Aussie shares dip in wait for US open
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
Finance behemoth Commonwealth Bank has released its latest economic health check on the nation and there is one state blowing everyone else away.
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
In the biggest float in three years, the burrito merchant had a stunning performance on its first day on the ASX.
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
Shares got off to a poor start on Monday, with weak Chinese economic data adding further uncertainty to already cautious investors.
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
Australian investors have reacted positively to better-than-expected US inflation data, with new hopes the Federal Reserve could cut rates soon.
Ahead of the US Fed’s meeting on rates, the Australian share market has recorded a loss for the second day in a row.
The share market shedded 1.3 per cent as investors awaited the Federal Reserve’s much anticipated meeting on Thursday for a signal on its interest rate path.
The Australian sharemarket is going into the long weekend on a high, after it recorded its best week of 2024.
After a tech-propelled rally on Wall Street overnight, the Australian share market followed suit.
Following a two-session rally, shares on the Australian stock market slipped as iron ore and oil prices tumbled.
The Australian share market has started the week in positive territory, as it extended its gains thanks to the big banks.
Aussie shares shrugged off a grim night on Wall St to end a three-day losing streak and finish the week with a broadbased rebound.
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
Australian shares slumped on Wednesday after hotter-than-expected CPI numbers renewed inflation fears and narrowed the likelihood of rate cuts this year.
The Australian sharemarket fell lower on Tuesday after weak retail sales data hit discretionary stocks.
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Booking a four-day losing streak, the sharemarket fell to close out the week after investors were rattled by hotter-than-expected services and manufacturing data.
With Federal Reserve officials indicating interest rates will likely remain higher for longer, investors took profits in commodities on Thursday.
Paring back its early gains, the sharemarket inched lower to finish in the red for a second consecutive session.
One major Aussie bank has made a huge call about how people will use their tax cut cash boost in the coming months, warning not to expect a shopping spree.
In a subdued session, Tuesday’s trading gave back a portion of Monday’s rally.
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
Original URL: https://www.news.com.au/finance/markets/australian-dollar