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Inflation reprieve cheers market
A softer than expected headline inflation figure sparked a rally in the Australian sharemarket on Wednesday, as the Australian Bureau of Statistics (ABS)...
Market up ahead of Inflation Day
The Australian share market bounced back from four straight days of losses on Tuesday, as investors prepare for a crucial inflation figure. The benchmark...
Mondayitis for Australian market
Shares posted their fourth straight days of losses on Monday, as investors were unnerved by a failed military uprising in Russia over the weekend, which had...
The famous Baltic Dry finds its place in the post-pandemic world
With ETF providers offering a slew of products aimed at shipping exposures, the 'esoteric legend' of the Baltic Dry Index still has a place in the hearts and...
Rates concerns derail Aussie market
The Australian sharemarket had a poor day on Thursday, in fact its worst loss in more than three months, spooked by Federal Reserve Chairman Jerome Powell...
Local market down ahead of Fed Chair's chat with Congress
The local share market ended its seven-day winning streak on Wednesday, with investors and traders wary ahead of Federal Reserve chairman Jerome Powell’s...
Coin-toss on rates boosts local market
The Australian sharemarket sailed to a two-month high on Tuesday, after the minutes from the Reserve Bank of Australia’s June meeting showed that the...
Aussie market posts seven-week high
The Australian sharemarket lifted to its highest level in seven weeks on Monday, boosted by decent gains in nine out of the 11 sectors. The benchmark...
Art investment in SMSFs 'not easily done', but trustees backing their taste
With almost $600 million worth of SMSF assets held in art - up 54 per cent since 2016 - the original alternative investment is seeing a significant resurgence...
Strong jobs number points to rate rise
The Australian share market rose for a fourth straight day, buoyed by Chinese stimulus measures in China, even as a booming domestic jobs report raised...
Miners offset CSL slide
The Australian sharemarket closed in the green on Wednesday as gains among the miners were balanced by a slide for healthcare – and index –...
Tech stocks to market's taste, instead of pizza
The Australian share market struggled to a small gain on Tuesday, reflecting an upbeat session overnight on Wall Street. The benchmark S&P/ASX 200 closed...
Down the Snake, Three Days Straight
The Australian sharemarket slid for a third straight day on Thursday after the Bank of Canada followed the Reserve Bank of Australia by lifting interest rates...
Weak data weighs on market
The local share market has finished slightly lower as investors mulled weak economic data and the implications of higher rates for longer, following a...
Market peeved by rate hike
The Australian sharemarket fell after the Reserve Bank surprised markets with another interest rate hike, lifting the cash rate to 4.1 per cent. The...
Is Appen shaping up as a local stock alternative to AI wunderkind NVIDIA?
The meteoric rise of Nvidia (NVDA) parallels generative AI's own stratospheric journey. Dataset provider Appen provides an interesting local proxy stock,...