ASX poised to slip, $A ready to run
Local shares are poised to open slightly lower, following cautious trading on Wall Street. $A may retest recent high.
Local shares are poised to open slightly lower, following cautious trading on Wall Street. $A may retest recent high.
Shareholders' desire for cash today could come at the expense of tomorrow's growth, writes BAEP's Julian Beaumont.
There appear to be compelling bargains out there, but people are still not picking them up.
​Reduced expectations for another US rate hike this year helped drive down the dollar to its lowest in more than 2-1/2 years.
Listed property relocation startup Updater has raised $50 million and is aiming to grow its market share to 35 per cent in the next few years.
Investors are poised to be showered with the largest amount of cash ever paid from dividends in a single month.
Local shares appear set to edge higher ahead of the July housing finance data. ASX futures up 16pts.
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A potential US debt limit extension deal and rising oil prices are underpinning positive sentiment. ASX futures up 13 points.
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