Inflation in focus as CPI looms
A year-end rate cut by the RBA will depend on inflation and household spending data next week.
Markets
Why Qantas has to tackle ghosts of past to move forward
Qantas is soaring while conditions are good but when the cycle inevitably turns negative, this will test the airline’s commitment to changing its ways.
ASX 200 ends flat after intraday rise; WiseTech, HMC among top gainers; Metcash falls
ASX 200 rise fades for third day running. Qantas ‘might have not survived’ without Alan Joyce and Richard Goyder: chair. WiseTech investors back founder’s reincarnation as consultant. Metcash profit warning. ResMed lifts on strong quarter earnings.
Why this influential adviser is growing cautious about stocks
As bond yields soar after the US Federal Reserve cut interest rates despite a strong economy and the looming presidential election, Larry Jeddeloh has become cautious about stocks.
Richard White to stand down as WiseTech CEO
ASX 200 slips in cautious trading. WiseTech CEO resigns. CBA, Westpac rebuff flexible serviceability buffer call for home loans. Weak quarter weighs on Reece, Fortescue and Brambles. Super Retail tried to settle claims ahead of court fight. HMC lines up data play with $2bn Global Switch deal.
Why strategists are turning cautious about stocks
Stocks have had a great year, but they’re priced for perfection as risks increase and strategists are turning cautious amid heightened geopolitical risks as the US election looms.
Why Bank of America’s boss thinks the inflation fight has been won
Bryan Moynihan says in an interview says the US economy can absorb two more modest interest rate cuts this year, but has a warning about debt.
ASX 200 rises; WiseTech falls; Coles, Woolworths gain
WiseTech, MinRes billionaire actions on ASIC radar. Qantas jumps on Jefferies’ boost. Insurer QBE sued for allegedly misleading 500,000 customers. Nine-controlled Domain Holdings flags CEO change.
Why an Aussie banker landed a key role in this succession drama
This former Melbourne boy and Wall Street boss is now in charge of steering Disney through one of the toughest succession stories in corporate America.
Stocks dive as bond yields soar before US election
Rising bond yields hit the stock market as betting markets now show Donald Trump is more likely to win the Presidential election early next month.
ASX 200 a sea of red; WiseTech rebounds
Bourse has $48bn wiped off. WiseTech rises as Richard White settles fight with ex-lover. MinRes dogged by founder concerns. Broker downgrade weighs on Metcash. Audinate, Iluka updates trigger selloff.
Beware false dawn on US economy, Macquarie warns
Recent positive surprises in US economic data may be a false dawn as rising bond yields could drive a renewed downturn by year-end, Macquarie Equities says.
ASX rises; WiseTech, MinRes tank on CEO drama
Local shares rally after Friday’s sell-off as US remains resilient. WiseTech dives as Board investigates allegations against CEO Richard White. Retailers down as Nick Scali drops on profit warning. MinRes shares hit as Board backs CEO Chris Ellison amid investigation over alleged tax evasion. Vulcan issues profit warning.
Why contrarian Kourtis has love for ‘hated’ stock
When he addresses the Sohn Australia conference, Ellerston Capital’s contrarian investor Chris Kourtis plans to surprise everyone with some love for one of the ‘most hated’ stocks.
Labour figures, payroll data, RBA comments to garner attention
The ASX is expected to have an unremarkable opening on Monday, although labour force and payroll data, and comments by the RBA deputy governor will be closely examined this week.
ASX poised for more IPOs as conditions turn
Market watchers say interest rate cuts and improving economic conditions will make IPOs more attractive for companies, as one Aussie wool group prepares to list to fuel ambitious growth plans.
Share tips: experts’ buy, hold and sell recommendations
A mixed bag of share tips this week has something for everyone, just like global financial markets last week. See their suggestions.
How ‘dumb luck’ launched a $1 trillion opportunity
Stonepeak founder Mike Dorrell was in the right place at the right time. But the highly sought after fund manager is rewriting the rules on infrastructure.
The five uncertainties threatening to end sharemarkets’ run
Sharemarkets have been surging but conflicts in the Middle East and US political uncertainty are just two of the unknowns threatening to unravel the global rally.
Shares retreat from record as commodities weigh on bourse
Tightening supplies of raw materials may magnify a rise in prices if China’s stimulus measures manage to lift growth in the world’s No.2 economy and biggest consumer of most commodities.
Original URL: https://www.theaustralian.com.au/business/markets/page/14