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ASX rises on dovish comments from Fed chair

ASX rises on dovish comments from Fed chair

Australian shares rose on Thursday as global markets took their lead from dovish comments made by Federal Reserve chairman Jerome Powell.

  • by William McInnes

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'Welcome news': Wall Street surges as Fed hints at slower interest rate hikes
World markets

'Welcome news': Wall Street surges as Fed hints at slower interest rate hikes

Wall Street has surged after the Fed chief suggested interest rates will rise slower than thought next year.

  • by Marley Jay
8@eight: Wall Street rallies, setting up the ASX for strong gains
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8@eight

8@eight: Wall Street rallies, setting up the ASX for strong gains

What happened overnight and what's ahead for the ASX.

  • by Kyle Rodda
'Our job is to prepare for the worst': Bank of England says extreme Brexit could be worse than the GFC
World markets

'Our job is to prepare for the worst': Bank of England says extreme Brexit could be worse than the GFC

The Bank of England says Britain risks suffering an even bigger hit to its economy than during the global financial crisis if it leaves the EU in a worst-case Brexit scenario in four months' time.

  • by David Milliken, Huw Jones & William Schomberg
The dinner in Argentina that could shape the world's economic destiny
Opinion
Trade

The dinner in Argentina that could shape the world's economic destiny

Donald Trump and China's Xi Jinping will dine together in Buenos Aires on Saturday - and it's making a lot of people very nervous.

  • by Stephen Bartholomeusz
'My gut tells me more than anybody else's brain can': Trump has regrets about his choice of Fed chief
World markets

'My gut tells me more than anybody else's brain can': Trump has regrets about his choice of Fed chief

The President hand-picked Jerome Powell to lead the Fed. He has some regrets about his choice.

  • by Philip Rucker and Josh Dawsey
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Wall Street reverses loss after trade remarks
World markets

Wall Street reverses loss after trade remarks

Wall Street reverses its losses after White House economic adviser Larry Kudlow said an upcoming meeting between US President Donald Trump and his Chinese counterpart is an opportunity to "turn the page" on a trade war.

8@eight: ASX set for flat start after choppy Wall Street session
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8@eight

8@eight: ASX set for flat start after choppy Wall Street session

What happened overnight and what's ahead for the ASX.

  • by Kyle Rodda
Bitcoin's crash looks like a real currency crisis
Opinion
Cryptocurrencies

Bitcoin's crash looks like a real currency crisis

Bitcoin's horrific year doesn't just look like a bubble bursting; it looks more like a currency under attack.

  • by Lionel Laurent
Financials lift ASX to biggest gain this month
Sharemarket

Financials lift ASX to biggest gain this month

The Australian sharemarket recorded its biggest percentage gain so far this month amid increased global optimism.

  • by William McInnes
Perfect storm: Why the price of oil is diving
Opinion
World markets

Perfect storm: Why the price of oil is diving

The price of oil continues to skid - and there are three main reasons why.

  • by Mohamed El-Erian