LATEST FINANCE NEWS

ASX down 1.5% near noon: Aus shares on course for seventh decline in eight sessions
19 Apr 2024 - Australian shares are on course for their seventh decline in eight sessions amid investor preference for higher bond yields and gold due to concerns about persistent inflation.

US markets eyeing another negative week
19 Apr 2024 - US jobless numbers held steady overnight, adding yet another data point that suggests the US economy is firing on all cylinders.

ASX closes 0.5% higher: All four banks close higher
18 Apr 2024 - Shares rebounded on Thursday, breaking a seven-day streak of losses, following Australia's jobless rate rising to 3.8% in March, aligning with market expectations.

ASX up 0.39% near noon: Australian employment decreases in March
18 Apr 2024 - Australian employment decreased by 7000 in March, resulting in a rise in unemployment to 3.8% from February's 3.7%, contrary to analysts' expectations of a 10,000 increase and a stable unemployment rate at 3.9%.

Nvidia and Big Tech lead US markets lower
18 Apr 2024 - US markets ended in the red for the fourth trading day in a row as big tech names weighed heavily on markets.

ASX closes 0.1% lower regarding the uncertain geopolitical landscape in the Middle East
14 Apr 2024 - Continuing its decline for the fifth consecutive session, the ASX experienced a downturn as the S&P/ASX 200 closed 6.9 points, or 0.1 per cent lower at 7605.6.

ASX down 0.15% near noon: Fed Chair Powell confirms rates will stay higher for longer
17 Apr 2024 - Australian shares extended their losses this week, primarily driven by the indication from the US Federal Reserve that rate cuts might not occur in the near future. This contributed to further declines in the Australian stock market, compounding the losses already experienced earlier in the week.

Markets close mixed following Fed rate commentary
17 Apr 2024 - US markets finished close to the flatline following Federal Reserve Chair Jerome Powell comments that interest rates may need to stay elevated.

ASX closes 1.8% lower to its largest one-day drop since March the previous year
16 Apr 2024 - Australian shares experienced significant losses on Tuesday, following a decline on Wall Street fueled by strong US retail sales data, dampening expectations of interest rate cuts by the Federal Reserve and the Reserve Bank.

ASX falls 1.26% at near noon: All sectors in red
16 Apr 2024 - Australian shares declined sharply following stronger-than-expected US retail sales data, dampening hopes for interest rate cuts and triggering a 1.26 per cent drop to the S&P/ASX 200, marking the third consecutive session of losses.