Today
- Opinion
- Chanticleer
China is still all talk on stimulus – for one good reason
China is again talking up its willingness to stimulate its spluttering economy. But action is unlikely to come until we know more about Donald Trump’s plans.
- 14 mins ago
- James Thomson
ASX to rise on prospect for bolder China stimulus, Wall St slips
Australian shares are set to open higher. BHP, Rio surge in New York. Iron ore, oil, gold gain. Bitcoin stumbles. Nvidia drags Nasdaq lower.
- Timothy Moore
This Month
- Opinion
- Interest rates
The markets have got it wrong (again) on rate cuts
Bond traders are fully priced for some relief by April 2025 thanks to a couple of surprising data points. But it’s always the coldest just before sunrise.
- Warren Hogan
S&P 500 resets record closing high for 57th time
The record run higher in US equities is intact after November’s jobs report reassured investors that the Fed is still on track to cut rates this month.
- Timothy Moore
Fed on track to cut rates: Wall Street’s view of jobs data
November’s payrolls report keeps open the door for a quarter point rate cut this month, though next week’s CPI data still needs to be cleared.
- Timothy Moore
ASX to slip, Wall St edge down with payrolls awaited
Australian shares are set for modest opening losses. November US jobs data in focus. Bitcoin slides below $US100,000.
- Timothy Moore
ASX to edge up, S&P 500 and Nasdaq lift on techs
Australian shares are set to open modestly higher. The magnificent seven power ahead. Iren surges, Atlassian leaps on Amazon deal. Bitcoin rallies.
- Timothy Moore
How South Korea’s whirlwind stint of martial law jolted markets
The shock announcement sent Samsung shares plunging and reached into ETFs, government bonds and even bitcoin.
- Carmen Reinicke, Maria Elena Vizcaino and Hooyeon Kim
ASX to slip, S&P 500 edges up, bitcoin swings
Australian shares are set to open lower. US equities were turning modestly positive late. Apple extends advance. South Korean assets drop.
- Timothy Moore
US Fed keep options open for December rate cut
Financial markets are focused on the last US Federal Reserve meeting for the year, but officials are keeping their cards close to their chest.
- Craig Torres and Jonnelle Marte
ASX to rise, Apple resets record high as techs rally
Australian shares are set to open higher. The Nasdaq paced gains in New York as the megacap techs advanced. US dollar stronger. Bitcoin struggled.
- Timothy Moore
Auld named chief economist at NAB, replacing Oster
Sally Auld will be National Australia Bank’s next economics chief following the retirement of Alan Oster after 32 years in the role.
- Cecile Lefort
- Opinion
- Chanticleer
Wall Street’s great contrarian reveals his playbook for 2025
Investors are all-in on the idea that there’s no alternative to going long US exceptionalism. But one prominent voice is speaking up against the crowd.
- James Thomson
- Opinion
- Interest rates
The golden opportunity’ that investors are overlooking
Thanks to an inactive Reserve Bank, Australians have been blindsided by term deposit rates that are up near 5 per cent. They should instead be selling stocks and looking at bonds.
- Updated
- Tim Hext
November
S&P 500, Dow close at record highs as techs rally
Nvidia and Apple paced the advance as Wall Street finished the month with one final push higher. Bitcoin faded another move towards $US100,000.
- Timothy Moore
ASX to slip, European tech stocks advance
Australian shares are set to open down. France’s political crisis pressures bond yields. Wall St closed for Thanksgiving. Commodities modestly higher.
- Timothy Moore
ASX to rise, techs drag Wall St lower, bitcoin tops $US97,000
Australian shares are set to edge higher. The magnificent seven lagged after Dell, HP and CrowdStrike misses. Iren surges. Oil slipped. Gold was steady.
- Timothy Moore
Here’s what the RBA might do after RBNZ’s latest cut
The Reserve Bank of New Zealand cut its benchmark to 4.25 per cent, bringing it under the Australian rate for the first time in a decade.
- Updated
- Cecile Lefort
ASX to rise, S&P 500 higher, bitcoin slumps below $US92,000
Australian shares are set to open up with all three US benchmarks advancing late in the session. Monthly CPI awaited. RBNZ poised for another big rate cut.
- Timothy Moore
ASX to rise, Dow paces Wall St advance, bitcoin slips
Australian shares are set to open higher. US equities rallied to start their shortened week. US bond yields tumble. Oil, gold drop. Bitcoin stalls.
- Timothy Moore
