ASX cops $25bn fall after Trump strikes
Investors face a “nervous” week, with the ASX copping a $25bn loss on Monday morning as the fallout from the Middle East conflict sparks market chaos.
Investors face a “nervous” week, with the ASX copping a $25bn loss on Monday morning as the fallout from the Middle East conflict sparks market chaos.
Australia’s shares slid for the fourth straight day with a fall in banks and miners dragging the index lower on Friday.
In another blow for people trying to save, a major bank has cut the interest rate on a popular account for the second time in a month.
It was a mixed day on the markets on Thursday with CBA hitting a record high and BHP slumping with investors factoring in weak jobs data and the latest news out of Iran.
Share market bellwether Commonwealth Bank rose to a record Australian high on Wednesday, helping to drag the market higher.
Australia’s sharemarket continued its gains during Tuesday’s trading as the Commonwealth Bank soared to a new record high.
Cautious investors dragged the ASX 200 lower during Monday’s trading on the back of the latest developments from the White House as well as growing geopolitical tensions.
Australians are tired of being slugged to pay for their morning coffee with a card and want more transparent payment options, new research shows.
A bounce in the major banks and consumer staples in trading on Friday has helped drive the ASX to its best month since January.
The Reserve Bank of Australia could fast-track rate cuts after disappointing April retail sales figures.
Cautious investors helped lift the ASX 200 on a slow trading day on Thursday, despite a major court ruling which could help global trade.
Australia’s sharemarket snapped a four day winning streak during Wednesday’s trading after monthly inflation data came in hotter than expected.
The ASX 200 is closing in on record high as bullish sentiment in the Australian market persists amid unstable global conditions.
Cautious investors barely moved the ASX200 on a quiet day on the market, despite Wall Street rallying on the back of the latest US President Donald Trump walkback.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/3