This Month
S&P 500, $A, bitcoin rally after Powell cements rate pivot
US stocks were higher after the Federal Reserve boss said the time “has come” to cut interest rates. $A nears US68¢. Bitcoin tops $US64,000. Tesla, Nvidia pace tech.
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- Timothy Moore
ASX to slip, Wall St pulls back as Powell awaited
Australian shares are set to open lower. Shares fell in New York as Fed speakers pushed back against the market’s aggressive rate cut expectations.
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- Timothy Moore
ASX to rise, US stocks rally as path to rate cut widens
Australian shares are set to open higher. The S&P 500 advanced after jobs data and Fed minutes cemented a pivot to rate cuts in September.
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- Timothy Moore
ASX to slip as Wall St’s rally runs out of steam
Australian shares are set to open down. S&P 500 modestly lower after eight-day advance. Gold resets record. Copper steadies.
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- Timothy Moore
ASX to rise, Wall Street extends winning streak
Australian shares are set to open higher. US shares rose for an eighth session amid expectations the Fed is poised to pivot to rate cuts. Oil slumps.
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- Timothy Moore
ASX to rise for a sixth day as US retail data ignites global rally
The Wall Street benchmarks closed just 2.2 per cent short of a record after reports showing unexpected resilience in the US economy.
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- Andrew Hobbs
ASX to rise, US shares advance modestly on CPI data
Australian shares are set to open higher. The S&P 500 closed with its fifth consecutive gain with Fed rate cut bets intact. Oil, gold ease. Iron ore drops.
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- Timothy Moore
ASX to rise as Wall Street rejoices in benign PPI data
Wall Street rose and bond yields dropped after producer price inflation slowed, increasing expectations of a US rate cut in September,
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- Andrew Hobbs
ASX to rise; Wall Street awaits inflation data
Wall Street struggled for direction before key US inflation data as the return of geopolitical risk put a rocket under oil and gas prices.
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- Andrew Hobbs
Wall Street edges higher as July’s CPI report awaited
US shares posted modest gains in choppy trading. Larry Summers called for a regulator review of Monday’s VIX spike. Bitcoin hovers near $US60,000.
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- Timothy Moore
ASX to rise, Wall St rallies as recession fears fade
Australian shares are set to open 1.1pc higher. US jobless claims data eases outlook worries. Gold above $US2400/oz. Oil eyes $US80/bbl. Bitcoin reaches for $US60,000.
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- Timothy Moore
ASX to slip, Wall St’s rally falters as volatility persists
Australian shares are set to edge down. US stocks reversed early gains as crosscurrents continue and volatility persists. Bullock speech at midday.
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- Timothy Moore
ASX to slip, Wall St rises as dip buyers emerge after rout
Australian shares are set to open lower on late New York pullback. Meta, Nvidia pace tech. VIX falls below 27. US 10-year yield rises. Bitcoin bounces.
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- Timothy Moore
US equities drop as buyers hold back
The pace of selling gathered momentum as the session progressed in New York, as moves to pare losses proved fleeting.
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- Timothy Moore
Atlassian falls 17pc as US jobs data flashes recession risk
All three US equity benchmarks fell after July’s jobs report missed expectations and triggered worries the Fed is behind the curve in shifting to rate cuts.
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- Timothy Moore
US stocks plunge, BoE cuts rates
Shares closed sharply lower in New York after data pointed to slower growth. Earlier, the Bank of England from a 16-year-high.
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- Timothy Moore
ASX to rise, Nvidia surges higher, Fed holds
Australian shares are set to rise. Techs mostly rebounded, paced by Nvidia’s near 13pc gain. Meta beats with quarterly results. US oil price leaps 5pc.
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- Timothy Moore
July
ASX to rise, Microsoft drops after results disappoint
Australian shares are set to open higher. Techs hit as nerves fray, dragging S&P 500 and Nasdaq Composite lower. Dow advances.
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- Timothy Moore
ASX to fall as oil slides, S&P 500 edges higher in choppy trade
Australian shares are set to open lower. Commodities struggle to catch a bid. Tesla gets Morgan Stanley lift. S&P, Nasdaq pare early gains. Crude below $US80.
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- Timothy Moore
US stock rotation trade picks up on Fed-friendly data
Every major group in the S&P 500 rose on bets that the start of the Fed easing cycle will keep fuelling the outlook for Corporate America.
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- Rita Nazareth
