Market Reports /
by Peter Milios -
16 days ago
19 Apr 2024 - US jobless numbers held steady overnight, adding yet another data point that suggests the US economy is firing on all cylinders.
Market Reports /
by Peter Milios -
17 days ago
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.
Market Reports /
by Peter Milios -
17 days ago
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 inc…
Market Reports /
by Peter Milios -
17 days ago
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.
Market Reports /
by Peter Milios -
18 days ago
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.
Market Reports /
by Peter Milios -
18 days ago
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. T…
Market Reports /
by Peter Milios -
18 days ago
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.
Market Reports /
by Peter Milios -
19 days ago
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 inter…
Market Reports /
by Peter Milios -
19 days ago
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 t…
Market Reports /
by Peter Milios -
19 days ago
16 Apr 2024 - Stocks erased early gains to finish well in the red after much stronger than expected retail sales cast further uncertainty around the likelihood and timing of rate c…
Market Reports /
by Manny Anton -
20 days ago
15 Apr 2024 - Interest rate sensitive Technology & IT stocks were the key drag on the local market as we approach midday. The IT sector was trading down close to 2%.
Market Reports /
by Peter Milios -
20 days ago
15 Apr 2024 - Concerns have risen after the Iranian retaliation against Israel and weaker than expected bank earnings overshadowed US markets on Friday.
Market Reports /
by Peter Milios -
23 days ago
12 Apr 2024 - Australian shares slipped in the final session of the week as US Federal Reserve officials emphasised the need for patience in addressing global inflation concerns. A…
Market Reports /
by Peter Milios -
23 days ago
12 Apr 2024 - Tech stocks led the market back into positive territory after the previous sessions inflation led sell off after the March PPI number came in below estimates providin…
Market Reports /
by Peter Milios -
24 days ago
11 Apr 2024 - Shares rebounded on Thursday despite losses in technology and property sectors following higher-than-expected US inflation data, which led to a 0.4% decline in the S&…
Market Reports /
by Peter Milios -
24 days ago
11 Apr 2024 - At 11:30am, the S&P/ASX 200 is 0.86 per cent lower at 7,781.00, as investors sold off interest rate-sensitive sectors such as property, tech, and banking stocks due t…
Market Reports /
by Peter Milios -
24 days ago
11 Apr 2024 - Hotter than expected March inflation data triggered a wave of selling in US markets with the 10 year Treasury yield soaring back above 4.5 per cent.
Market Reports /
by Peter Milios -
25 days ago
10 Apr 2024 - On Wednesday, the Australian sharemarket saw a 0.3% increase in the benchmark S&P/ASX 200 Index, reaching 7848.5 points, predominantly driven by a surge in mining sto…
Market Reports /
by Peter Milios -
25 days ago
10 Apr 2024 - Australian shares opened higher, following a late rebound on Wall Street and a decrease in US Treasury yields ahead of the release of key US inflation data.
Market Reports /
by Peter Milios -
25 days ago
10 Apr 2024 - Investors remained on the sidelines ahead of the key March CPI data due out Wednesday US time (tonight local time).
Market Reports /
by Peter Milios -
26 days ago
09 Apr 2024 - The Australian sharemarket closed higher on Tuesday, buoyed by a 0.5% gain in the benchmark S&P/ASX index to 7824.2 points, primarily driven by a 1.5% surge in the ma…
Market Reports /
by Peter Milios -
26 days ago
09 Apr 2024 - The March NAB Business survey indicated that business conditions and confidence remained relatively stable, with positive trends observed in the retail and constructi…
Market Reports /
by Peter Milios -
26 days ago
09 Apr 2024 - Markets finished the day essentially flat as investors remain focused on CPI due out later this week.
Market Reports /
by Peter Milios -
27 days ago
08 Apr 2024 - The Australian sharemarket closed slightly higher on Monday, with the S&P/ASX gaining 0.2 per cent to 7789.1 points, despite a tumultuous session for several ASX 200 …
Market Reports /
by Peter Milios -
27 days ago
08 Apr 2024 - The ASX is advancing in the initial session of the week, primarily driven by the strength of technology stocks, following Friday's tech-driven surge on Wall Street.