[ad_1] The Australian share market soared to its highest level since the start of August on Thursday after the US Federal Reserve kept rates on hold and flagged rate cuts…
Tag: asx
ASX rallies as slowing economic growth boosts rate hopes
[ad_1] Loading Perpetual climbed 6.3 per cent after it announced a strategic review of its three-pronged corporate structure that might see it demerge its corporate trust and wealth management businesses…
‘Disappointing’: ASX set to open down despite US markets ‘reasonable improvements’
[ad_1] CommSec’s Tom Piotrowski says the market is set to open with a loss on Friday despite “reasonable improvements” in the US market. “It’s a little bit disappointing we’ve got…
ASX set to retreat as Wall Street scuffles; oil slumps
[ad_1] More reports arrived Wednesday that bolstered those hopes. The Federal Reserve’s next meeting on interest rates is in a week, and the widespread expectation is for it to leave…
Live: ASX falls ahead of Reserve Bank decision, Wall Street rally loses steam as gold falls from record high
[ad_1] Bitcoin has climbed to a 20-month high, surpassing $US42,000, with the new surge in momentum fuelled by US interest rate cut expectations and traders betting US regulators will soon…
ASX set to jump as Wall Street rallies
[ad_1] That didn’t dash Wall Street’s optimism of a Fed rate cut happening as soon as next spring. Investors see a nearly 56 per cent chance of it happening in…
Live: Prices rose 4.9 per cent in the year to October, RBA governor says Australians are ‘doing fine’
[ad_1] Last week I interviewed a few economists who tipped the RBA might lift rates next week. But after today’s CPI number came in lower than expected, the broad view…
ASX set to edge up as Wall Street rises on consumer confidence, Fed hopes
[ad_1] Consumer confidence remains strong heading into the holiday shopping season. The Conference Board’s November consumer confidence survey released Tuesday topped analysts’ forecasts. Consumer spending accounts for around 70 per…