The ASX jumped 1.2% for its best day of the financial year so far, with Santos lifting on the news that it could receive a takeover bid from the Middle East.See omnystudio.com/listener for privacy information.
The ASX 200 finished higher, with retail sales and building approvals both leaping in the monthly figures out of the ABS.See omnystudio.com/listener for privacy information.
The Australian share market fell on losses in the tech sector, but could a range of political movements in big economies play with the state of trade?See omnystudio.com/listener for privacy information.
The ASX 200 plunged 1.4% at the start of the day, but rallied through the afternoon to limit the losses on the bourse.See omnystudio.com/listener for privacy information.
Headline inflation rose to 4.0% in the 12 months to May, increasing the likelihood that the Reserve Bank will move interest rates higher at its next meeting.See omnystudio.com/listener for privacy information.
The Australian share market lifted by 1.4% today led by energy stocks, while profit-taking and concerns on Nvidia sees the behemoth suffer the worst three-day loss of value in history.See omnystudio.com/listener for privacy information.
The ASX started the week in the red, with health stocks being hurt by a drop of 13% by sleep apnea leader Resmed.See omnystudio.com/listener for privacy information.
Adding some spice to the share market today was Mexican fast food company Guzman y Gomez, and investors were licking their lips.See omnystudio.com/listener for privacy information.
Peter Dutton will take a plan to build seven nuclear reactors to the next election, but there are concerns of the costs involved.See omnystudio.com/listener for privacy information.
The ASX rallied more than 1% today and wasn't put off by sentiment around interest rates that could mean more hikes are on the way.See omnystudio.com/listener for privacy information.
US inflation moderated, and the FOMC left rates on hold, while the Australian unemployment rate fell again to 4.0%.See omnystudio.com/listener for privacy information.
The ASX 200 finished down another half a percent, with a jump in the oil price helping the Energy sector to buck the trend.See omnystudio.com/listener for privacy information.
Falls in the price of gold & Iron ore didn't help get the ASX off to a good start in a shortened week, while Bain makes its move for BapcorSee omnystudio.com/listener for privacy information.
Rate cuts were on the agenda for the Bank of Canada overnight, went sent global markets into a frenzy of positive action.See omnystudio.com/listener for privacy information.
Australian GDP dropped to growth of just 0.1% across the March quarter, signalling major pains in the economy.See omnystudio.com/listener for privacy information.
Falls in the price of both oil and iron ore was always going to hit the ASX hard, with Energy & Materials the weakest sectors today.See omnystudio.com/listener for privacy information.
OPEC+ will commit to keeping production cuts in place as it seeks to balance the price of the commodity with revenue concerns.See omnystudio.com/listener for privacy information.
BHP has failed in its bid for British resources company Anglo American, with the two parties unable to reach an agreement before last night's deadline.See omnystudio.com/listener for privacy information.
The Australian share market fell by 1.3% after the monthly inflation figure suggested that fiscal & monetary policy might have a lot more work to do to hit the 2-3% target range.See omnystudio.com/listener for privacy information.
Consumers are cutting back, with retail figures softening yet again and discretionary stocks tumbling on the ASX.See omnystudio.com/listener for privacy information.
A third offer by BHP for Anglo American has been rejected, but the door has been left open for a deal still to be done, with a one-week extension given.See omnystudio.com/listener for privacy information.
Despite Wall Street breaking more record ground, the Australian share market finished flat, but still threatens to go higher.See omnystudio.com/listener for privacy information.