Australian shares dipped 73 points or 0.8% to 8,711 in early deals on Thursday, sliding for the fourth straight session amid weakness in most sectors, notably non-energy minerals, healthcare, process industries, and financials.Nerves persisted ahead of June CPI and PPI data in main trading partner…
Welcome to our weekly ChartWatch *LIVE* Webinar series. Hundreds of Aussie investors joined me at lunchtime to learn more about technical analysis by using the ASX stocks they’re interested in as case studies.But that’s the point of ChartWatch *LIVE*: it’s not up to me to set the agenda – it’s up t…
The ASX 200 lost 19 points or 0.2% to finish at 8,785 on Wednesday, down for the third session amid weaker U.S. stock futures following renewed tensions in the Middle East after Washington started a series of strikes against Iran Tuesday in response to attacks against three commercial vessels in th…
Oil prices are back in the spotlight after Iran struck three commercial vessels passing through the Strait of Hormuz on Tuesday, prompting the US military to launch a new wave of retaliatory strikes.The escalation drove Brent 5.5% higher on Tuesday to US$75.93 a barrel, its best one-day gain since…
Australian stocks fell 116 points, or 1.3%, to 8,688 in Wednesday morning trade, extending losses for a third consecutive session and touching their lowest level in a week.Sentiment weakened after a negative lead from Wall Street overnight, where a broad selloff in U.S. chipmakers reflected growing…
The ASX 200 lost 27 points or 0.3% to close at 8,804 on Tuesday, marking the second straight session of losses as weaker futures for S&P 500 and Nasdaq set a cautious tone ahead of the Federal Reserve’s June meeting minutes.Nerves also persisted before key June CPI and PPI readings from top trading…
Australia's WiseTech Global ASX:WTC said on Tuesday that co-founder Richard White would step down as executive chair, effective immediately, while Raelene Murphy had been appointed independent chair.Murphy, who joined the logistics software provider's board at the start of the year, was named lead…
Australian shares looked set for a flat open on Tuesday, with likely gains in miners from firmer iron ore and metal prices being potentially offset by softness in gold stocks on declining bullion.The local share price index futures (YAPcm1) slipped 0.1%, reflecting an 18-point discount to the under…
By Aamir KhalidAustralian shares edged lower on Monday as weakness in heavyweight miners and banks offset gains in energy and healthcare stocks, while investors looked ahead to U.S. Federal Reserve policy signals later this week.The S&P/ASX 200 index ASX:XJO closed 0.2% lower at 8,831.00 points, af…
The ASX 200 fell 13 points, or 0.2%, to end at 8,831 on Monday, retreating from a one-week high and swinging from the prior session’s rally.Sentiment weakened after Australia's job ads eased for a third time this year in June, underscoring the drag from higher borrowing costs.Caution also emerged a…
Australian equities slipped in early Monday trade, easing 20 points or 0.2% to 8,825 and unwinding part of the prior session’s rally.The retreat pulled the market back from a one-week high as investors booked profits and turned cautious ahead of fresh job ads data and the June inflation gauge due l…
Australian stocks look set to fall at the start of Monday's session, giving back some of the ground gained during strong week-ending gains. ASX futures are down by 0.4% ahead of the new trading week, suggesting that the S&P/ASX 200 will slip into the red at the opening bell. The benchmark index sur…
Hi there! This article is an excerpt from our weekend newsletter - which talks all things markets plus some interesting data insights and memesJoin 100,000+ readers receiving the Newsletter every Sunday morning - Register here. It's free.July seasonality, falling home prices and a margin squeezeHi…
