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.
World Markets
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.
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.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/9