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ASX currently up 0.22%: Energy is best performing sector

24 Oct 2023 - The spotlight is on RBA Chief Michele Bullock's speech scheduled for 7pm AEDT at the Global Markets Conference hosted by CBA in Sydney.

S&P500 falls lower: Chevron acquires Hess Corporation

24 Oct 2023 - The Nasdaq Composite ticked higher on Monday as Treasury yields retreated from their highs and traders looked ahead to the release of corporate earnings from tech ind…

ASX closes 0.82% lower to its lowest point in a year

23 Oct 2023 - Australian shares closed at their lowest level in a year on Monday, following a trend set by a weaker Wall Street. This decline was driven by concerns about an escala…

ASX down 0.76% at noon following Wall Street's poor performance

23 Oct 2023 - At noon, the S&P/ASX 200 is 0.76 per cent lower at 6,848.40. This drop was in line with Wall Street's performance, driven by concerns about potential interest rate hi…

US stocks fall as US 10-year Treasury yields pass 5%

23 Oct 2023 - Stocks retreated Friday as a surge in the 10-year Treasury yield prompted broader concerns about the state of the economy. The yield on the benchmark 10-year Treasury…

ASX down 1.11% at noon: Chinese investors dump US bonds

20 Oct 2023 - In August, Chinese investors recorded their highest selling activity of US bonds and stocks in four years, amounting to $21.2 billion, with a focus on treasuries and …

US stocks slide following comments from Fed Chair Jay Powell

20 Oct 2023 - Stocks slid on Thursday as Wall Street parsed commentary from Federal Reserve Chair Jerome Powell while monitoring a key milestone for a closely followed bond yield.

ASX closes 1.36% lower to its worst day in 4 weeks

19 Oct 2023 - Australia's benchmark index had its worst one-day performance in four weeks on Thursday. This decline was attributed to rising tensions in the Middle East and an unex…

Afternoon update: ASX drops 1.69% as labour market remains tight

19 Oct 2023 - The ASX has experienced a significant drop of 1.69 per cent to 6,958.20.

ASX down 1.35% in anticipation of labour market figures

19 Oct 2023 - The big four Australian banks are projecting various outcomes for the labor market: Commonwealth Bank (CBA) expects a 25,000 job gain with a higher unemployment rate …

US stocks slip as Treasury yields hit levels not seen since 2007

19 Oct 2023 - Stocks dropped Wednesday as earnings season gained steam and Treasury yields climbed to multiyear highs.

ASX closes 0.3% higher as China's GDP grows

18 Oct 2023 - The Australian sharemarket increased in value on Wednesday, as China's gross domestic product (GDP) for July-September grew by 4.9% compared to the previous year.

Afternoon update: ASX up 0.16% following China's Q3 economic performance

18 Oct 2023 - The S&P/ASX 200 is trading 0.16 per cent higher at 7,067.40.

ASX up 0.13% as oil prices surge

18 Oct 2023 - Oil prices surged by up to 1.7% in early Asian trading following a deadly explosion at a Gaza hospital, heightening tensions in the Middle East ahead of US President …

S&P500 closes near flatline; Bond yields lift; US DOC plans to restrict chips

18 Oct 2023 - The S&P 500 closed near the flat line on Tuesday as investors analysed the latest bond yield moves and corporate earnings season gained steam.

Surge in Tech stocks help lift the ASX 0.41% at close

17 Oct 2023 - The ASX overcame a two-session losing streak thanks to a surge in technology-related stocks, despite some surprisingly cautious remarks from the Reserve Bank of Austr…

Afternoon update: ASX currently 0.58% higher as investors digest RBA comments

17 Oct 2023 - The S&P/ASX 200 is currently trading 0.58 per cent higher at 7,067.1.

ASX up 1.05% as RBA releases its latest minutes

17 Oct 2023 - The Reserve Bank of Australia recently released its latest minutes regarding the cash rate decision. During the meeting, members contemplated increasing the cash rate…

US markets rally as earnings season takes centre stage

17 Oct 2023 - Stocks closed higher Monday as earnings season heats up this week. Eleven per cent of the S&P 500 slated to report results. Some notable names on deck this week inclu…

ASX tumbles 0.35% as investors seek bonds and gold

16 Oct 2023 - On Monday, the Australian stock market experienced a decline as investors sought refuge in bonds and gold due to growing concerns about increasing tensions in the Mid…

Afternoon update: ASX trading 0.34% lower as Northern Star Resources leads large caps

16 Oct 2023 - The S&P/ASX 200 is trading 0.34 per cent lower at 7,026.80.

ASX down 0.28% at noon as oil stabilises following Friday's gains

16 Oct 2023 - Oil prices remained stable as Israel had not yet initiated its expected ground offensive in Gaza, while the United States intensified diplomatic efforts to prevent th…

US stocks decline amid growing concerns over rising inflation

16 Oct 2023 - Stocks fell Friday, pressured by a spike in oil prices and rising inflation expectations, as Wall Street wraps up a volatile week.

ASX down 0.37% at noon as oil prices fall

13 Oct 2023 - Oil prices fell as US crude stockpiles increased significantly by 10.2 million barrels, the largest rise since February, and demand for gasoline remained low, pushing…

US stocks fall following new CPI data

13 Oct 2023 - Stocks fell Thursday, pressured by rising Treasury yields, as traders fretted over new data showing persistent US inflation.

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