Thursday wasn't exactly a walk in the park for Aussie shares, huh? 😅 While we did see some losses, it's a relief they weren't as brutal as earlier in the day. The ASX200 closed 36 points lower at 7,812, but hey, it could've been worse, right? 😬 $S&P/ASX 200(.XJO.AU)$
Say what? "pressure the RBA"? An independent body (supposedly) that acts in the nation's interest, not Labor's? Oops. You stacked the board so the Labor disease will corrupt the RBA, too. $S&P/ASX 200(.XJO.AU)$
🚨 Did hawkish RBNZ push RBA rate cuts out a month? 🤔 🔎 Light blue = Market RBA rate pricing 21 May 🔎 Dark blue = Market RBA rate pricing 22 May Small ⬆️ shift pushes: 1st 0.25% cut Apr 25 ➡️ May 25 2nd 0.25% cut Oct 25 ➡️ ? $S&P/ASX 200(.XJO.AU)$
The RBA might go for a rate cut in Feb'25, but let's not forget there's a chance they might hike as early as August. If that CPI number in Q2 comes out at 1% or higher (remember, RBA's current rate is at 0.8%), well, that could definitely spark some chatter about a potential hike in August. So yeah, it's a toss-up right now, but we'll have to wait and see how the numbers play out. $S&P/ASX 200(.XJO.AU)$
Aussie shares 📈 had a bit of a rollercoaster ride today! They started strong but couldn't quite hold on to those gains, ending the day flat. 😅 The ASX200 index just edged 4 pts lower, barely a dip under 0.1%, closing at 7,848. 📉 But hey, not all sectors were down in the dumps! Six out of 11 actually showed some green. 🌱 Unfortunately, Telecom 📡 and consumer stocks 🛍️ were the big drag, dropping -2.5% and -1.4% respectively. But there's always a silver lining, right? ✨ Utilities 💡 and industrials...
On the surface a quiet day – but do a little digging and it was far from thus! The S&P/ASX 200 (XJO) finished 12 points lower at 7,851.7, 0.24% from its session high and just 0.13% from its low. $S&P/ASX 200(.XJO.AU)$
G'day, mooers! Check out the latest news on today's stock market! • The Nasdaq Composite and the S&P 500 closed up at record highs • ASX open flat; James Hardie, Sonic dive • Stocks to watch: James Hardie, Alumina, Telstra, Sonic Healthcare Wall Street Summary The$Nasdaq Composite Index(.IXIC.US)$and the$S&P 500 Index(.SPX.US)$closed up at record highs on Monday ahead of Nvidia earnings, the last of the "Magnificent Seven" companies t...
• Top losers: $Nufarm Ltd(NUF.AU)$, $Bellevue Gold Ltd(BGL.AU)$, $Sandfire Resources Ltd(SFR.AU)$
Market Performance
Australia's $S&P/ASX 200(.XJO.AU)$ closed 0.5% lower at 7811.8, losing its chance at a record high amid weakness in shares of large-cap miners and banks. The ASX 200 is now 1.1% off the record high it set in March....
The ASX200 closed 36 points lower at 7,812, but hey, it could've been worse, right? 😬
$S&P/ASX 200(.XJO.AU)$
"pressure the RBA"?
An independent body (supposedly) that acts in the nation's interest, not Labor's?
Oops. You stacked the board so the Labor disease will corrupt the RBA, too.
$S&P/ASX 200(.XJO.AU)$
🔎 Light blue = Market RBA rate pricing 21 May
🔎 Dark blue = Market RBA rate pricing 22 May
Small ⬆️ shift pushes:
1st 0.25% cut Apr 25 ➡️ May 25
2nd 0.25% cut Oct 25 ➡️ ?
$S&P/ASX 200(.XJO.AU)$
• Top losers: $Eagers Automotive Ltd(APE.AU)$, $Genesis Energy Ltd(GNE.AU)$, $Life360 Inc(360.AU)$
Market Performance
Australia's $S&P/ASX 200(.XJO.AU)$ closed less than 0.1% lower at 7848.1, giving back early gains after hawkish interest-rate comments from neighboring New Zealand's central bank. The benchmark index was 0.4% higher but fell away after...
If that CPI number in Q2 comes out at 1% or higher (remember, RBA's current rate is at 0.8%), well, that could definitely spark some chatter about a potential hike in August.
So yeah, it's a toss-up right now, but we'll have to wait and see how the numbers play out.
$S&P/ASX 200(.XJO.AU)$
The ASX200 index just edged 4 pts lower, barely a dip under 0.1%, closing at 7,848. 📉
But hey, not all sectors were down in the dumps! Six out of 11 actually showed some green. 🌱
Unfortunately, Telecom 📡 and consumer stocks 🛍️ were the big drag, dropping -2.5% and -1.4% respectively. But there's always a silver lining, right? ✨
Utilities 💡 and industrials...
The S&P/ASX 200 (XJO) finished 12 points lower at 7,851.7, 0.24% from its session high and just 0.13% from its low.
$S&P/ASX 200(.XJO.AU)$
• Top losers: $James Hardie Industries PLC(JHX.AU)$, $Sonic Healthcare Ltd(SHL.AU)$, $Infratil Ltd(IFT.AU)$
Market Performance
Australia's $S&P/ASX 200(.XJO.AU)$ closed 0.15% lower at 7851.7, missing the chance to set a record amid weakness in materials stocks. The index, which had been about 33 points short of a record after o...
• The Nasdaq Composite and the S&P 500 closed up at record highs
• ASX open flat; James Hardie, Sonic dive
• Stocks to watch: James Hardie, Alumina, Telstra, Sonic Healthcare
Wall Street Summary
The $Nasdaq Composite Index(.IXIC.US)$ and the $S&P 500 Index(.SPX.US)$ closed up at record highs on Monday ahead of Nvidia earnings, the last of the "Magnificent Seven" companies t...
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