Yesterday
Lithium mine closures just ‘tip of the iceberg’
UBS is the latest broker to slash its lithium forecasts, warning that more projects need to close or pause production to end the collapse in prices.
- Alex Gluyas
This Month
S&P 500, $A, bitcoin rally after Powell cements rate pivot
US stocks were higher after the Federal Reserve boss said the time “has come” to cut interest rates. $A nears US68¢. Bitcoin tops $US64,000. Tesla, Nvidia pace tech.
- Updated
- Timothy Moore
ASX to slip, Wall St pulls back as Powell awaited
Australian shares are set to open lower. Shares fell in New York as Fed speakers pushed back against the market’s aggressive rate cut expectations.
- Updated
- Timothy Moore
Pengana tips this tiddler to grow into a ‘multibillion-dollar’ stock
Portfolio manager Jeremy Bendeich explains why he’s betting big on titanium, and explains the potential behind Brazilian Rare Earths.
- Updated
- Joanne Tran
‘Would be a disaster’: nervous short-sellers brace for iron ore at $US100
The Asian hedge funds targeting Australia’s largest mining stocks are looking on anxiously after the steelmaking ingredient staged a rapid rebound this week.
- Alex Gluyas
ASX to rise, US stocks rally as path to rate cut widens
Australian shares are set to open higher. The S&P 500 advanced after jobs data and Fed minutes cemented a pivot to rate cuts in September.
- Updated
- Timothy Moore
Why now’s not the time to jump back into BHP
Australia’s mining giants’ share prices have fallen more than 20 per cent this year, but Morningstar says they are still yet to reflect the risk from China.
- Alex Gluyas
ASX to slip as Wall St’s rally runs out of steam
Australian shares are set to open down. S&P 500 modestly lower after eight-day advance. Gold resets record. Copper steadies.
- Updated
- Timothy Moore
ASX to rise, Wall Street extends winning streak
Australian shares are set to open higher. US shares rose for an eighth session amid expectations the Fed is poised to pivot to rate cuts. Oil slumps.
- Updated
- Timothy Moore
ASX to rise, US shares advance modestly on CPI data
Australian shares are set to open higher. The S&P 500 closed with its fifth consecutive gain with Fed rate cut bets intact. Oil, gold ease. Iron ore drops.
- Updated
- Timothy Moore
Gas traders rush for cover as Ukraine attack sparks supply fears
Traders are closely watching Ukraine’s incursion into Russia’s Kursk region because it is near a key gas-transit point.
- Priscila Azevedo Rocha
‘Carnage’ in steel markets to sink iron ore below $US90
Analysts can’t understand what is holding up the price of Australia’s key export and Westpac says the market is ignoring key fundamentals.
- Alex Gluyas
Wall Street edges higher as July’s CPI report awaited
US shares posted modest gains in choppy trading. Larry Summers called for a regulator review of Monday’s VIX spike. Bitcoin hovers near $US60,000.
- Updated
- Timothy Moore
ASX to rise, Wall St rallies as recession fears fade
Australian shares are set to open 1.1pc higher. US jobless claims data eases outlook worries. Gold above $US2400/oz. Oil eyes $US80/bbl. Bitcoin reaches for $US60,000.
- Updated
- Timothy Moore
ASX to slip, Wall St’s rally falters as volatility persists
Australian shares are set to edge down. US stocks reversed early gains as crosscurrents continue and volatility persists. Bullock speech at midday.
- Updated
- Timothy Moore
Red5 launches $138m block trade; Euroz Hartleys on ticket
Shares were priced at 0.335¢ a pop – a 5.94 per cent discount to the five-day volume-weighted average price.
- Sarah Thompson, Kanika Sood and Emma Rapaport
ASX to slip, Wall St rises as dip buyers emerge after rout
Australian shares are set to open lower on late New York pullback. Meta, Nvidia pace tech. VIX falls below 27. US 10-year yield rises. Bitcoin bounces.
- Updated
- Timothy Moore
US equities drop as buyers hold back
The pace of selling gathered momentum as the session progressed in New York, as moves to pare losses proved fleeting.
- Updated
- Timothy Moore
Atlassian falls 17pc as US jobs data flashes recession risk
All three US equity benchmarks fell after July’s jobs report missed expectations and triggered worries the Fed is behind the curve in shifting to rate cuts.
- Updated
- Timothy Moore
US stocks plunge, BoE cuts rates
Shares closed sharply lower in New York after data pointed to slower growth. Earlier, the Bank of England from a 16-year-high.
- Updated
- Timothy Moore
