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Megan Neil

Megan Neil
Megan NeilBusiness reporter

Megan Neil is a Melbourne-based senior business reporter for The Australian, covering financial services. She spent 20 years at national newswire Australian Associated Press in various roles including senior national journalist, finance editor and Melbourne bureau chief. Megan covered several royal commissions including the financial services inquiry.

Megan Neil

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SYDNEY, AUSTRALIA: NewsWire Photos: MARCH 18 2024: A general view of the digital boards at the ASX in Sydney. Picture: NCA NewsWire/ Gaye Gerard

High markets ‘disconnected’ as geopolitics hit home

Stock markets are ‘disconnected’ as they remain at near record highs despite surging bond yields and the outlook for interest rates and geopolitics is starting to hit market sentiment, a top strategist warns as the Australian market has its worst two-day fall in six months.

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Trading DayTrading Day
Pedestrians are reflected in a window as they walk past an electronic stock board at the ASX Ltd. exchange centre in Sydney, Australia, on Thursday, Feb. 14, 2019. “We made good progress on our core initiatives across the period, including the program to replace CHESS with distributed ledger technology; upgrade of our secondary data centre to strengthen market resilience; and restructure of our Listings Compliance team to enhance the quality of market oversight,” ASX Chief Executive Officer Dominic Stevens said. Photographer: David Moir/Bloombergrket resilience; and restructure of our Listings Compliance team to enhance the quality of market oversight,” ASX Chief Executive Officer Dominic Stevens said. Photographer: David Moir/Bloomberg

J-Power moves on Genex bid; ASX ends down

Atlassian billionaire Scott Farquhar kingmaker in Genex takeover by J-Power. Forrest vows to push ahead on Meta fight after DPP blow. ‘Enhanced bid’ paves way for Seven to take control of Boral. Star falls.

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Trading DayTrading Day
SYDNEY, AUSTRALIA: NewsWire Photos: MARCH 18 2024: A general view of the digital boards at the ASX in Sydney. Picture: NCA NewsWire/ Gaye Gerard

Why US inflation dents rate cut hopes

As US inflation proves even stickier than expected it’s increasingly likely the Fed won’t cut interest rates any time soon | Also today: ASX 200 trims sharp falls, Star down. 

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SYDNEY, AUSTRALIA : Newswire Photos AUGUST 30 2023: A general view of the digital boards at the ASX in Sydney. Picture: NCA Newswire/ Gaye Gerard

Why this top fund manager is backing gold

Collins St Asset Management says a valuation gap with gold miners is set to close rapidly, potentially within months. Also today: EY prepares to announce layoffs. RBNZ holds rates. Dubber sacks CEO. 

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Trading DayTrading Day
SYDNEY, AUSTRALIA: NewsWire Photos: JANUARY 22 2024: A general view of the digital boards at the ASX in Sydney. Picture: NCA NewsWire / Gaye Gerard

Stars are aligning for copper: Citi

Buy copper now or pay the price of cost increases and missed opportunities in a new secular bull market, Citi says. Also today: Guzman y Gomez’s $134.5m raise. Analyst upgrades boost Ansell and Elders.

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Trading DayTrading Day
SYDNEY, AUSTRALIA: NewsWire Photos: JANUARY 22 2024: A general view of the digital boards at the ASX in Sydney. Picture: NCA NewsWire / Gaye Gerard

ASX at two-week low as miners fall

ASX 200 falls 1.6 per cent this week. Iron ore futures fall. GQG rises as funds soar. APM extends trading halt ahead of new bid. Magellan’s outflows up. Oil above $US90 as geopolitical tensions rise.

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Original URL: https://www.theaustralian.com.au/author/megan-neil/page/4