Trump bombshell smashes ASX, banks slump
Australia’s biggest healthcare, banks and tech companies led the market falls, as Trump enacted two pieces of legislation that rattled Asian markets.
Australian Dollar
How Trump helped Aus avoid tariff chaos
Donald Trump personally ensured Australia’s tariff rate would remain at 10pc, despite “pressure” from inside his administration, the Trade Minister has said.
Five ways Trump’s tariffs will impact you
While Australia dodged the worst of America’s trade war, experts warn the fallout will still impact everything from mortgages to medicine costs.
Miners, Flight Centre drag ASX 200 lower
Australian shares have recorded their fourth straight monthly gain despite mining giants taking a hit after Rio Tinto posted its lowest profits since 2020.
More Stories
ASX soars on firming rate cuts
The ASX200 has jumped to within touching distance of an all-time high on the back of market friendly inflation data released on Wednesday.
‘Sensible’: Bank calls for big rate cut
Mortgage holders are expected to get some much-needed rate relief in August, but one of Australia’s biggest banks is calling for an outsized rate cut.
Key figure to decide August rate cut
Mortgage holders are expected to get some much-needed rate relief in August, but one of Australia’s biggest banks is calling for an outsized rate cut.
Cautious investors lift ASX 200
ASX clawed back early losses to finish slightly higher on Tuesday, as patient traders wait for key economic data to be released on Wednesday.
ASX jumps on the latest Trump deal
Australian shares have bounced back as major banks recover and Trump’s EU trade deal boosts investor confidence across global markets.
Aussie dollar climbs to 9-month high
Record-breaking Aussie dollar could smash through 66 cents this week as markets await make-or-break trade deals and inflation data.
ASX drops on banks and miners
Falling iron ore prices and profit taking on the major banks drove the ASX lower on Friday for the third straight trading day.
RBA governor’s speech sinks ASX 200
Comments from RBA governor Michele Bullock and weaker than expected quarterly earnings dropped the ASX on Thursday.
Why unemployment may stop rate cut
The RBA boss has given another major clue as to why the central bank held interest rates during their July meeting, and what will move the needle in August.
Why unemployment may stop rate cut
The RBA boss has given another major clue as to why the central bank held interest rates during their July meeting, and what will move the needle in August.
Original URL: https://www.thechronicle.com.au/business/markets/australian-dollar