LATEST FINANCE NEWS

ASX down 1.22% near noon: BHP tumbles 4.5%
26 Apr 2024 - BHP's (ASX:BHP) decline weighs on shares, while traders anticipate no interest rate cuts in 2024 due to Australian inflation surpassing expectations, causing Australian bond yields to rise significantly and prompting a notable decrease in the S&P/ASX 200 index, particularly impacting interest rate-sensitive sectors such as real estate, financials, and technology.

Mixed economic signals weigh on US markets
26 Apr 2024 - US stocks slid as mixed economic data raised fears that stagflation may rear its ugly head, as growth numbers came in weaker than expected and price growth higher than expected.

ASX up 0.08% near noon: CPI comes in higher than expected
24 Apr 2024 - The Australian Bureau of Statistics reported a 1% rise in the consumer price index for the three months through March, exceeding market expectations of a 0.8% increase, while the annual CPI slowed to 3.6% from 4.1%, both figures stronger than anticipated.

Solid corporate earnings drive US markets higher
24 Apr 2024 - US stocks surged higher as a raft of corporate earnings results came in ahead of expectations.

US shares surge on tech rally and economic data watch
23 Apr 2024 - On Tuesday, shares surged, driven by a tech-fueled rally on Wall Street, with investors eyeing US corporate earnings and Australian inflation data for hints on the Reserve Bank’s future interest rate decisions.

ASX up 0.45% near noon after easing geopolitical tensions
23 Apr 2024 - On Tuesday, shares opened higher, reflecting a rally on Wall Street amidst subdued geopolitical tensions, with investors focusing on upcoming US corporate earnings such as Tesla and GE. At 11:45am, the S&P/ASX 200 is 0.48 per cent higher at 7,683.40.

US stocks bounce back as Middle East tensions ease
23 Apr 2024 - US stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results.

ASX rises 1.1% as global markets regain stability
22 Apr 2024 - The Australian sharemarket experienced a modest relief rally on Monday, with the S&P/ASX 200 Index rising by 1.1 per cent to 7649.2 points, partially recovering from the previous week's 2.8 per cent loss amidst eased tensions between Israel and Iran.

ASX up 0.94% at noon amidst easing tensions between Israel and Iran
22 Apr 2024 - The ASX is trading higher on Monday amidst easing tensions between Israel and Iran, with the S&P/ASX 200 rising by 1.4% to 7671 points at the open, partly recovering from last week's 2.8% loss. At noon, the S&P/ASX 200 is 0.94 per cent higher at 7,638.90.

Middle East tensions dominate US markets
22 Apr 2024 - Early trading saw oil spike more than 3 per cent and Middle East tensions take centre stage until the limited nature of Israel’s retaliation against Iran became apparent, easing concerns of any further escalation in the region and calming markets.