Today
ASX to slip, S&P 500 dips as CPI awaited
Australian shares are set to edge lower with the federal budget in focus. The Dow and S&P 500 edged down, the Nasdaq advanced with price data in focus.
- Updated
- Timothy Moore
Yesterday
- Asia
- China
China kicks off bond sale to fund stimulus
Government spending in infrastructure will be key to ensuring China achieve its growth target of about 5 per cent this year.
- Helen Sun
Rate rise still priced in despite Chalmers’ ‘optimistic’ forecasts
Bond markets are continuing to bet that the RBA will have to lift rates this year, despite new government forecasts predicting inflation will fall faster than the central bank expects.
- Updated
- Alex Gluyas
This Month
- Opinion
- Opinion
Forget the hawks, the RBA’s next rate move will be lower
In my over 20 years in financial markets, I’ve never seen such a wide dispersion of views on interest rates as we currently have in Australia – we are at a pivotal moment in monetary policy.
- Angus Coote
Dow Jones, S&P 500 edge higher
US equities ended the week with a modest advance, though the megacap techs were mixed and the Nasdaq edged down.
- Updated
- Timothy Moore
ASX to rise as Wall Street extends rally
Australian shares were set to edge higher as US equities lifted, helped in part by solid demand for the sale of 30-year government bonds.
- Timothy Moore
Investors are set to pile into Australia’s first green bond
European fund managers are backing the federal government’s plans to shed its reputation as a coal polluter, with its $7 billion bond looking well oversubscribed.
- Updated
- Cecile Lefort
ASX to slip, S&P 500 finishes little changed
Australian shares are set to open lower. Iron ore slid. The S&P 500 traded in a narrow range. Sweden cuts rate; BoE expected to hold.
- Updated
- Timothy Moore
Some fundies unconvinced the RBA is done with rate increases
Fortlake Asset Management’s Christian Baylis has joined a small number of economists who expect rates to rise, not fall. He says inflation isn’t under control.
- Cecile Lefort
ASX to rise, Wall Street rally loses momentum
Australian shares are set to edge higher, the S&P 500 extend ever so slightly its rally into a fourth day. Commodities were modestly lower.
- Updated
- Timothy Moore
Traders trim rate rise bets on patient RBA
The markets are now pricing in just a 15 chance the cash rate will rise again this year after the Reserve Bank stood pat on Tuesday.
- Updated
- Cecile Lefort
ASX to rise, Wall St extends rally into third session
Australian shares are poised to gain, bolstered by the S&P 500’s advance as investors reset their bets on US rate cuts.
- Timothy Moore
RBA’s radio silence fuels extreme rate rise bets
Traders’ bet that the RBA will lift the cash rate is fuelled by the central bank’s lack of communications since March as it undergoes sweeping reporting changes.
- Cecile Lefort
- Opinion
- Interest rates
Everyone calm down, inflation is not taking off again
The Reserve Bank should be alert to stubborn price pressures, but not alarmed.
- Updated
- Tim Hext
Economists call for tighter immigration to help RBA’s inflation war
Economists from some of the largest banks are urging the government to restrict migrant visas to help ease the housing crisis that is pushing rents and prices of goods higher.
- Updated
- Cecile Lefort
Star Entertainment debt investor tries offloading stake
At least one lender is feeling nervous after the list of executives leaving Star got bigger, and its shares fell 20 per cent in the past month.
- Jonathan Shapiro and Zoe Samios
Wall Street surges as jobs report shows hiring slowdown
Stocks are rising on Wall Street following a government report showing job growth rose modestly in April.
- Alex Veiga and Damian J. Troise
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.
Blackstone taps vast source of cash in $1.5trn credit push
Blackstone has been eagerly driving the expansion of the booming multi-trillion dollar private-debt markets. And it’s paying off.
- Dawn Lim and Silas Brown
Markets cheer after Fed chief rules out rate increases
Traders have ramped up US rate cut bets this year after the Federal Reserve kept interest rates on hold, but the prospect of higher rates in Australia this year is still on the cards.
- Cecile Lefort
