Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
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...
ASX (ASX:XJO) sinks on growing recession risk, energy shares tumble, Endeavour looks deeper
The local sharemarket followed a weak global lead with both the All Ordinaries (ASX:XAO) and S&P/ASX200 (ASX:XJO) dropped 1.3 per cent on Friday, following...
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...
Local market (ASX:XJO) gains 1.1 per cent on Friday, AGL surges on upgrade
The local sharemarket delivered a fifth straight day of gains on Friday, finishing 1.1 per cent higher on the back of a strong rally in the energy sector. The...
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 –...