Finance News Network

Market Reports

ASX closes 0.2% lower: Ansell shares tumble

18 Jul 2023 - At the closing bell, the S&P/ASX 200 was 0.2 per cent lower at 7,283.80, marking the second consecutive day of losses.

ASX down 0.47% at noon as RBA indicates further rate hikes are possible

18 Jul 2023 - The Reserve Bank released minutes from its July 6 policy meeting, indicating the possibility of further rate increases depending on upcoming data, including inflation…

Stocks brace for earnings reports from global giants this week

18 Jul 2023 - Stocks were higher Monday as Wall Street braced for quarterly reports from some of the biggest companies in the world.

ASX closes 0.06% lower: Global oil prices fall

17 Jul 2023 - At the closing bell, the S&P/ASX 200 was 0.06 per cent lower at 7,298.50. Among the 11 industry groups, four of them recorded declines.

ASX down 0.01% at noon: Bond yields slightly higher

17 Jul 2023 - At noon, the S&P/ASX 200 is 0.01 per cent lower at 7,303.00. Bond yields rose slightly, indicating a higher probability of an August interest rate hike by the RBA.

Dow Jones surges on strong earnings kickoff

17 Jul 2023 - The Dow Jones Industrial Average climbed Friday as strong earnings results from some of the biggest banks and companies kicked off earnings season.

ASX up 0.66% at noon as ASIC proposes advisory group for CHESS

14 Jul 2023 - ASIC plans to establish a stakeholder advisory group to oversee ASX's troubled CHESS replacement project, which ASX supports and sees as a means to enhance transparen…

Stocks extend gains on better-than-expected PPI data

14 Jul 2023 - Stocks rose Thursday after June’s producer price index report rose less than anticipated, building upon optimism from Wednesday’s consumer price index data. The PPI r…

ASX surges 1.66% on strong performance from gold miners

13 Jul 2023 - At the closing bell, the S&P/ASX 200 was 1.66 per cent or 118.50 points higher at 7,254.20, marking its third consecutive day of gains.

ASX up 1.26% higher at noon: Gold miners experience surge

13 Jul 2023 - At noon, gold miners experienced a significant surge in value as traders revised their expectations for risk-free rates due to cooling US inflation and a decline in b…

US stocks rise after CPI data comes in cooler than expected

13 Jul 2023 - Stocks rose overnight after new data raised hope that the Federal Reserve can bring down inflation without pushing the US economy into a recession.

ASX closes 0.38% higher: Energy stocks outperform as oil prices lift

12 Jul 2023 - At the closing bell, the S&P/ASX 200 was 0.38 per cent higher at 7,135.70.

Afternoon Update: RBA says further tightening is possible

12 Jul 2023 - The Reserve Bank of New Zealand has maintained interest rates at 5.5 per cent for the second consecutive meeting, citing the need to control inflation and support emp…

ASX up 0.46% at noon as RBNZ keeps rates unchanged

12 Jul 2023 - The Reserve Bank of New Zealand has decided to keep interest rates unchanged at 5.50 percent, aligning with expectations from analysts. This decision reflects the cen…

Major US indexes rise as investors await CPI and PPI reports

12 Jul 2023 - Major US indexes rose Tuesday, a day after the major averages snapped a three-session decline, as traders await the June consumer price index report set for release o…

ASX closes 1.5 per cent higher ahead of US CPI data

11 Jul 2023 - At the closing bell, the S&P/ASX 200 was 1.5 per cent higher at 7,108.90, experiencing a strong rebound ahead of US CPI data, boosted by offshore gains and hints of i…

All sectors higher: ASX up 0.97% at noon

11 Jul 2023 - Australia's share market is on track to break a four-day losing streak, with the S&P/ASX 200 index rising 0.97 per cent higher to 7,071.90 at noon. All sectors are ex…

Major US indexes rise as investors await key inflation data

11 Jul 2023 - The Dow Jones Industrial Average rose Monday as Wall Street tried to recover from a losing week. The positive reversal came as investors prepared for a slate of infla…

ASX closes 0.54 per cent lower as Chinas inflation data falls to zero

10 Jul 2023 - The ASX declined further as weak consumer inflation data from China contributed to ongoing losses, with the benchmark S&P/ASX 200 index falling 0.54 per cent at 7,004…

ASX up 0.11% at noon as the price of oil stablises

10 Jul 2023 - Oil stabilises as Saudi Arabia and Russia commit to supply cuts, while the market faces challenges from China's economic slowdown, central banks' tightening policies,…

Stocks close lower amid investor concerns of imminent Fed rate hikes

10 Jul 2023 - Stocks fell on Friday, and finished lower for the week, as Wall Street struggled to shake off fears that the Federal Reserve may start hiking rates again later this m…

Morning Report: US stocks fall after better-than-expected jobs data

07 Jul 2023 - Better-than-expected jobs data increased investors’ anxiety around the state of the economy and the path of interest rates.

ASX closed 1.24 per cent lower as Aus dollar falls

06 Jul 2023 - The Australian dollar briefly dropped 0.6 per cent to a low of US66.34 against the US dollar as sentiment continues to deteriorate across Asian markets.

ABS reports trade surplus: ASX down 1.05% at noon

06 Jul 2023 - Australia recorded a trade surplus of $11.8 billion in May, with strong commodity prices contributing to the boost in the economy.

Morning Report: Fed indicates further rate hikes ahead

06 Jul 2023 - The Dow Jones Industrial Average slid on Wednesday as Wall Street digested the Fed meeting minutes for insights into monetary policy.

Prior Page Next Page