Today
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
Yesterday
This US bank makes a bold call on the $A
The Australian dollar dropped below US64¢ last week, yet the investment giant says it’s time to offload the strong US dollar instead.
- Cecile Lefort
This Month
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
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
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
CBA warns $A to drop ‘materially’ in 2025
The threat of a renewed trade war under Donald Trump will keep the US dollar soaring into next year, wreaking havoc on the $A.
- Alex Gluyas
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
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
Trump trade war could smash Aussie dollar below US60¢
The Aussie hasn’t fallen below US60¢ – outside the pandemic – since 2003. But NAB has warned it “would not be surprised” to see that happen next year.
- Alex Gluyas
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
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
Dow paces gains on rotation, bitcoin briefly above $US99,600
US equities were higher as investors opted to boost their holdings of blue-chip and small-cap stocks. Gold, oil rally on rising geopolitical tensions.
- Timothy Moore
ASX to rise, Dow advances, bitcoin briefly tops $US98,000
Australian shares are set to open higher. Commodities gained as the Ukraine-Russia war intensified. Nvidia edges up, bitcoin tops $US98,800.
- Timothy Moore
ASX to slip, Wall St awaits Nvidia, bitcoin surges
Australian shares are set to open modestly lower. Nvidia edged lower and tech stocks lagged in New York. Bitcoin’s rally accelerates anew.
- Updated
- Timothy Moore
Bitcoin bursts past $US94,000 for the first time
The cryptocurrency was turbocharged by news that Donald Trump’s company was in talks to buy a digital token trading firm.
- Medha Singh and Ankur Banerjee
ASX to fall as geopolitical tensions rise, Nvidia rallies
Australian shares are set to open lower amid a renewed focus on Russia’s war against Ukraine. Nasdaq advances on techs. Bitcoin tops $US94,000.
- Timothy Moore
ASX to rise, Tesla paces Nasdaq advance
Australian shares are set to edge higher. Shares in the EV maker got another Trump boost. Nvidia in focus. Oil, gold and iron ore each rebound.
- Updated
- Timothy Moore
