Yesterday
Iron ore tipped to fall below $US80, forcing mine closures
Bank of America cautioned that the price of Australia’s key export could slump more than 10 per cent, which would force a new wave of miners to exit the market.
- Alex Gluyas
ASX to fall, Wall St slips as dust settles on Fed decision
ASX futures were lower. US stocks closed lower after Jerome Powell dashed hopes for an aggressive rate-cutting cycle.
- Updated
- Timothy Moore
This Month
ASX to fall, S&P 500 wavers after resetting record high
Australian shares are set to open lower in line with overseas investors heading to the sidelines pending the Fed’s rate decision early Thursday AEST.
- Updated
- Timothy Moore
- Opinion
- Chanticleer
Bonds and oil scream ‘recession’. Will stocks start to care?
Australian and US equity markets keep making fresh record highs, ignoring violent and unusual moves in bonds and commodities. Someone has to be wrong.
- James Thomson
ASX to rise, Apple drags Nasdaq down
Australian shares are set to open higher. Dow resets intraday record high. Techs lag as Fed rate debate rages. Slow start iPhone pre-orders. Bitcoin struggles.
- Timothy Moore
Dow rallies on renewed hopes for half-point rate cut
All three US benchmarks were higher after traders repositioned their bets on how aggressive Fed policymakers might be when they meet next week.
- Updated
- Timothy Moore
Traders gear up for commodity rally as supply shocks rock markets
Australian miners notched their best week so far this year as investors rush back to the beaten-up sector in hopes the commodities comeback is just beginning.
- Alex Gluyas
ASX to rise, Nvidia helps extend tech rebound
Australian shares are set to open higher. Nasdaq paced an advance in all three US benchmarks. Oil rebounds. Bitcoin retakes $US58,000.
- Updated
- Timothy Moore
ASX to rise, Nvidia’s 8pc surge helps offset dashed rate cut hopes
Australian shares are set to open higher. Nasdaq rallies 2.2pc, S&P 500 climbs 1.1pc. US August CPI data points to more gradual rate-cutting cycle. Iron ore rebounds.
- Updated
- Timothy Moore
Lithium stocks roar back as short sellers scramble on mine closure
Some of the sharemarket’s most shorted lithium stocks surged after reports that a major project has been suspended in China, which could be a boon for prices.
- Alex Gluyas
ASX to edge up, tech rebound offsets Wall St bank woes
Australian futures reversed earlier losses. Oracle rallied on its results, lifting the Nasdaq and S&P 500. Oil plunged anew. US August CPI pending.
- Updated
- Timothy Moore
ASX to rise, US stocks find some buyers
Australian shares are set to open higher. The Dow paced a modest buy-the-dip rally in New York. Apple lags as new iPhone detailed. Bitcoin rebounds.
- Timothy Moore
Iron ore drops below $US90 as China ‘contagion’ batters commodities
The growing risk of a US recession has compounded anxiety about China’s property crisis, escalating a collapse in raw material prices.
- Alex Gluyas
Nasdaq sheds 5.8pc on week amid rising outlook worries
The megacap techs paced losses after August’s moderate jobs data miss further frayed nerves, stoking concerns the Fed has waited too long to cut rates.
- Updated
- Timothy Moore
ASX to edge higher, S&P 500 lower as jobs data awaited
Australian shares are set to edge up, reversing earlier losses. US equities were mixed as the debate over how much the Fed should cut rates this month raged.
- Updated
- Timothy Moore
ASX to edge up, S&P 500 slips amid rate cut debate
Australian shares are set to open modestly higher. US stocks drifted lower as Friday’s August payrolls report is awaited. Oil extends losses.
- Updated
- Timothy Moore
ASX to drop, Nvidia sell-off paces Wall St slide, oil plunges
Australian shares are set to plunge more than 1pc amid heavy selling in New York as manufacturing weakness renewed outlook worries. Volatility spikes.
- Updated
- Timothy Moore
ASX to edge modestly higher, iron ore slumps
Australian shares are set for a muted start. European stocks close little changed. Bitcoin hovers at $US58,000. US equities seen extending year-to-date rally.
- Timothy Moore
August
S&P 500 rises after data confirms inflation cooling
The US benchmark spiked higher in the final 10 minutes of the session, lifting its gain for the month of August to 2.3 per cent.
- Updated
- Timothy Moore
ASX to rise, Wall St pares early advance, Nvidia drops
Australian shares are set to open higher. S&P 500 gives up gains in choppy session. Australia July retail sales ahead. Bitcoin at $US59,000.
- Updated
- Timothy Moore
