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.
World Markets
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.
ASX rebounds as Middle East tensions fade
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
ASX flat on new inflation narrative
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
ASX tumbles as stocks follow Wall St
Shares took their cue from the US stock market, with the local benchmark finishing in the red for the fourth consecutive session.
ASX slips on Iran missiles, inflation worries
Australian shares slipped on Monday trading as investors price in rising geopolitical uncertainty in the Middle East.
Undeniable crisis facing global superpower
The world’s most populous nation is going through a booming period of growth, but there’s a problem that has left politicians sweating.
ASX slips despite Wall Street recovery
Softer-than-expected producer price data failed to ease the concerns of inflation-worried investors.
Hot US inflation print rattles ASX
With US inflation proving more stubborn than expected, traders are increasingly concerned rate cuts will be delayed.
Iron ore optimism extends ASX rally
A rally in material stocks helped push the benchmark into the green, as investors awaited fresh inflation data due Wednesday evening.
ASX rallies ahead of US inflation figures
The Australian share market was up slightly as investors await new inflation data from the US, which will be key to its path on interest rate cuts.
Historic gold mint releases new coins
Australia’s largest precious metals mint will celebrate 125 years in operation with the release of five special coins, including a gold coin with a mintage of just 500.
Supermarket giant backs new $190m fund
Australia’s largest retailer is going direct to the world’s top start-up companies to keep Aussie supermarkets at the forefront of emerging tech.
ASX ekes out gains despite energy dip
While the benchmark edged only slightly higher, key members on the share market swung wildly in trading on Monday.
Stocks drop as rate cut jitters return
With the benchmark finishing in the red for three of the past four sessions, the sharemarket dipped 1.6 per cent this week.
ASX snaps two-day losing streak
After a sharp sell-off during Wednesday’s session, the sharemarket unwound some, but far from all, of its losses on Thursday.
Rich Dad Poor Dad author’s wild rant
Fans paid up to $1500 to see the author speak live – but soon got more than they bargained for.
ASX hit by faltering US rate cut hopes
Taking its lead from Wall Street, the local benchmark slipped as rate cut expectations continued to unwind.
ASX edges lower after reaching record
After resetting its intraday record, the benchmark edged lower as traders grew skittish.
ASX slips ahead of inflation print
Ahead of key inflation data at home and abroad, Australia’s share market slipped on Tuesday as investors took profits.
Surge in real estate pushes ASX higher
Ten of 11 sectors on the ASX ended the day in the green, with rate-sensitive real estate stocks and positive sentiment around Chinese growth propelling the uplift.
ASX rallies on US interest rate outlook
The ASX booked a ‘relief rally’ on Thursday on the back of a US Federal Reserve meeting that maintained its outlook for three rate cuts in 2024.
ASX dips before blockbuster US meeting
The Australian sharemarket has edged lower after a day of choppy trading as cautious investors await the all-important US Federal Reserve meeting.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/5