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Global equities remained under pressure from rising bond yields, concerns over the outlook for interest rates and an escalating conflict in the Middle East. Asian stock markets are also trading mostly lower, following the broadly negative cues from global markets on Friday, with the US Fed signaling rates will remain higher for longer than previously anticipated.
Extending the losses in the previous session, the Australian stock market is significantly lower on Friday, following the broadly negative cues from global markets overnight.
(RTTNews) - The sell-off in the global markets overnight is dragging Asian stock markets mostly lower on Friday, as traders react to an escalation...
In a report released yesterday, Richard Hatch from Berenberg Bank reiterated a Hold rating on BHP Group Ltd (BHPLF – Research Report), wit...
Adding to the gains in the previous session, Australian shares are slightly higher on Wednesday, with the benchmark S&P/ASX 200 staying above the 7,000 mark, following the mixed cues from global markets overnight, with weakness in technology stocks nearly offset by small gains in energy, mining and financial stocks.