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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 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.
May 6, 2024
The Australian stock market is currently trading notably higher on Monday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 7,600.
May 6, 2024
Asian stock markets are trading mixed on Monday, following the broadly positive cues from global markets on Friday, on easing concerns about the outlook for US Fed interest rates after data showed a slowdown in U.
May 3, 2024
Adding to the gains in the previous session, the Australian stock market is notably higher on Friday, following the broadly positive cues from Wall Street overnight.
May 2, 2024
The Australian market is slightly higher on Thursday, recouping some of the sharp losses in the previous session, following the mixed cues from Wall Street overnight.
May 2, 2024
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, with the markets reacting to the US Fed's decision to hold interest rates steady, while also ruling out a rate hike in the near future.