ASX poised to bounce on budget
ASX futures are pointing to a 0.4 per cent advance at the open. $A at lowest since first week of January. Iron ore steady.
Commodity investors needn't fear Fed
Raw materials perform best when the US central bank is hiking rates, according to Goldman Sachs.
Nikkei flirts with 20,000
Nader Naeimi can't ignore it any longer after Japanese stocks added more than $US210 billion in value in less than a month.
Pimco sees rising 10-yr US yield
The 10-year US Treasury yield may climb to 2.75 per cent to 3 per cent over the "medium term'', according to Pimco.
S&P;, Nasdaq hit record highs
The S&P; 500 and the Nasdaq trimmed gains after touching record highs for the second straight day. Apple tops $US800b mark.
Tax breaks for social housing investors
Investors are being lured into social housing with tax incentives, new planning regimnes and new bonds backed by rents.
Retail 'verging on recession'
Economists fear the $300 billion retail sector may be verging on recession after sales dipped again in March.
September Fed rate hike could derail equity rally
Ellerston's global macro team is betting US interest rate rises will surprise the market.
Markets Live: Bank tax talk sparks $14b rout
A softish trading update by CBA combined with talk of a new levy on banks sparked heavy selling in the major banks, dragging the ASX to a lo...
ASX led lower by $14b banks sell-off
Talk of a new tax on the big banks and an underwhelming CBA trading update triggered a vicious sell-off in the big four lenders.
