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.
World Markets
ASX tumbles ahead of Fed call
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.
ASX climbs as Wall St resets record
After a tech-propelled rally on Wall Street overnight, the Australian share market followed suit.
ASX slips on commodity sell-off
Following a two-session rally, shares on the Australian stock market slipped as iron ore and oil prices tumbled.
ASX snaps losing streak in broad rebound
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.
ASX falls on Wall St worries, BHP tumble
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
Aussie shares slump on CPI shock
Australian shares slumped on Wednesday after hotter-than-expected CPI numbers renewed inflation fears and narrowed the likelihood of rate cuts this year.
ASX drifts lower in ‘directionless’ trading
The Australian sharemarket fell lower on Tuesday after weak retail sales data hit discretionary stocks.
Aussie shares rebound in broadbased rally
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Fresh rate cut fears send ASX lower
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.
Hawkish Fed minutes drives metal sell-off
With Federal Reserve officials indicating interest rates will likely remain higher for longer, investors took profits in commodities on Thursday.
Consumer stocks pull ASX lower
Paring back its early gains, the sharemarket inched lower to finish in the red for a second consecutive session.
ASX advances on mining, energy stocks
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.
Aussie market dips despite strong week
The Aussie sharemarket has fallen one day after it was a “smidgen away” from record highs at the close.
Gas giant to cut 200 jobs
One of Australia’s energy titans will cut 200 jobs, blaming a delay in ‘growth activities’ for the cull.
ASX lifts on post-budget mining bounce
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
ASX slips in ‘risk-off’ trading day
Australian shares dipped lower on Tuesday as investors continue to tread cautiously before a flood of data comes this week.
ASX flat as investors eye inflation data
Australian shares were flat on Monday before important inflation data is released midweek.
ASX snaps five-day winning streak
Consumer and financials were crunched on Thursday as investors grew increasingly concerned with the impact of elevated inflation on households.
ASX edges higher on tech, property rally
A rally in interest rate sensitive stocks on Wednesday pushed the sharemarket into the green for a fifth consecutive session.
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
ASX lifts after Fed rates news
Australian shares notched a tepid bounce on Thursday following some dovish rhetoric from the US Fed and positive sentiment around half-year results from NAB.
ASX sinks on Wall St sell-off, Fed fears
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
Stocks inch higher on depressed retail sales
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
ASX rebounds as investors reassess rates
While bond traders have sharply revised their interest rate bets, equity investors appear unconvinced that a resumption in hikes is likely.
ASX dives as RBA rate hike in play
After stronger than expected economic data, traders have built up bets that the Reserve Bank could hike interest rates again.
Mega $60bn deal set to reshape Australia
Australia’s largest mining company is swooping in on a rival coal and copper giant in a transformative $60bn takeover bid.
Shares flat as inflation rebounds
Shares erased their early gains on Wednesday after firmer-than-expected inflation data took traders by surprise.
Fashion brand slammed for safety U-turn
A major Australian discount retailer has decided not to sign an international accord on factory safety and a women’s rights group is up in arms.
Miner goes nuclear with uranium drum
A South Australian mining company has boomed in value from $37m to almost $2bn in less than 10 years and the meteoric rise could continue with the company announcing another big milestone.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/3