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May 22, 2024
Australian shares are trading modestly higher on Wednesday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 7,800 level, following the broadly positive cues from Wall Street overnight, with gains in miners and financial stocks partially offset by weakness in technology stocks.
May 22, 2024
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive from Wall Street overnight, as traders largely refrained from making significant moves as they await the release of the minutes of the US Fed's latest monetary policy meeting later in the day for clues about the outlook for interest rates.
May 20, 2024
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, after recent economic data has generated optimism about an interest rate cut in the coming months, but comments from US Fed officials have put a damper on some of the cheer.
May 20, 2024
The Australian stock market is currently trading significantly higher on Monday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving uo to near the 7,900.
May 16, 2024
The Australian market is sharply higher on Thursday, adding to the gains in the previous session, following the broadly positive cues from global markets overnight.
May 16, 2024
Asian stock markets are a sea of green on Thursday, following the broadly positive cues from global markets overnight, as traders reacted positively to a closely watched report on US consumer price inflation that showed a smaller-than-expected increase in the month of April to reinforce expectations the US Fed will begin cutting interest rates in September.
May 15, 2024
Australian shares rebounded on Wednesday after the release of the domestic federal budget sparked gains in miners, while investors awaited a key inflation report due later in the day for interest rate...
May 15, 2024
Australian shares are trading notably higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving to stay below the 7,800 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.
May 7, 2024
Adding to the gains in the previous three sessions, the Australian stock market is notably higher on Tuesday, following the broadly positive cues from global markets overnight.
May 7, 2024
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from global markets overnight, on renewed optimism over the outlook for interest rates, with traders growing increasingly confident about a rate cut in the coming months and largely eliminating short-lived concerns the US Fed might actually consider raising rates.