ASX snaps losing streak on US CPI surprise
Australian investors have reacted positively to better-than-expected US inflation data, with new hopes the Federal Reserve could cut rates soon.
Australian investors have reacted positively to better-than-expected US inflation data, with new hopes the Federal Reserve could cut rates soon.
A takeover deal that would affect millions of Aussies has just hit a potential roadblock.
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.
Australians living in remote areas are paying double the price for basics like a packet of Tim Tams and laundry detergent.
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.
The Aussie share market has seen a promising close to Wednesday despite the latest GDP data showing weak economic growth.
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.
Mining giants BHP and Rio Tinto have announced a new green push to transform their massive fleet of haul trucks.
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.
The Australian Energy Market Operator is warning of “reliability gaps” without the ‘timely’ delivery of more transmission and energy infrastructure.
A rally in prices for key commodities including oil, iron ore, nickel, gold and copper sent the benchmark within 33 points of its record high.
The Aussie sharemarket has fallen one day after it was a “smidgen away” from record highs at the close.
The Australian sharemarket has marked its best day for the year in the wake of the latest unemployment figures boosting buyer confidence.
One of Australia’s energy titans will cut 200 jobs, blaming a delay in ‘growth activities’ for the cull.
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
One of Australia’s largest financial services providers is going cashless at its offices but has promised customers cash withdrawal fees from ATMs will be covered.
Australian shares dipped lower on Tuesday as investors continue to tread cautiously before a flood of data comes this week.
Original URL: https://www.news.com.au/finance/markets/australian-markets/page/2