ASX gets oil boost
A strong day for commodity stocks on further news of oil output cuts was not enough to lift the ASX to the 5500 level.
Vanessa Desloires writes on Business, Real Estate, Markets, News. Based in our Melbourne newsroom, Vanessa is a trainee journalist.
A strong day for commodity stocks on further news of oil output cuts was not enough to lift the ASX to the 5500 level.
Rising talk of fiscal reform and the end of QE has seen over the 10-year government bond yield surge from 1.908 per cent to 2.246 per cent in 10 days.
A strong start to the week for the ASX fizzled out as investors digested a better presidential debate performance by Donald Trump.
Australia's economy is in "bust" territory for just the second time in two decades, but that doesn't necessarily point to a hard landing, according to Citi.
Outside of the world of central bank, fund managers list the biggest risks to the market.
Investors should not underweight maligned European banks, Citi says, expecting improvement into 2017.
Investors are turning their attention to the US election, and analysts expect volatility in the lead-up.
The ASX shook off its negative start but failed to lift as investors turned cautious ahead of the US presidential debate.
Hedge funds are targeting retail investors who have crowded into the sharemarket under the "there is no alternative" premise.
The September roadblocks for the ASX are behind it, but strategists warn a strong rally is unlikely to follow.
Search pagination
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.