Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Market marks time ahead of rates call
Ahead of what is expected to be another 25-basis-point interest rate rise announced today, it was a reasonably positive tone from the Australian share market...
ASX stages late rally, but falls for fourth straight week, iron ore surge continues
The local market managed to finish the week on a positive note, gaining 0.4 per cent, but ultimately capping a fourth straight week of losses to finish 0.3 per...
Firming iron ore steels Australian market
Rising iron ore prices helped mining heavyweights BHP Group, Rio Tinto, Fortescue Metals and Mineral Resources on Thursday, and in turn that helped to push...
China optimism surge sparks miners
Optimism for mining stocks battled a downturn in the big banks in deciding the direction for the Australian share market on Wednesday, with the banks...
Retail rally points to rising rates
Australian retail sales rebounded in January as household spending defied inflation and higher borrowing costs, strengthening the case for the Reserve...
US inflation hammers local stocks
Local investors had the weekend to digest Friday night’s alarming report of the Federal Reserve’s preferred inflation metric, and they decided they...
Brambles buoys market, ASX gains, Rio Tinto sinks as Dominos burned
The busiest week of reporting season ended on a positive note, with the industrials and technology sectors, up 1.4 and 2.4 per cent respectively, contributing...
Qantas profit disappoints, cars, grain support Qube, ASX down
Another bumper day of profit announcements wasn’t enough to send the S&P/ASX200 higher on Thursday, with the materials sector, down 1.6 per cent,...
Origin bid reduced, but recommended, Domino's shares smashed, ASX sinks
A significant rally in the utilities sector, which gained 4.8 per cent on Wednesday on the back of a renewed bid for Origin Energy (ASX:ORG) wasn’t...
Market weakens a cyclicality returns, Hub profit surges, BHP cuts dividend
The S&P/ASX200 weakened a further 0.2 per cent on Tuesday, with little in the way of a lead from US markets. The materials and energy sectors stood out,...
Energy outlook dampens market, as Ampol pays special dividend, Bendigo buoys financials
Markets remained mix to open the week, with concerns around the peak in energy prices and the upward march of interest rates pushing both the energy and...