquarie upgraded its forecasts for iron ore and coal and investors remained alert for takeovers.
Cryptocurrencies had another wild night after a tough new move from a powerful international body that could be gamechanging for the market.
Australia’s share market hit a record-high daily close as bond yields fell and M&A activity continued amid light volume before US CPI data and an ECB meeting overnight.
Original URL: https://www.heraldsun.com.au/business/markets/page/198