ASX finishes tough week on a high
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.
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.
A positive lead from Wall St overnight, buoyed by the US Federal Reserve’s most recent rates pause, saw Aussie markets rise on Thursday.
New strict rules for Aussie travellers which could see their visas cancelled have been introduced.
Traders have ended the day on a high after poor results on the Australian share market earlier this week.
Australia’s biggest company is betting almost $24bn on a massive new project designed to keep a growing world fed and healthy.
With the Israel-Hamas war entering its “second stage”, the Aussie share market has fallen to its lowest level since October 24 2022.
The benchmark sank to its lowest level of the year so far as interest rate sensitive stocks tumbled on increased odds of a November rate hike.
Despite a surprise 1.2 per cent reacceleration of inflation in the September quarter, the Aussie share market closed flat.
Losses in health and consumer stocks were offset by gains from miners and energy producers to send the benchmark higher on Tuesday.
Bitcoin has seen its value skyrocket in the past 24 hours over a potentially game-changing move for cryptocurrencies.
Fears of an escalation of the Israel-Hamas has shaved 1.2 per cent off the Australian share benchmark on Friday.
The latest report from the Reserve Bank of Australia shows how much money the men and women who determine your mortgage bill make each year.
The sharemarket has cheered the news of a mega mine deal, but environmentalists say it’s a catastrophe for the climate crisis.
The Aussie sharemarket shrugged off fears that interest rates could climb higher before the year’s end to finish in the green.
Multiple strikes have broken out across Australia’s food sector, putting more pressure on an industry rocked by surging inflation. But experts have cautioned labour is not to blame for rising grocery bills at the checkout.
Despite a stronger lead from Wall St overnight, the share market was flat on Thursday, dragged lower by health stocks.
Hopes that the US Federal Reserve might be finishing its round of rate hikes has helped push the Aussie share market higher on Wednesday.
Australians dreaming of a holiday in the heart of Southeast Asia now have a new and cheap way to get there.
The Aussie share market peaked above the 7000 threshold on Tuesday after the US Federal Reserve signalled an easing of its interest rate strategy.
Following the shock incursion by Hamas into Israel, the ASX edged higher on Monday buoyed by surging energy and gold stocks.
The world needs a lot more copper to transition to an electric vehicle age and one mining giant is using AI to help solve the supply crisis.
Financials and basic materials had the biggest gains in Friday’s trade, while energy, real estate, and utilities lead the losses.
After oil prices tumbled and Wall Street finished higher overnight, the local benchmark ended its three-day losing streak to finish in the green on Thursday.
After Wall St sank lower overnight, the Aussie sharemarket wiped off 0.8 per cent of its value with the big four banks all finishing lower.
The Aussie share market suffered another steep fall on Wednesday, dropping 0.6 per cent when markets opened.
The Aussie share market plunged on Tuesday to its lowest level in six months following a rout in US Treasuries overnight.
Australia’s economic outlook has darkened, with the value of resource exports set for a staggering fall on the back of a China slowdown.
The world’s largest mining company is warning global climate change aspirations are at risk because investment in a key ingredient to fuel a green future is too low.
While inflation data jumped higher for the first time in four months, the local benchmark barely budged on Wednesday.
A continued correction following last week’s rates warnings pushed the local sharemarket to a two-month low on Tuesday.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/14