ASX lifts with recovery news, QBE’s new chief revealed
Stocks close higher as latest GDP figures show economy recovering rapidly after COVID, while QBE’s new chief revealed in a London announcement.
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RBA pledges ‘whatever it takes’
The Reserve Bank has vowed to do whatever it takes in order to keep official cash rates low, even as investors dump bonds amid inflation fears.
ASX backtracks to finish lower
The local sharemarket reversed a strong early lead to finish slightly down after the RBA reaffirmed the cash rate.
ASX rebounds, dollar tumbles, RBA doubles bonds purchase
Stocks rebounded from last week’s late smash, helped by the iron ore price and the Aussie dollar’s fall as RBA doubles bond purchase.
ASX takes $51bn ‘bondcano’ hit on worst day in 6 months
High flyers like Kogan, Afterpay and Dominos slammed as investors wiped $51bn off the local sharemarket and the Australian dollar dived.
ASX takes $51bn hit on worst day in 6 months
Australia’s sharemarket followed Wall Street’s sharp fall as the ‘bondcano’ erupted, losing $51bn on Friday, with stocks like Afterpay and Orica tumbling.
Aussie dollar bursts through US80c
The Australian dollar broke above the key barrier for the first time in three years on Thursday night amid expectations of an economic recovery from the coronavirus pandemic.
ASX higher as travel stocks surge, Zip Co sinks
Australian stocks rose strongly and BHP hit a record after gains on Wall Street. Flight Centre, Qantas shares rose despite losses. Zip Co and A2 Milk dive. ASIC sues NAB.
Behind the RBA’s high-stakes bond battle
While corporate Australia is hogging the headlines with results season, an almighty fight is taking place in the shadows between the Reserve Bank and bond traders.
Sentiment mixed as economy, bond yields fuel ASX fire
Optimism about the economy and the surge in bond yields are having mixed effects on the Australian sharemarket.
Original URL: https://www.theaustralian.com.au/author/david-rogers/page/198