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ASX falls 0.5% at noon after wage growth forecasts miss targets

22 Feb 2023 - Underwhelming wage growth and disappointing results from US markets caused the S&P/ASX 200 to sink 0.49 per cent lower to 7,300.20 at noon.

US stocks get battered as rates continue to pressure market sentiment

22 Feb 2023 - US stocks dropped Tuesday as higher rates continue to pressure market sentiment, and the latest batch of retail earnings raised concern about the state of the consume…

Information Technology, Communication Services drag ASX 0.21% lower at close

21 Feb 2023 - The ASX continued on an upswing from lunch. However, it was not enough to lift the ASX higher. Overall, at the closing bell, the S&P/ASX 200 was 0.21 per cent lower a…

ASX 0.68% lower at noon as the RBA considers 0.5% rise

21 Feb 2023 - The Reserve Bank of Australia considered raising the cash rate by 0.5 percentage points due to concerns that high inflation may persist, leading to higher interest ra…

US markets closed: YTD figures are currently strong

21 Feb 2023 - Overnight, the US stock and bond markets were closed, on account of Presidents' Day. We thought we'd update you on where markets stand calendar year to date. YTD, the…

ASX rebounds from earlier losses to gain 0.06% at close

20 Feb 2023 - At the closing bell, the S&P/ASX 200 was 0.06 per cent higher at 7,351.50, on the back of a strong performance from big banks, which closed almost 1 per cent higher.

ASX down 0.15% at lunchtime as it falls to a 5-month low

20 Feb 2023 - ASX is 0.15% lower at noon, weighed down by Energy and Real Estate stocks. On the other end, Financials is the biggest winner, as the majority of the big banks are al…

US markets were mixed as investors digest a rebound in interest rates

20 Feb 2023 - US stocks were mixed on Friday as stubbornly high inflation and a rebound in rates continued to weigh on investor sentiment. The recent strong economic/inflation data…

Another weekly loss: Aus shares close 0.68% lower

17 Feb 2023 - The ASX suffered more losses following on from lunchtime, closing 0.86 per cent lower at 7,346.80.

ASX down 0.58% after disappointing PPI figures from the US

17 Feb 2023 - Only Consumer Staples and Utilities are trading positive at noon, as the S&P/ASX 200 is 0.58 per cent lower at 7,367.60 at noon. In addition, The Producer Price Index…

US stocks fall on PPI data, lithium deal affects ASX's Sayona Mining

17 Feb 2023 - Stocks fell Thursday after another hot inflation report, and a decline in jobless claims, showed the economy is holding up amid the Federal Reserve’s rate hikes. The …

Big moves by key sectors lift ASX 0.79% higher at close

16 Feb 2023 - ANZ has increased its forecast for the Reserve Bank cash rate to 4.1 per cent for May due to inflation pressures. It believes the cash rate will remain in restrictive…

ASX up 0.76% at noon as the Australian economy loses fewer jobs than anticipated

16 Feb 2023 - The ASX has responded strongly to the overnight news that US investors have mulled stronger-than-expected retail sales and the latest US inflation data. In addition, …

US stocks boosted as investors digest stronger-than-expected retail sales data

16 Feb 2023 - Stocks ticked higher Wednesday as traders mulled stronger-than-expected retail sales along with the latest US inflation data. Later this week, traders will also be li…

Late upswing not enough to recoup earlier losses: ASX closes 1.1% lower

15 Feb 2023 - Sectors were mostly lower, with Financials falling even further since noon, to close down more by 3.4 per cent. Utilities closed higher 1.1 per cent higher, following…

ASX down 0.91% at noon following US CPI data

15 Feb 2023 - The ASX 200 headed directly downward from the open, after overnight news that CPI data came in higher than expected. At noon, the S&P/ASX 200 is 0.91 per cent lower a…

S&P 500 falls after higher-than-expected CPI data

15 Feb 2023 - Stocks wavered Tuesday and the Dow fell, reversing earlier gains, after the January consumer price index report showed that inflation grew at a higher-than-expected 6…

ASX closes 0.18% higher ahead of Wall Streets CPI data

14 Feb 2023 - Blurb

Healthcare pushes ASX 0.4% higher at noon

14 Feb 2023 - On the back of gains from Communication Services, Information Technology and Healthcare, at noon, the S&P/ASX 200 is 0.40% higher at 7,447.3.

Markets rise as Super Bowl advertisements highlight changing market dynamics

14 Feb 2023 - Stocks rose Monday as traders looked ahead to Tuesday’s key inflation report, regaining their footing after the S&P 500 and Nasdaq Composite suffered their worst week…

Energy's efforts are not enough to lift the ASX

13 Feb 2023 - The ASX 200 index fell by 0.2 per cent to 7417.8 today, due to a decrease in the consumer discretionary sector. However, Energy closed 1.78 per cent higher as Russia …

ASX opens lower following the S&P500's worst week in 2 months

13 Feb 2023 - So far, the energy sector is showing the strongest performance, driven by a surge in oil prices following Russia's announcement to decrease its daily oil production b…

S&P 500 closes worst week in two months: All eyes await January's CPI data

13 Feb 2023 - The S&P 500 eked out a narrow gain in Friday’s session but still had the worst week in nearly two months. Investors digested the most recent interest rate hike, econo…

ASX closes 0.8% lower as UBS lift their cash rate peak forecast

10 Feb 2023 - UBS Chief Economist George Tharenou has revised his peak cash rate forecast to 3.85 per cent in mid-2023, up from a previous forecast of 3.35 per cent in mid-February…

ASX down despite RBA comments that inflation has likely peaked

10 Feb 2023 - The Reserve Bank of Australia has revised its inflation forecasts, stating that the rapidly rising prices in the country have probably peaked. The central bank upgrad…

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