Commodities
Updated
Sharemarket
Miners, banks lift ASX after Wall Street rises; Santos surges
The Australian sharemarket surged on the back of Wall Street’s record-breaking rally, following weak reports on the US economy which kept the door open for possible interest-rate cuts.
- by Millie Muroi
Latest
Updated
Sharemarket
ASX retreats after Reserve Bank minutes; Coal miners jump again
Miners and consumer discretionary companies kept the Australian sharemarket in the red on Tuesday after the Reserve Bank’s latest meeting minutes.
- by Millie Muroi
Updated
World markets
ASX rises as Wall Street gets inflation boost; Sigma slumps
The Australian sharemarket advanced, powered by interest-rate-sensitive tech stocks and real estate investment trusts after Wall Street hit new records overnight.
- by Sumeyya Ilanbey
Updated
World markets
ASX weighed down by utilities, miners and tech stocks
The Australian sharemarket declined after a mixed finish on Wall Street ahead of key inflation reports and the Federal Reserve’s interest rate decision.
- by Millie Muroi
Updated
World markets
ASX slumps, tracking losses on Wall Street; BHP falls after scrapped Anglo deal
The Australian sharemarket fell for a third consecutive trading session to a one-month low, as investors sold off equities amid concerns persistently high inflation would prompt the Reserve Bank to keep interest rates high for longer.
- by Sumeyya Ilanbey
Updated
World markets
ASX slumps after weak US data; BHP shares drop on $60b deal
Australian shares sunk to almost three-month lows after higher-than-expected inflation figures in the United States and Australia pushed bond yields higher and weighed on the local bourse.
- by Sumeyya Ilanbey and Millie Muroi
Updated
Company mergers
BHP confirms non-binding $60b takeover offer for rival Anglo American
BHP, the world’s largest miner, has approached London-listed Anglo American with an offer that could turn into this year’s biggest deal.
- by Crystal Tse, Dinesh Nair, Thomas Biesheuvel and Millie Muroi
Opinion
Currencies
Why the US dollar is setting off alarm bells around the world
Suddenly, tension and uncertainty have gripped financial markets, making them highly volatile.
- by Stephen Bartholomeusz
Opinion
Inside China
Why metals will shrug off history’s greatest property crash
A curious thing has been happening in China’s vast real estate market — or rather, not happening.
- by David Fickling
Updated
World markets
ASX flirts with record after Wall Street rebounds on rate cut hopes
The Australian sharemarket briefly flirted with an intraday record high at lunchtime before dipping, after Wall Street rebounded overnight on fresh hopes of an early interest-rate cut.
- by Sumeyya Ilanbey and Millie Muroi
Lamb enticing more eateries as livestock glut pushes prices down
Pubs, clubs and restaurants are taking advantage of lower prices of the red meat as farmers cull their herds ahead of a drier, hotter seasonal outlook.
- by Jessica Yun
Original URL: https://www.watoday.com.au/topic/commodities-5vv