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Tech companies take a hit on the ASX today27/04/2021|2min Sky News business reporter Edward Boyd has provided a market update, saying technology companies were the worst performers on the ASX today. "They were down about 2.5 per cent," Mr Boyd said. "The overall ASX was only down 11 points, or just 0.1 of a per cent". Favourite
Markets unconcerned with AstraZeneca vaccine pause16/03/2021|2min The ASX 200 is up about 0.3 per cent in early trade this morning and European markets appear to be unconcerned by the pause of the AstraZeneca vaccine which is taking place in many EU countries. Germany, France and Italy have joined an increasing number of countries in suspending the AstraZeneca vaccine rollout as a precautionary measure while a series of incidents involving blood clots are investigated. Sky News business reporter Edward Boyd said the Euro Stoxx 50 was down just 0.2 per cent overnight. “Investors don’t ...
RBA leaves interest rates on hold at 0.1 per cent 02/03/2021|3min The Reserve Bank of Australia has kept interest rates on hold at the record low of 0.1 per cent. Sky News business reporter Edward Boyd discussed the implications of the move. Mr Boyd said it appears rates will remain on hold "until 2024". Favourite
Casino inquiry releases report with 19 recommendations for Crown09/02/2021|2min The New South Wales Liquor & Gaming Authority has released a 768-page report with 19 recommendations for Crown Casino. Sky News Business Reporter Edward Boyd said the exact implications for Crown and its licence are currently unclear, and a media release from the ILGA is still to be seen. “Of course, Crown Resorts will be releasing a response, possibly tomorrow.” Favourite
ASX investors 'clearly pleased' over RBA decision 02/02/2021|3min Sky News business reporter Edward Boyd says ASX investors were "clearly pleased" by the Reserve Bank's decision to keep the cash rate on hold today. Interest rates have been held at a record low of 0.1 per cent by the RBA at its first meeting of the year. Mr Boyd said it was a great day for the ASX 200, which lifted about 1.5 per cent today. Favourite