Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
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 –...
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...