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ASX 0.66% lower at noon after a tumultuous week of trading

16 Dec 2022 - All sectors, besides Energy and Materials are lower. The he S&P/ASX 200 is 0.66 per cent or 48 points lower at 7,157.00.

Retail sales point to recession fears: Goldman Sachs expects commodities to outperform

16 Dec 2022 - Stocks fell sharply Thursday after new data showed retail sales fell more than expected in November, raising fears that the Federal Reserve’s relentless interest rate…

Lithium stocks dive: ASX closes 0.64% lower

15 Dec 2022 - The overnight Federal Reserve interest rate hike, coupled with peak lithium prices, have created a sell-off in the lithium sector.

ASX falls following the Fed's rate hike: ASX down 0.2% at noon

15 Dec 2022 - Overnight, The Federal Reserve has raised interest rates by 0.5 per cent to its highest level in 15 years, highlighting that the fight against inflation is not over d…

Markets slid as Rio Tinto targets lithium

15 Dec 2022 - Stocks slid Wednesday as the Fed delivered a widely-anticipated 50 basis point rate hike at the conclusion of its December policy meeting. And Tesla shareholders are …

All sectors close higher: ASX up 0.67%

14 Dec 2022 - Utilities, Information Technology, and Energy were today’s stars of the show, as the S&P/ASX 200 finished 0.67 per cent or 48 points higher at 7,251.30.

ASX opens higher after falling inflation data: ASX up 0.03% at noon

14 Dec 2022 - The US consumer price inflation data was released in the US overnight, with results showing that inflation has eased more than expected in November to its lowest poin…

Falling inflation data supports market rally

14 Dec 2022 - Stocks rose Tuesday after the release of new US inflation data, while traders awaited a key Federal Reserve policy decision. Overnight US consumer price inflation eas…

All eyes await tomorrow's US CPI data: ASX closes 0.31% higher

13 Dec 2022 - Big gains from Industrials, Financials and Information Technology caused the ASX to close 0.31 per cent higher in today’s trading.

FTX founder arrested in the Bahamas: ASX up 0.65% at lunch

13 Dec 2022 - The local market has bounced back this morning, following a positive lead from Wall Street overnight, with investors looking ahead to the highly anticipated Federal R…

M&A activity on the rise as markets bounce: The EU looks to Chile to secure battery minerals

13 Dec 2022 - Markets jumped Monday, clawing back some of the steep losses from the previous week, as traders looked ahead to a highly anticipated Federal Reserve meeting and new i…

Utilities gets whacked: ASX closes 0.45 per cent lower

12 Dec 2022 - The Utilities sector has finished 4 per cent lower, with the nation’s leaders putting a temporary cap on the price of coal and gas and the war in Ukraine continuing t…

Gas stocks weighing down the market: ASX 0.57% lower at lunch

12 Dec 2022 - The local market has continued its downward trajectory after US stocks finished lower Friday, with all the major averages posting losses for the week, as investors lo…

Stocks lower as retail investors suffer heavy losses in 2022

12 Dec 2022 - Stocks finished lower Friday, with all the major averages posting losses for the week as worries persisted over continued rate hikes. Bloomberg has reported that Inve…

Markets flat after a tumultuous week of trading: ASX up 0.16% at noon

09 Dec 2022 - The Australian dollar has been boosted by a weaker US dollar and stronger commodity prices. The iron ore futures have risen to near US$110 a tonne, whilst gold future…

Continuing jobless claims catalyst for market bounce, Investor attention on next week's Fed meeting

09 Dec 2022 - Stocks rose Thursday as the S&P 500 attempted to crack a five-day losing streak and Wall Street evaluated the odds of a recession ahead. Despite the gains, stocks are…

Lithium slammed by GS, NSW close to energy deal with Federal Government: ASX closes 0.6% lower

08 Dec 2022 - Goldman Sachs have extended their bearish views on lithium, believing that the prices are expected to decline from the second half of 2023.

Lithium stocks under pressure following Goldman's comments: ASX down 0.47% at noon

08 Dec 2022 - The Australian market is still unnerved over concerns about a possible US recession. Energy is weighing down the benchmark over fears demand for oil will be impacted …

China eases COVID restrictions as markets await further economic data

08 Dec 2022 - Stocks fell in a choppy session Wednesday as traders weighed the possibility of a recession, and the likelihood of a longer-than-expected hiking cycle from the Federa…

ASX falls on big tech losses: Aus shares close 0.5% lower

07 Dec 2022 - All sectors besides Materials, which closed 0.22 per cent higher, have finished in the red, amidst the release of the news that GDP estimates fell short of expectatio…

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…

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