Today
ASX to fall, Nvidia rebounds as investors buy the sell-off
Australian shares are set to open lower, tracking general market weakness. Techs recovered as did bitcoin, lifting the Nasdaq and S&P 500.
- 2 mins ago
- Timothy Moore
Yesterday
ASX to rise, Nvidia rout gathers momentum
Australian shares are set to open higher. Oil retakes $US86 a barrel. Nvidia sheds 6.7pc. Bitcoin tumbles near 8pc, trading below $US59,000. S&P 500 slips.
- Updated
- Timothy Moore
This Month
Why now’s a good time to visit Europe (and it’s not the Olympics)
French political turmoil is good news for Australians heading to Europe with the dollar trading at its highest level against the euro in a year.
- Cecile Lefort
S&P 500 slips, Nvidia paces semiconductor slide
The S&P 500 ended modestly lower as semi stocks pared some of their advance. BofA broadly positive on China’s economic outlook.
- Updated
- Timothy Moore
ASX to rise, S&P 500 struggles near record highs
Australian shares are set to edge higher as futures reversed direction. Nvidia, Apple and Tesla pulled back, dragging on the Nasdaq. S&P 500 briefly tops 5500.
- Updated
- Timothy Moore
Why the chances of a rate rise are higher than you think
Traders are largely ignoring the prospect of higher borrowing costs, despite the Reserve Bank’s growing concerns about still-high inflation, rate specialists warn.
- Cecile Lefort
ASX to slip, European stocks mostly lower
Australian shares are set to open modestly down. Wall Street was closed for a federal holiday. Bank of England expected to keep rates steady.
- Updated
- Timothy Moore
Rate increase ‘more likely this year’ after RBA’s tough talk
An increasing number of economists say the next policy meeting in August is “live” for a rate rise after the central bank’s language at this week’s meeting.
- Cecile Lefort
ASX to slip, Nvidia takes market-cap title
Australian shares are set to open modestly lower. Nvidia extended its rally, while Microsoft and Apple pulled back. US consumers slow down.
- Updated
- Timothy Moore
Rate cut hopes fade as RBA sounds the alarm on inflation
Traders have pared back wagers for an interest rate cut in 2024 after the Reserve Bank said it was alert to upside risks to inflation.
- Cecile Lefort and Jonathan Shapiro
ASX to rise, Tesla and Apple pace techs higher
Australian shares are set to open up with the RBA’s policy decision in focus. Nasdaq leads Wall Street advance. S&P 500 has 30th record close of 2024.
- Updated
- Timothy Moore
Wall St slips as French political crisis deepens
The S&P 500 was modestly lower in afternoon trading. European shares fell further amid a resurgent far-right. Bitcoin drops.
- Updated
- Timothy Moore
ASX to fall, French poll worries dent sentiment
Australian shares are set to open lower. European stocks fall on political worries. S&P 500 notches fourth closing record in as many days as techs rally.
- Updated
- Timothy Moore
$A jumps most in a month as markets ramp up rate cut bets
Traders have dialled up expectations that both the US Federal Reserve and the Reserve Bank will cut rates this year after US inflation slowed more than expected.
- Cecile Lefort
ASX to rise, Wall St gets boost from CPI and Apple
Australian shares are set to open higher. US prices cooled faster than expected in May. US bond yields tumble on rate outlook. Apple briefly leapfrogs Microsoft.
- Updated
- Timothy Moore
ASX to drop ahead of China, US price data
Australian shares are set to extend their losses. BHP and Rio drop. Apple leaps 7pc to record high. Bitcoin tumbles. US policymakers meeting.
- Updated
- Timothy Moore
ASX to fall, Wall Street hovers near record highs
Australian shares are set to open down, tracking losses in Europe. Iron ore slides. S&P 500 edges higher with US CPI and Fed meeting later this week.
- Updated
- Timothy Moore
ASX to slump as hot US job market cools chance of rate cuts
Global stocks pulled back after employment figures came in well above expectations. In Australia, traders now say there is a 30 per cent chance of a rate cut.
- Cecile Lefort
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
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
