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RBA leaves interest rates unchanged at 4.35pc after first meeting of the year, ASX ends lower — as it happened
10 months, 2 weeks ago

RBA leaves interest rates unchanged at 4.35pc after first meeting of the year, ASX ends lower — as it happened

ABC  

The Reserve Bank has released its latest forecasts for the economy. While lowering its inflation forecasts to reflect the latest December quarter Consumer Price Index, which came in well below its previous expectations, it appears to be wedded to its view that services inflation is sticky and will take a long time to tame. The RBA has taken 0.6 of …

Inflation Rba Forecast
Wall Street a mixed bag ahead of rate hike decision, as ASX ends up
2 years, 4 months ago

Wall Street a mixed bag ahead of rate hike decision, as ASX ends up

ABC  

Australian shares have risen on Tuesday, despite Wall Street wavering ahead of another likely rate hike later this week. Over the past five days, the ASX 200 has gained 2.4 per cent, but is down almost 9 per cent for the last year to date. ASX up as Wall Street jitters continue In the US, the S&P 500 gained a …

Cent Wall Street
ASX takes $60 billion hit as as inflation surges, Omicron hits business confidence
2 years, 10 months ago

ASX takes $60 billion hit as as inflation surges, Omicron hits business confidence

ABC  

The Australian share market has plunged to a new eight-month low in the wake of inflation jumping more than forecast over the last few months of 2021, raising the prospect of sooner-than-expected interest rate rises. Key points: The Dow Jones index rose 0.3pc to 34,365, the S&P 500 rose 0.3pc to 4,410, and the Nasdaq Composite rose 0.6pc to 13,855 …

Business Stocks Market Bitcoin Confidence Interest Rates Index
Global markets take a hit amid fears of Evergrande 'contagion', but ASX ends up
3 years, 3 months ago

Global markets take a hit amid fears of Evergrande 'contagion', but ASX ends up

ABC  

The ASX 200 has defied global sentiment to make a gain on Tuesday, despite international markets trending down on fears the potential collapse of Chinese property developer Evergrande would have a "contagion" effect. Key points: ASX 200 finished the day up despite global market volatility US markets took a hit overnight, with the Nasdaq the hardest hit There are fears …

China Market Property Company Chinese Hit Cent
AMP and US firm Ares exclusivity period ends without deal, ASX closes lower
3 years, 8 months ago

AMP and US firm Ares exclusivity period ends without deal, ASX closes lower

ABC  

Wealth manager AMP insists there is still interest in its private markets business, despite an exclusivity period on a sale offer expiring. Key points: AMP says US firm Ares is now interested in potentially buying all of its private markets operations China has imposed tariffs on Treasury Wines for at least five years Mortgage Choice shares surge as REA Group …

China Treasury Johnson Cent Shares Amp Ares