Top Stories Politics Courts General Finance Sport World FactCheck

Factual. Independent. Impartial.

Support AAP with a free or paid subscription

Subscribe to AAP News Download our app

Factual. Independent. Impartial.

Support AAP with a free or paid subscription

Subscribe to AAP News Download our app

Latest news: Financial Markets

Australian shares rally as traders bet on peace deal

Australian shares rally as traders bet on peace deal

The ASX has enjoyed its best day since April as markets bet once more on hopes for a breakthrough in US-Iran peace talks, sending oil prices to two-month lows.

Shares creep lower as BHP rebounds, Iran worries remain

Shares creep lower as BHP rebounds, Iran worries remain

Shares creep lower as BHP rebounds, Iran worries remain

Shares creep lower as BHP rebounds, Iran worries remain

A resumption of attacks between the US and Iran have put upward pressure on oil prices, dampening risk sentiment as investors weigh an extended energy shock.

Shares lift as rate-sensitive stocks continue higher

Shares lift as rate-sensitive stocks continue higher

Shares lift as rate-sensitive stocks continue higher

Shares lift as rate-sensitive stocks continue higher

The local mining sector continues to retreat from recent gains, but retail stocks, banks, real estate trusts and utilities have fuelled a bounce on the ASX.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Australian shares trim losses as NAB predicts rate cut

Australian shares trim losses as NAB predicts rate cut

The ASX has recovered some of its early dip after major bank economists predicted a change of direction for the Reserve Bank, but risk appetite remains subdued.

Australian shares drop as metals prices weigh on miners

Australian shares drop as metals prices weigh on miners

Investors have continued to rotate from miners into defensive stocks as reports of further attacks in the Middle East quash hopes of a US-Iran deal.

Investors flee to safety as business confidence wanes

Investors flee to safety as business confidence wanes

The ASX has closed lower after weakening risk sentiment prompted a flight to safety and as large caps in multiple sectors sold off.

Aussie shares bounce as rate hike fears ease for now

Aussie shares bounce as rate hike fears ease for now

Miners, energy stocks and banks have helped the ASX stage a relief rally after weak GDP results boosted the odds of the Reserve Bank keeping rates on hold.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Australian shares pare losses as mining stocks bounce

Australian shares pare losses as mining stocks bounce

Australian shares pare losses as mining stocks bounce

Australian shares pare losses as mining stocks bounce

The ASX has edged lower for a second session as concerns about Australia's economic growth and the ongoing Persian Gulf conflict unnerve investors.

Australian shares flat as Iran uncertainty continues

Australian shares flat as Iran uncertainty continues

Australian shares flat as Iran uncertainty continues

Australian shares flat as Iran uncertainty continues

Local tech stocks have rebounded strongly in an otherwise subdued session, as traders wait for economic data and signs of progress from US-Iran negotiations.

Deal hopes help Aussie shares end rocky week in front

Deal hopes help Aussie shares end rocky week in front

Deal hopes help Aussie shares end rocky week in front

Deal hopes help Aussie shares end rocky week in front

An expected ceasefire extension between the US and Iran has breathed life into Australia's stock exchange, with the conflict verging on its fourth month.

Shares drop and oil surges as US, Iran trade strikes

Shares drop and oil surges as US, Iran trade strikes

Shares drop and oil surges as US, Iran trade strikes

Shares drop and oil surges as US, Iran trade strikes

Miners, banks and IT stocks have dragged on the local bourse as renewed hostilities in the Persian Gulf rattle an already fragile US-Iran ceasefire.

Shares bounce on cool inflation data but risks remain

Shares bounce on cool inflation data but risks remain

Shares bounce on cool inflation data but risks remain

Shares bounce on cool inflation data but risks remain

Interest rate-sensitive stocks have forged ahead after a softening in headline inflation helped brighten an otherwise gloomy outlook for interest rates.

Australian shares advance on US-Iran deal optimism

Australian shares advance on US-Iran deal optimism

Australian shares advance on US-Iran deal optimism

Australian shares advance on US-Iran deal optimism

Oil prices have started the week sharply lower, boosting risk sentiment and local equities, led by miners, IT stocks and consumer discretionaries.

Australian shares end volatile week on positive note

Australian shares end volatile week on positive note

Australian shares end volatile week on positive note

Australian shares end volatile week on positive note

Late rebounds in banks and miners have helped the ASX edge higher despite looming worries about energy prices and global inflation.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Shares bounce on peace deal hopes, rate expectations

A surprise uptick in employment has reduced the likelihood of a June interest rate hike, adding fuel to a local relief rally sparked by Iran peace deal hopes.

Shares drop as rising inflation sparks broad sell-off

Miners and banks have weighed heavily after a spike in bond yields hinted at major concerns about resurgent price growth and its impact on the world economy.

Aussie shares rebound after Trump postpones new attack

The ASX rose 1.2 per cent in its best day of gains since May 6 after Donald Trump said he was scrapping plans for another attack on Iran.

Australian shares plunge to seven-week low

The Australian stock exchange has fallen to its lowest level since early April as surging oil prices and runaway price growth send jitters through bond markets.

Access five free articles per month

Subscription Options

Already a member? Sign in here

Aussie stocks down for four of past five weeks

More than a month of poor conditions and bad news have weighed on the ASX - and local investors don't have much to look forward to for the time being.

Banking bounce helps shares snap four-day losing streak

Investor uncertainty continues to weigh on market sentiment, but the local exchange has recorded its first positive trading session for the week.

Aussie shares log fourth session of losses, banks drag

Commonwealth Bank shares recorded their worst day in history after an earnings miss and new tax reforms have investors questioning its valuation.

Aussie shares wobble ahead of budget, oil surges again

Deteriorating US-Iran relations and concerns over flagged tax reforms weighed on the local share market, which has fallen in 15 of the past 19 sessions.

Aussie shares drop as ceasefire frays, CSL plunges

Local shares have slid after Donald Trump called Iran's peace offer "totally unacceptable" and a local biotech company downgraded its earnings guidance.

ASX endures worst session since mid-March as $43b wiped

The local bourse closed the week just up after a sharp sell-off on Friday erased several sessions of gains, as fighting reignited between the US and Iran.

Investment bank Macquarie posts second-highest profit

Macquarie Group has beaten expectations with a $4.8 billion annual profit, half of which the investment bank will return to shareholders.

Topics

Australia Economy, Business and Finance Financial Markets Market and Exchange Banking Commodity Markets Finance Investments

No opinion, no spin, no agenda.

Support AAP News

Already a member?
Sign in here