Yesterday
ASX to edge up, Wall St awaits monthly jobs data
Australian shares are set to open modestly higher in line with muted trading in New York. ECB starts cutting rates. US payrolls at 10.30pm on Friday.
- Updated
- Timothy Moore
This Month
Iron ore to plunge below $US100 into a bear market: Citi
The broker has cut its iron ore forecasts for the second time in the past month, as analysts turn increasingly pessimistic on Australia’s chief export.
- Alex Gluyas
ASX to rise, Nvidia leads megacap tech rally
Australian shares are set to open higher. S&P 500 resets all-time high. Nvidia market cap tops Apple. Bitcoin above $US71,000.
- Updated
- Timothy Moore
ASX to slip, Wall St ends modestly higher
Australian shares are set to open down. Iron ore, oil and gold retreat. S&P 500 ends up 0.2pc. Bitcoin briefly retakes $US71,000.
- Updated
- Timothy Moore
Commodities hit as oil slumps; iron ore in correction
Market pundits are at odds about the prospects for oil prices after OPEC’s surprise move to restore some production to the market this year. Iron ore, meanwhile, is struggling to bounce off its lows.
- Updated
- Alex Gluyas
ASX to fall, oil slides and iron ore slumps
Australian shares are set to open lower, with both iron ore and oil tumbling. US factory data misses. S&P 500 edges higher late.
- Updated
- Timothy Moore
Dow paces Wall St higher as early losses reversed
A morning swoon proved to be a buying opportunity after the latest inflation data renewed hopes of a 2024 pivot to rate cuts.
- Updated
- Timothy Moore
May
Commodities to set records after ‘violent price swings’
Strategists have warned that traders should expect heightened volatility on commodity markets as the powerful rally in metals divides investors.
- Updated
- Alex Gluyas
ASX to rise, tech rout hits Wall Street
Australian shares are set to open higher. Salesforce slump knocks the tech sector. Dell disappoints after the closing bell. US yields pull back on GDP data.
- Updated
- Timothy Moore
ASX to fall, US bond yields rise higher
Australian shares are set to open lower in line with losses in New York after yet another weak response to a US government debt sale.
- Updated
- Timothy Moore
BHP abandons $75b bid after Anglo refuses more talks
With less than an hour before a 2am deadline, BHP issued a statement saying it would not make a firm offer, putting any bids on ice for at least six months.
- Updated
- Thomas Biesheuvel
- Opinion
- Chanticleer
How to set up your portfolio for the next decade, according to Goldman
The traditional 60:40 portfolio has rallied off its deathbed thanks to surging stocks and bond yields. But Goldman Sachs says what comes next might look very different.
- Updated
- James Thomson
ASX to drop, Nvidia surge helps offset rising bond yields
Australian shares to drop. BHP deadline fast approaching. US equities dented by mediocre debt sales. The Magnificent One powers ever higher.
- Updated
- Timothy Moore
ASX to edge higher, April retail sales awaited
Australian shares are set to advance modestly at the open. UK, US markets were closed overnight. Lendlease, BHP and Healthscope in focus.
- Updated
- Timothy Moore
Commodities on cusp of ‘super-bull’ rally after traders cash in
Investors have taken profits following a powerful rally in copper and gold prices, but strategists believe the correction will be short-lived.
- Alex Gluyas
Magnificent seven power Wall Street higher
Tesla, Meta Platforms, Nvidia and Apple paced the advance as investors opted to buy this week’s dip with conviction ahead of a three-day US weekend.
- Updated
- Timothy Moore
ASX to slide as Wall St sinks on rate setback
Australian shares are set to open more than 1pc lower. Data bolsters higher rates for longer. Boeing paces Dow Jones sell-off. Nvidia leaps 9.3pc.
- Updated
- Timothy Moore
ASX to drop, US equities fall on Fed rate outlook
Australian shares are set to slide, $A lower. BHP’s US-listed shares plunge 4.7pc. Fed minutes point to higher rates for still longer. Nvidia reports.
- Updated
- Timothy Moore
Anglo knocks back new $73.9b offer from BHP
BHP and Anglo American are a step closer to a deal after Anglo granted its Australian suitor seven extra days to make an improved offer.
- Peter Ker and Hans van Leeuwen
ASX to rise, S&P 500 modestly positive
Australian shares are set to open higher. NZ rate decision ahead. US stocks edge higher. Tesla rebounds, Apple extends rally. Ether, bitcoin hold their surges.
- Updated
- Timothy Moore
