‘Whatever it takes’ time looms for RBA
The Reserve Bank is now expected to announce another round of monetary policy easing, either next week or a month later.
The Reserve Bank is now expected to announce another round of monetary policy easing, either next week or a month later.
The Australian sharemarket is tipped to open higher on Monday following upbeat overseas leads.
Major banking stocks pushed the ASX 200 to finish firmly higher, as Westpac clocked its best one-day rise in nearly four months.
The Australian dollar has been one of the worst performing G10 currencies this week.
The $A was around a 9-week low and shares fell after Fed officials said more stimulus was needed, but Westpac provided some recovery for the ASX 200.
A Joe Biden win in the US election could deliver a boost for renewables and electric vehicle stocks, according to global investment manager Nuveen.
Market betting has swung firmly behind the RBA cutting interest rates at its October 6 board meeting.
Australia’s share market ended a 4-day losing streak with its best day in 9 weeks, adding $38bn of market capitalisation.
Australia’s share market suffers first 4-day fall since April with resources hit and the S&P/ASX 200 closing at a 3-month low.
Shares closed lower on Monday amid falls in banks, miners and property trusts, while News Corp gained before its investor day.
One of the nation’s oldest independent broking firms has joined funds management legend Geoff Wilson in an assault on underperforming LICs.
The sharemarket is tipped for a weak start to the week as concerns grow about the pace of the global economic recovery.
Stronger-than-expected August employment data this week raised an intriguing possibility.
The government should diversify its exposure to different vaccine makers, says Bianca Ogden.
Australia’s share market ended a 4-week losing streak even after a slight fall on Friday.
Stocks close 1.2 per cent lower, with tech and miners under pressure, as the Aussie reverses gains after a surprise fall in the jobless rate.
The world’s biggest fund manager has pushed back against the US Federal Reserve’s newly adopted average inflation targeting regime.
A deterioration in liquidity makes large quarter-end rebalancing flows more problematic.
Australia’s share market closed 1pc higher with gains from heavyweights CSL, BHP and CBA before the FOMC meeting.
US calls the World Trade Organisation ‘completely inadequate’ after it said some tariffs against China broke trade rules.
Original URL: https://www.theaustralian.com.au/business/markets/page/198