Yesterday
ASX to lift; Traders now turn to key US jobs data
Australian shares are poised to rise as tech stocks drove higher ahead of Apple’s earnings. Traders are also gearing up for the US jobs report tonight.
This Month
ASX to lift; Powell says rate increase is ‘unlikely’ as Fed holds
Australian shares are poised to rise after the Federal Reserve held interest rates unchanged.
ASX to drop as hot US labour data sinks Wall Street; Oil falls
Australian shares are poised to fall as Wall Street took a sharp turn towards a monthly loss on hotter than expected labour costs data.
April
ASX to open flat; Wall Street picks up with Fed in focus
Australian shares are poised to open flat as Wall Street picks up with traders looking ahead to the US Federal Reserve’s rates decision meeting this week.
ASX to drop; Wall Street falters on US economic data
The ASX is set to drop as Wall Street took fright after US economic data revealed “the worst of both worlds” - a slowdown in the economy and inflationary pressure.
Wall Street drifts after hot streak, Tesla soars; ASX closed
Wall Street is drifting after a two-day hot streak with car maker Tesla surging but other tech stocks mixed. The ASX is closed for Anzac Day.
- Natasha Rudra
ASX to rise; Inflation figures in focus
Australian shares are poised to rise as Wall Street continues to rebound on the strength of the tech megacaps and the ASX looks to March CPI figures.
ASX to lift as Wall Street jumps ahead of big earnings week
Australian shares are poised to rise as Wall Street shrugged off a $US2 trillion sell-off with the S&P breaching 5000 points and the Magnificent Seven megacaps set to report this week.
ASX to fall as rate cut hopes fade further
US jobless figures held steady overnight, adding to the week’s positive reports on the health of the world’s biggest economy.
- Updated
- Andrew Hobbs
ASX to rise as focus swings to employment data
Wall Street’s main indexes fluctuated with chip stocks among the biggest losers. Expectations are for Australian unemployment to pick back up to 3.9 per cent.
- Updated
- Andrew Hobbs
ASX to slip as Powell confirms delay in rate cuts
If inflation pressures persist in the US, the Federal Reserve can keep rates steady for “as long as needed,” Jerome Powell said.
- Updated
- Andrew Hobbs
ASX to drop as shock jump in US spending weakens case for rate cuts
Much stronger than expected retail sales in the US diminished the likelihood of interest rate cuts. Threat of Israeli retaliation boosts gold to near record.
- Updated
- Andrew Hobbs
ASX to fall as Fed officials highlight ‘need for patience’
Federal Reserve Bank of Boston President Susan Collins and New York Fed President John Williams said it may take more time to gain confidence to begin easing rates.
- Updated
- Andrew Hobbs
ASX to fall after shock US inflation data; $A slumps
Wall Street’s main stock indexes tumbled and US Treasury 10-year yields jumped after the stronger-than-expected US inflation data.
- Updated
- Andrew Hobbs
ASX to rise as gold hits record; Fed’s Bostic sees just one rate cut
US shares steadied and Treasury yields dropped from a more than 4-month high in the last trading day before key US inflation data.
- Updated
- Andrew Hobbs
ASX poised to rise as US Treasury yields reach year highs
Market focus is firmly on interest rates before the release of key data this week as Wall Street’s biggest bull raises his yearend forecast by 900 points.
- Updated
- Andrew Hobbs
Wall St extends rally after stronger-than-expected jobs data
All three US benchmarks closed higher as traders opted to focus on the economy’s strength, rather than the fading probability of a June rate cut.
- Updated
- Timothy Moore
ASX to fall; US rally wiped out by rate comment, oil spike
Australian shares are set to drop in line with New York. Dow sheds 530 points. Oil rises above $US90 a barrel. Kashkari tips possibility of no 2024 rate cuts.
- Updated
- Timothy Moore
ASX to rise, S&P 500 stumbles late
Australian shares are set to open higher. All three US benchmarks reversed earlier gains. Gold reaches $US2300/ounce; oil near $US90/barrel.
- Updated
- Timothy Moore
ASX to fall as US data points to higher-for-longer rates
Australian shares are set to open lower, tracking losses on Wall St which sees fading prospects for a pivot to rate cuts. Oil rises. Gold resets record high.
- Updated
- Timothy Moore
