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Annual GDP misses forecasts: ASX down 0.81% at noon

07 Dec 2022 - The local bourse is continuing its losing streak after major US indexes fell overnight, with recession concerns continuing to weigh on markets. At noon, the S&P/ASX 2…

Markets tumble as Biden's Inflation Reduction Act shakes up global EV industry

07 Dec 2022 - Stocks tumbled Tuesday, building on the previous session’s losses, as fears of a recession gripped Wall Street. In Europe there is growing frustration over the Biden …

Shares dive following rate hike: ASX closes 0.5% lower

06 Dec 2022 - The ASX has closed 0.47 per cent lower after the Reserve Bank of Australia delivered its eighth interest rate hike in a row, lifting the cash rate 25 basis higher to …

Local market awaits RBA rate decision: ASX falls 0.17% at noon

06 Dec 2022 - The Australian market has followed Wall Street’s negative lead overnight after US markets sold off on fears that the Fed will keep increasing interest rates. Also wei…

Hotter than expected US data fuels rate concerns: Oil price becoming a geopolitical football

06 Dec 2022 - Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession. While the war in Ukraine grinds on, Western…

Relaxation of Chinese Covid-19 restrictions: Aus shares close 0.3% higher

05 Dec 2022 - As a result of news that China will relax Covid-19 restrictions, commodities have seen an increase in their prices, resulting in Energy and Materials finishing the da…

Materials holding up market: ASX up 0.28% at noon

05 Dec 2022 - Materials are holding up the market as iron ore continued its rally over the US$100 a tonne mark, boosted by speculation that China is moving forward towards further …

US labour data resilient, as consumers spend their savings to fight inflation

05 Dec 2022 - Stocks cut much of their earlier losses Friday as investors looked past hotter-than-expected labour data to the upcoming Federal Reserve meeting. And it appears consu…

ASX down 0.66% at noon after a moderate week of trading

02 Dec 2022 - Energy and Real Estate are down almost 2 per cent at noon, followed by Materials, which is down by 0.61 per cent.

Falling $US sees commodity price rises: All eyes on Friday's job data

02 Dec 2022 - The Dow Jones fell Thursday, relinquishing some of the big gains seen in the prior session as investors awaited jobs data coming Friday that could determine the pace …

Almost all sectors higher: Aus shares close up 1%

01 Dec 2022 - Eight out of the eleven sectors have finished higher today, with big results from Materials, Utilities and Communication Services, whilst the sectors that were in the…

ASX opens to 7-month high after Powell's positive news: Aus shares up 0.8%

01 Dec 2022 - The ASX has reacted positively to overnight news from the Federal Reserve. Chair Jerome Powell has confirmed the central bank will slow the pace of interest rate rise…

Stocks fly as Fed Reserve suggests rate hikes to slow

01 Dec 2022 - Stocks climbed Wednesday as Federal Reserve Chair Jerome Powell confirmed that the central bank will slow the pace of its aggressive rate-hiking campaign that has wei…

Sixth day of gains in seven days: Aus shares close 0.4% higher

30 Nov 2022 - The ASX finished higher following the release of better-than-expected October CPI data.

October inflation data lower than expected: ASX 0.24% higher at noon

30 Nov 2022 - The Consumer Price Index (CPI) indicator is 6.9 per cent higher, 0.4 per cent lower than the September figure. Whilst the figure shows a decline, it is important to n…

Musk picks a fight with Apple: Chinese tech outperforms

30 Nov 2022 - Stocks fell Tuesday as traders struggled to recover from losses suffered in the previous session and looked ahead to more economic data. Elon Musk has been active on …

Iron ore climbs to highest price since September: ASX closes 0.3% higher

29 Nov 2022 - Singaporean iron ore futures have soared above the US$100 per tonne for the first time since September, resulting in gains for ASX-listed iron ore companies.

Chinese protests over lockdowns continue: Aus shares 0.07% lower at noon

29 Nov 2022 - The global economic outlook is shaky, as growing protests in the world's largest manufacturing nation are creating a new level of uncertainty for the economy.

Unprecedented Chinese protests remove bullish reopening narrative from markets

29 Nov 2022 - Stocks fell Monday as social unrest from China's prolonged Covid restrictions weighed on markets. Protests across China over the country's strict zero-Covid policies …

Oil falls to lowest price since 2021: ASX closes 0.42% lower

28 Nov 2022 - Amidst the ongoing tensions arising from the continuation of China’s lockdowns from their recent COVID surge, oil has fallen to its lowest point since December 2021, …

China's lockdown rampage causes lower start to ASX

28 Nov 2022 - China’s persistent lockdowns have caused commodity prices and futures to fall.

China's continued Covid lockdown impacting oil and commodity prices, as Chinese protest

28 Nov 2022 - The Dow Jones Industrial Average rose Friday, notching a gain during the holiday-shortened trading week. Worries about continued lockdowns in China kept markets in ch…

Lithium stocks falling, Critical Minerals Summit commencing: ASX up 0.29% at noon

25 Nov 2022 - The S&P/ASX 200 is 0.29 per cent or 20.70 points higher at 7262.50 at noon. It is a bleak end to the week for the lithium sector, with many of its players down substa…

ASX finishes 0.14% higher after a choppy day of trading

24 Nov 2022 - Sectors were mixed today, with Information Technology and Materials leading the day, whilst, on the opposite end, Energy and Consumer Staples were the day's worst per…

ASX hits 6-month high amidst news the Fed is slowing down interest rate hikes

24 Nov 2022 - The ASX has opened slightly higher on the back of the news that the Federal Reserve is looking to give out smaller rate hikes as inflation is slowing down.

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