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RBA hikes cash rate by 50bp, Energy and tech gains: ASX closes 0.3% higher

05 Jul 2022 - Australian shares held on to their gains after the Reserve Bank of Australia reaffirmed its pledge to keep tightening monetary policy, joining other global central ba…

RBA lifts cash rate to 1.35%, ASX is up 0.6% led by energy stocks

05 Jul 2022 - The Reserve Bank of Australia has raised the official cash rate by 0.5% which was expected at its July meeting to 1.35%. This is the third meeting in a row where a ra…

All eyes on commodity prices as interest rate hikes bite: Aus shares to open flat

05 Jul 2022 - Looking ahead, investors are focusing on commodity pricing as a signal that rising rates may be having an immediate effect on commodities -- long considered the ideal…

Energy surges on Monday's session: ASX closes 1.1% higher

04 Jul 2022 - The ASX had a strong start to the week after all sectors finished Monday’s session in positive territory. Energy led the pack, up 2.6%, followed by real estate, consu…

Property sector leads broad-based rally: ASX jumps 1.1% at noon

04 Jul 2022 - The Australian sharemarket has jumped this morning in a broad-rally led by property, then communication services, healthcare and utilities. At noon, the S&P/ASX 200 i…

Analysts still bullish despite recession fears: Aus shares to open higher

04 Jul 2022 - Accelerated monetary policy tightening has doubled recession odds, says Morgan Stanley this week, noting that most economic models now suggest that the probability o…

Energy and miners drag ASX lower, down 0.6% over the week

01 Jul 2022 - The Australian sharemarket faded into the close, weighed down by US equity futures in a risk-off afternoon. The greenback rose against the Australian dollar, which h…

Mild gains as ASX starts new financial year, up 0.5% at noon

01 Jul 2022 - The Australian sharemarket has started the new financial year with a positive start after closing off its worst month since March 2020.

IPO market hit by market volatility, Bitcoin losses continue

01 Jul 2022 - In the IPO market rising interest rates, increased regulatory scrutiny and the stock market’s worst first half in 50 years are squeezing the IPO. market in a way that…

Worst day in 2-weeks on the ASX, falls 2%, down 10% for the FY22

30 Jun 2022 - The Australian sharemarket closed at session lows and had its worst day in two weeks in a broad-based rout.

Energy stocks retreat as ASX falls for 2nd day, down 0.8% at noon

30 Jun 2022 - The ASX 200 has fallen for a 2nd day and is on track to have its worst month since March 2020.

US consumers about to be hit hard

30 Jun 2022 - While housing does not account for a huge amount of economic output, it is a boom-bust industry that has historically played an outsize role in downturns. The sector …

ASX snaps four-day winning streak, closes 0.9% lower

29 Jun 2022 -The Australian sharemarket snapped its four-day winning streak although gains in energy, financials and consumer staples helped minimise the fall. At the closing bell,…

Liontown soars, Tyro CEO steps down: ASX falls 1.3% on fear of economic growth slowdown at noon

29 Jun 2022 - The rout in Australian shares have continued to deepen in a broad-based sell-off led by interest rate sensitive sectors, including listed property and information tec…

As earnings risks emerge, can the energy sector continue to thrive?

29 Jun 2022 - With the energy sector forecast to post the strongest earnings growth of any of the main industry groups both in the US and globally, the emerging conflict is that ne…

ASX firmly posts fourth consecutive day of gains: Aus shares close 0.9% higher

28 Jun 2022 - The Australian share market has closed higher in Tuesday trading, extending momentum from the previous session on the back of gains in energy, mining and utility stoc…

Listless session on Wall Street: Aus shares 0.2% higher at noon

28 Jun 2022 - Australian shares have managed a small gain in a very quiet trading session on Tuesday following a listless Monday session on Wall Street. Bond markets are mixed with…

Australian market expected to outperform as inflation concerns turn to earnings revisions

28 Jun 2022 - As a 'value' market with roughly 50% of market cap in value sectors like banks, miners and energy, Australia may continue to show some outperformance in relative term…

Best day since January: ASX closes 1.9% higher in broad rally

27 Jun 2022 - The Australian sharemarket had its best day since January after the ASX 200 jumped in a broad rally that lifted all eleven sectors. Financials and energy led the pack…

Lithium miners extend rally, Imugene soars on positive data: ASX up 1.7% at noon

27 Jun 2022 - The ASX has rallied this morning with all eleven sectors in the green. Materials are leading the pack, up 2.6 per cent, followed by energy, up 2.4 per cent. The secto…

Economic slowdown rather than recession fears buoys markets

27 Jun 2022 - Investors say the weakening economic data have sparked hopes that a slowdown could calm inflation, with hopes a a shift away from a very aggressive rates and inflatio…

Tech stocks and lithium miners reboot ASX, closes up 1.6% over the week

24 Jun 2022 - The Australian sharemarket posted its first two straight days of gains for the month and its best week since March 18, thanks to a rebound in technology and lithium s…

Rally in lithium miners and tech stocks, Energy weakness continues: ASX up 0.3% at noon

24 Jun 2022 - Australian technology shares have rebounded after the jump from the tech-heavy Nasdaq, and lithium stocks have come back with a fury. Energy is leading the fall, whil…

Nasdaq gains, Iron ore jumps 6%, Diverger, Centrepoint Alliance, Qantas on watch: ASX to open flat

24 Jun 2022 - Wall St jumps, gold slips, copper tumbles to a 16-month low while nymex crude is now off 14.6% from its recent peak on June 8. What to look out for on the ASX today.

REITS, healthcare rally as iron ore miners retreat: ASX closes 0.3% higher

23 Jun 2022 - Australian shares closed higher for the 2nd time this week despite investors' angst growing around the prospect of a slowdown in economic growth.

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