AU Morning Wrap: ASX Drops to Three-Week Lows Ahead of CPI; IAG, Fortescue Slip
ASX drops to three-week lows ahead of CPI; IAG, Fortescue slip. Stocks to watch: IAG, Fonterra, Fisher & Paykel.
AU Evening Wrap: Australia Shares Slip 0.3% Amid Weak Retail Sales
Australia shares slip 0.3% amid weak retail sales. Shares of retailers, fast-food franchisers and travel-related companies fell, pulling the consumer discretionaries sector down by 0.7%.
Australian Consumer Crunch Won't Provoke RBA Cut
0556 GMT - Australian consumers are under extreme financial pressure as mortgage repayments climb and the cost of everyday goods jump, but the Reserve Bank of Australia is still likely to keep interes
Australian Retail Sales Failed to Spring Back in April
By James Glynn SYDNEY--Australian retail sales remained weak in April, highlighting the plight of consumers in the face of elevated interest rates and rising costs, while signaling a sluggish economy
April Retail Sales Surge Drives Growth for ASX 200 Retail Shares
The latest data from the Australian Bureau of Statistics (ABS) reveals a slight yet significant increase in retail sales for April 2024. Seasonally adjusted, the retail trade estimate rose by 0.1% month-on-month and 1.3% compared to April 2023.
AU Morning Wrap: ASX Stocks Rise; Miners Benefit from Strong Commodity Prices
ASX stocks rise; miners benefit from strong commodity prices. Stocks to watch: Peter Warren, Pro Medicus, Playside Studios.
AU Evening Wrap: Australia Shares Rise 0.8% Amid Bank, Gold Gains
Australia shares rise 0.8% amid strong gains by banks, gold miners and consumer-focused companies. Ten of eleven sectors finished higher as the benchmark index bounced from Friday's 1.1% drop, following a mostly positive lead by U.S. equities.
S&P/ASX 200 Benchmark Index Falls 1.11% This Week to 7727.60 -- Data Talk
The S&P/ASX 200 Benchmark Index is down 86.77 points or 1.11% this week to 7727.60 --Largest one-week point and percentage decline since the week ending April 19, 2024 --Snaps a four-week winning st
AU Evening Wrap: Australia Shares Fall 1.1% Amid Broad-Based Declines
Australia shares fall by 1.1% amid broad-based declines, with consumer discretionary stocks leading the losses, falling 2.5%.
AU Morning Wrap: Shares Down as Miners Hit; Gold, Iron Ore Drop
Australian shares declined by 1%, reflecting the general weakness across commodities and the previous sell-off in Wall Street.
Global Equities Roundup: Market Talk
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 1848 ET - The Reject Shop's lackluster trading update doesn't shake Ord Minnett's convictio
AU Evening Wrap: Australia Shares Slip 0.5% as Miners, Banks Fall
Australia shares slip 0.5% as miners, banks fall. Eight of the nine largest companies by market capitalization finished in the red, led by BHP.
Australian Inflation Moderates, Wage Stable in May, Says Melbourne Institute Survey
Inflation expectations in Australia slid 0.5 of a percentage point to 4.1% in May, according to the Melbourne Institute Survey of Consumer Inflationary Expectations released Thursday. The recent figur
AU Morning Wrap: ASX Falls; BHP Drops Over 3% After Third Bid Rejected
ASX falls; BHP drops over 3% after third bid rejected. Stocks to watch: Origin Energy, Xero, Nufarm.
AU Evening Wrap: Australia Shares Slip Less Than 0.1%
Australia shares slip less than 0.1% lower at 7848.1, giving back early gains after hawkish interest-rate comments from neighboring New Zealand's central bank.
AU Morning Wrap: ASX Lifts; Telstra Falls Over 4%
ASX lifts; Telstra falls over 4%. Stocks to watch: Webjet, Plenti, DroneShield.
AU Evening Wrap: Australia Shares Slip 0.15% Amid Materials Weakness
Australia shares slip 0.15% amid materials weakness, missing the chance to set a record.
Australian Shares Slid as RBA Resumes Rate Hike Talks
Australian shares slid on Tuesday as the Reserve Bank of Australia resumed rate hike discussions at its May policy meeting. The S&P/ASX 200 Index slid 12.00 points, or 0.2%, to 7,851.70. Minutes of th
Australia Shares Slip 0.15% Amid Materials Weakness -- Market Talk
0629 GMT - Australia's S&P/ASX 200 closed 0.15% lower at 7851.7, missing the chance to set a record amid weakness in materials stocks.
RBA Elected Not to Fine Tune Rates at Policy Meeting
By James Glynn SYDNEY--The Reserve Bank of Australia has warned that risks around the inflation outlook have risen, while uncertainty around the economy's trajectory more broadly remains highly eleva