‘It’s madness’: US market mysteriously soars
As predicted the US markets sank when they opened on Monday – until they began to soar. It was all down to a single X post – but something was wrong.
Markets
Trump thump: ASX 200 haemorrhages $112bn
Trump tariffs trigger GFC echoes as market trims falls. Treasurer warns on recession risk, flags potential 50bp rates cut. Fears of Black Monday-like crash as traders reel from speedy rout. AUD back above US60c.
Aussie dollar plunges, $100bn wiped off ASX
The ASX 200 is a sea of red on the opening, and the Aussie dollar has plunged below 60 cents, as investors continue to sell-off on fears of a global recession.
‘Uncertain times’: Albo’s super concerns
Anthony Albanese says Australia has been in contact with the White House, as he says the global chaos from the Trump tariffs is concerning for Aussie super.
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‘Not America’: Demand for $2k wage boost
Union leader Sally McManus has fronted the Fair Work Commission to push for a big minimum wage increase for workers.
ASX edges higher; tariffs wait keeps investors cautious
Star pins hopes on Bally’s as refinancing talks with Salter fail. MinRes, founder Chris Ellison slapped with class action. Zip loses in court. US Fed official worried about tariff policy ‘fog’.
Turnbull mocks Trump in brutal take-down
Malcolm Turnbull has mocked Donald Trump in a pugnacious address to the National Press Club, saying Aussies need to stand up the ‘billionaire bully’.
Grim trend spikes in Aussie workplaces
New research has revealed a grim trend taking hold in Australian workplaces, led by millennial and Gen X workers.
RBA holds rates ahead of Trump’s day of reckoning
RBA board holds cash rate at 4.1pc, ‘did not explicitly discuss rate cuts’ says Bullock as focus shifts to May. ASX lifts 1pc. Housing groups welcome Coalition promise to drop mortgage buffer.
$42bn loss: ASX 200 smashed on tariff fears
Markets brace for Trump’s ‘Liberation Day’. US recession probability doubles: GS. Nine, Domain fall amid CoStar talks. RBA, ASIC salvo weighs on bourse operator ASX.
‘Mayhem’: $38bn wiped off Aussie market
A new report into US President Donald Trump’s tariff policy has sparked investors’ fears, with billions wiped from global markets.
Surprise reason holidays to Bali are cheaper
Holidays to Bali have become cheaper this year — and Aussie travellers have Donald Trump to thank for the boon.
‘Quiet old Friday’ as ASX gains
The ASX finished slightly up on Friday, but investors remain uncertain over a potential hung parliament and US President Donald Trump’s tariffs.
ASX 200 eyes flat close as election focus sharpens
ASX ekes out small gain. Election Day is May 3. Bad weather delays Incitec Pivot fertilizer sales. Big east coast gas users back Dutton plan as producers pan it. Virgin clears last barrier on Qatar flights. Star’s Sydney casino licence suspension continues.
Original URL: https://www.ntnews.com.au/business/markets/page/2