ASX drifts lower as world awaits US Fed hike
Volumes were subdued as ASX investors waited for Wednesday night’s meeting of the US Fed and an expected 50 basis-point rate hike.
World Markets
‘More to come’ after shock rate hike
The Reserve Bank has announced a historic interest rate hike and set the scene for further rate rises over the coming months.
RBA surprise spooks ASX investors
The ASX was travelling flat on Tuesday until a steeper-than-expected rate hike from the Reserve Bank sent investors fleeing for cover.
ASX smashed as traders brace for rate hike
ASX investors were back-pedalling from the get-go on Monday after a brutal sell-off on Wall Street knocked tech shares sharply lower.
ASX recoups more losses as tech shines
Technology and telecommunications shares helped fuel a Friday rise as the ASX 200 closed out a bruising week.
Tech shares, banks caught in inflation chaos
A higher-than-expected inflation print sent investors scurrying from growth names and financial stocks, but there was still some bargain hunting.
ScoMo sweats election rate rise
Prime Minister Scott Morrison is sweating over potential interest rate hikes as inflation spikes to its highest level in more than two decades.
Secret of investors with $700k balance
They have 21 times the average Aussie investment portfolio. Now a financial adviser reveals how a new group of affluent investors have so much money.
Crypto spikes more than 20 per cent overnight
A joke cryptocurrency has come back from the dead in the space of several hours after fading into obscurity for months.
Crypto influencer’s excuse for losing funds
The Tasmanian founder of Nugget’s News has released a statement blaming his loss of millions of dollars in investor money on his drug addiction and poor mental health.
CEO’s astonishing bitcoin prediction
A prominent investment firm CEO is convinced in less than a decade, bitcoin will be worth millions.
ASX just 50 points off all-time high
Mining and energy companies helped the Australian sharemarket continue its march towards record highs on the other side of the Easter break.
RBA roasted for ‘buffoonery’
The nation’s central bank left some economists scratching their heads on Tuesday after dropping another clue on the timing of interest rate hikes.
ASX travel names soar into Easter break
ASX travel names surged into the Easter break following a pleasing set of financial results for a US contemporary.
ASX rebounds on mining and oil stocks
Energy and material stocks were strong on Wednesday as ASX investors were encouraged by higher commodity prices and “peak inflation” sentiment in the US.
$215 billion wiped in major crypto crash
Crypto investors were lulled into a false sense of security after a steady three weeks, but now cryptocurrency has plunged again.
Inflation jitters smash tech stocks
Technology, health and payment stocks were bloodied on Tuesday as inflation jitters sent ASX investors fleeing from growth names.
ASX fades as China worries pile up
The Australian sharemarket faded throughout the day as unexpected Chinese inflation data and a Covid-related economic slowdown cast a shadow over regional indices.
Tech rout rolls on as investors fret rate hikes
Technology shares took another beating on Thursday as the prospect of steeper rate hikes home and abroad spooked investors.
ASX softens as further rate hikes loom
The negative market momentum triggered by Tuesday’s RBA statement carried into a new session for ASX investors, with the local bourse having its worst day in three weeks.
RBA statement knocks wind out of ASX
A hawkish pivot from the Reserve Bank sent investors fleeing to the benches on Tuesday as the Australian sharemarket’s early progress melted away.
Miners nudge ASX closer to record high
The Australian sharemarket started the week on the front foot, with a host of mining names performing strongly.
Banks sag as ASX dips into weekend
Friday heralded another narrow loss for the ASX 200, even as mining titans BHP, Rio Tinto and Fortescue Metals continued their meteoric rise.
ASX fades late to end remarkable March run
The mining titans were strong on Thursday, but not strong enough to drag the Australian sharemarket to an eighth straight session of gains.
Billionaires campaign against bitcoin
Several large organisations as well as a famous US billionaire have launched a campaign against bitcoin.
Tech stocks give ASX pre-budget bounce
The Australian sharemarket hit new 11-week highs on Tuesday as investors salivated over the prospect of a market-friendly federal budget.
Bitcoin surges after surprise move
Surprises came for bitcoin investors from two sides, and the end result has been a stunning rebound for the embattled crypto coin.
China reels as iron ore skyrockets
China is reeling from the nation’s worst Covid-19 outbreak in years – and it has sent the price of iron ore skyrocketing.
Surprise as Russian stock market opens
The Russian stock market opened for a brief four hours and 10 minutes, but allowed just 33 companies to trade under strict rules.
ASX rises again as tech, BNPL firms surge
A surging technology sector and a solid performance by the major banks lifted the Australian sharemarket to fresh highs on Wednesday.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/20