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Latest news: Financial Markets
Aust shares hit nine-week high after dovish RBA minutes
Australian shares closed up nearly 0.9 per cent, reaching their highest level since April while the local currency plunged after the release of the RBA minutes.
Jun 20, 2023
Australian shares up again to close at seven-week high
The local bourse has finished at its best level since May 1 after six straight days of gains as "FOMO traders" rush to catch up with the bulls.
Jun 19, 2023
Australian shares rally for best gains in nine weeks
The local share market closed higher for its fifth straight session, rising 1.1 per cent for its best day since April 11, to finish the week up 1.8 per cent.
Jun 16, 2023
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ASX up despite hawkish Fed pause, hot local jobs report
The local share market has finished up 0.2 per cent, while the Australian dollar is trading more than 68 US cents for the first time since February.
Jun 15, 2023
Australian shares rise as miners shine, CSL drags
The local market finished up 0.3 per cent as moderating US inflation diminished the chance of a Fed rate this week, but CSL was serving as a major drag.
Jun 14, 2023
Aust shares edge higher as tech climbs again
The local share market has finished up 0.2 per cent ahead of a busy week of risk events headlined by the Federal Reserve meeting.
Jun 13, 2023
Australian shares suffer third straight week of losses
The local share market has finished up 0.3 per cent for the day as hopes grew for a pause in US rate hikes, but still closed the week down.
Jun 09, 2023
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Aust shares drop as high rates weigh on property, tech
The ASX200 has closed down 0.26 per cent following a surprise overnight rate hike from the Bank of Canada that emphasised how far rates might rise.
Jun 08, 2023
Australian shares dip after rate hike, weak GDP readout
The local share market has closed down 0.2 per cent following the latest interest rate hike and underwhelming gross domestic product figures.
Jun 07, 2023
Australian market rallies as risk appetite returns
The local share market has had its best single-day performance since early April, finishing up 1.0 per cent ahead of Tuesday's RBA meeting.
Jun 05, 2023
Aust shares climb after US resolves debt ceiling drama
The local share market finished the day 0.5 per cent higher, although it closed the week down 0.1 per cent.
Jun 02, 2023
Australian share market edges lower in quiet trading
Shares on the Australian Stock Exchange have finished down 0.1 per cent, with small gains for the major miners and mostly modest losses for the big banks.
May 30, 2023
Aust shares drop 1.1pct, close at eight-week low
The local share market has suffered its biggest loss since March 20 as the US debt ceiling talks drag on with no end in sight.
May 25, 2023
Aust shares fall for third day amid US debt deadlock
The local bourse has dropped 0.6 per cent to hit a five-day low as debt ceiling talks continue in the US, with no sign of an imminent resolution.
May 24, 2023
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Australian shares flat as US debt talks reach stalemate
The local bourse has had another quiet day, with a drop in the materials sector and a rise in financials.
May 23, 2023
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Topics
Australia
Financial Markets
Market and Exchange
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