Equity benchmarks closed last week on a subdued note, ending with modest losses amid heightened volatility Stock markets will be driven by further developments on the US–China tariff war front along with quarterly earnings announcements from IT majors Wipro and Infosys in a holiday-shortened week, analysts said. Global market trends and trading activity of foreign…
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…
New Delhi [India], April 7 (ANI): Asian stock markets witnessed a major sell-off on Monday after US President Donald Trump announced a new round of tariffs. The markets opened with heavy selling pressure, reflecting growing fears over the impact of the tariffs on global trade and economic growth. Japan’s Nikkei 225 index dropped sharply by…
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…
There is a real possibility the world’s biggest economy is heading toward a recession and it is threatening to drag the world’s biggest share market into a crash. Justin Wolfers, a professor of economics and public policy at the University of Michigan, is concerned US President Donald Trump’s “chaotic” tariff policy is hurting business confidence…
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…
The Indian markets are shut on account of Assembly Elections in Maharashtra but globally its a positive day of trade. Asian markets have opened higher and US too closed in the green after a volatile session on Tuesday. Investors are looking forward to appointments by US President-elect Donald Trump Meanwhile, oil prices saw a modest…
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…