Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
US inflation bumps market higher, technology boom, AGL capitulates
The weakest monthly inflation print in close to two years offered the best possible backdrop for the local market on Monday, with the S&P/ASX200 gaining...
ASX defies gravity, energy and retailers push market higher, Appen tanks
The local market delivered a strong finish to the week, gaining 1.1 per cent on the back of a strong global lead. The primary driver was a weakening of the...
Appen left at the altar. Market heads lower. Good week continues for US markets.
Appen left at the altar A bizarre blink-and-you-missed takeover approach came and seemingly went for one of the local market’s tech leaders Appen, which...
Aussie market creeps higher. US markets lift.
Aussie market creeps higher Despite a steady diet of news of war, global slowdowns, China lockdowns, inflation and higher rates, the Australian share market...
China sniffles hurt market. Tech weakens Wall Street, Dow holds up
China sniffles hurt market The Australian share market was weighed down on Tuesday by concerns that COVID-19 lockdowns have hurt economic growth in China, the...
Election, what Election? Codan, Elders bust out. Green arrows on Wall Street.
Election, what Election? A change of government was yawned-off by the Australian share market on Monday; after being up by 50 points in morning trading, the...
Market rallies on China policy, tech jumps, Woolies buys mydeal.com.au
The Aussie market benefitted from the news that the Chinese Government had cut a key interest rate and a late rally in US markets to post a 1.2 per cent gain...
Follow the leader, consumer businesses send ASX lower, travel is back
The local market couldn’t overcome growing concerns about stagflation, an instance when the economy slows as inflation increases, with the S&P/ASX200...
Four straight gains, iron ore surges, BlueScope upgrades, Boral downgrades
The domestic market was buoyed by a jump in the iron ore price as Chinese lockdowns continue to ease with the S&P/ASX200 gaining 1 per cent on the back of...
Little by little, market recovery continues, James Hardie upgrades, Bramble's bid halted
The domestic market is slowly chipping away at recent losses, with the S&P/ASX200 gaining another 0.3 per cent on Tuesday behind a rally in the energy and...
China weakness sends market lower, Brambles confirms takeover talks, Qube jumps
The local market commenced the week on a more positive note, with the S&P/ASX200 gaining 0.3 per cent on the back of a strong performance from the...