2h agoMon 23 Jun 2025 at 6:14am Market snapshot ASX 200: -0.4% to 8,475points (live values below) Australian dollar: -0.6% to 64.13 US cents Asia: Nikkei -0.1%, Hang Seng +0.4%, Shanghai +0.1% Wall Street (Friday): Dow +0.1%, S&P 500 -0.2%, Nasdaq -0.4% Europe (Friday): DAX +1.3%, FTSE -0.2%, Eurostoxx +0.7% Spot gold: -0.3% at $US3,359/ounce…
Markets surged midweek after President Trump said he had “no intention” of removing Federal Reserve Chair Jerome Powell. The comment, made late Tuesday, appeared to ease investor anxiety over leadership stability at the Fed and added to hopes that the trade conflict with China might soon cool off. What to Know: Trump’s assurance on Powell…
Tensions between the world’s two largest economies are climbing again as President Trump threatens to slap an additional 50% tariff on Chinese goods. In response, Chinese President Xi Jinping has taken a hardline stance, with Beijing accusing Washington of “blackmail” and pledging to “fight to the end.” The high-stakes standoff is fueling fears of a…
Australian shares suffered their biggest one-day fall since COVID-19, as Donald Trump described the market turmoil as “medicine”. After a wipe-out on Wall Street on Friday (US time), US stock market futures pointed to further falls when American markets reopen on Monday, setting the tone for heavy selling during Australian and Asian trade. The ASX…
59m agoMon 31 Mar 2025 at 8:24pm Market snapshot Australian dollar: Flat at 63.02 US cents ASX 200 futures: +0.9% to 7,944 points S&P 500: +0.6% to 5,611 points Nasdaq: -0.1% to 17,299 points Dow Jones: +1% to 42,001 points FTSE: -0.8% to 8,582 points EuroStoxx: -1.5% to 533 points Spot gold: +1.4% to $US3,157/ounce…
2h agoMon 10 Mar 2025 at 8:47pm Market snapshot ASX 200 futures: -0.9% to 7,895 points Australian dollar: -0.5% to 62.75US cents S&P 500: -2.7% to 5,614 points Nasdaq: -4% to 17,468 points FTSE: -0.9% to 8,600 points EuroStoxx: -1.3% to 546 points Spot gold: -0.8% to $US2,888/ounce Brent crude: -1.6% to $US69.22/barrel Iron ore:…
Just nowMon 25 Nov 2024 at 9:07pm Petrol falls 4.5c at the bowser in past week Falling global oil prices are making it to the pump. Last week the average retail price of a litre of unleaded fuel, averaged nationally, was 173.0-cents, down from 177.5-cents a week earlier. The average for the past 12-months has…
5m agoSun 17 Nov 2024 at 8:54pm A frantic final sitting fortnight for Labor It’s going to be a busy fortnight for the government as it tries to clear the legislative logjam before parliament rises for the year. So what does a successful fortnight look like for Treasurer Jim Chalmers? “For me, there is a…
Reducing the debt of China’s beggared local governments by CNY (yuan)12 trillion ($2.6 trillion) in less than five years sounds impressive but it has been met with serious disappointment by those on the outside looking in – investors, commodity traders and a large chunk of the commentariat. Certainly, investors on the ASX were disappointed and…