Australian shares ride Wall Street’s coat-tails higher
Global tailwinds have swept up the local bourse, despite worries Australia's economic soft landing will lead to interest rate hikes in 2026.
Global tailwinds have swept up the local bourse, despite worries Australia's economic soft landing will lead to interest rate hikes in 2026.
A gloomy inflation outlook from the Reserve Bank has further dampened hopes of interest rate cuts, dragging on confidence and the Australian bourse.
A potential end to the longest US government shutdown in history has buoyed investor spirits, supporting a rebound from last week's sell-off.
The local bourse has edged higher on the eve of the Reserve Bank's Melbourne Cup Day meeting, settling after reduced rate-cut hopes weighed on sentiment.
Australia's share market is within striking distance of its highest close after its best day in two weeks, as investors look past US-China trade jitters.
A lift in expectations of an interest rate cut have provided a springboard to send Australian equities to new highs, after weeks of consolidation.
Only Australia's raw materials sector has managed to close higher as the local bourse faded in a sluggish trading session.
A weak session on Wall Street and slumping commodity prices have provided a gloomy backdrop for the last session of the week as local equities edge lower.
A slump in Australian miners has dragged the bourse lower heading into the weekend, as investors took profits after a run up in commodity prices.
Gold and Bitcoin have reset their record highs and Australia's share market could do the same this week as investors position for a bullish fourth quarter.
Strong commodity prices have counterbalanced other losses in a sluggish start to the week, which is set to be a quiet one for macroeconomic events and data.
Australian shares have more than wiped this week's gains ahead of a key US interest rate decision, with most local sectors trading lower.
September continues to be a challenging month for Australia's share market which is heading towards a third straight week of losses.
Banks and the health care sector have helped Australian shares claw back some of the week's losses as investors look for catalysts to energise markets.
BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.
Australia's top 500 publicly traded companies are now worth more than $2.9 trillion, as major benchmark indexes closed at their highest ever levels.
Investors have shrugged off the previous week's gloom to send Australian equities to their best-ever close as rate-sensitive stocks led the bourse higher.
Continued strength in the mining sector and hopes of incoming interest rate relief have helped lift the Australian stock market to fresh highs.
Glencore says it will keep its primary listing in London, shelving a possible move to New York.
Israel and Iran's escalating conflict has lifted oil prices and energy stocks, but the resulting hike in inflation expectations is weighing on other sectors.
Banks and energy stocks have helped lift the local bourse to record highs, but continued growth will hinge on the outcome of US-China trade talks.
A trade truce between the world's two largest economies helped send Australian shares to new heights, but an afternoon sell-off shows investors remain wary.
Escalating conflict between Israel and Iran has sent markets lower, prompting fears of a broader Middle East conflict and heightened inflation risks.
The Australian share market is at three-month highs after a positive session, shrugging off global trade tensions and ongoing geopolitical risks.
Australia's banks have helped push the local stock market higher as the nation's most valuable company notches a share price record.
Australian shares have edged slightly higher amid trade talks between the world's two largest economies, but a deal on tariffs is yet to come.
The Australian share market has rallied alongside its Asian counterparts as glimmers of hope appear on the horizon of the US-China trade war.
The Australian share market has continued its march higher and is within reach of its value before "Liberation Day" US tariff announcements.
Australian shares are on track to finish the shortened week higher, as US tariff headlines settle down and trading volumes ease ahead of the Easter break.
A development in the US-China tariff war has nudged Australian shares higher with the White House carving out smartphones, computers and other electronics.
Equities and commodities have whipsawed at the whims of erratic US trade policy but worrying signs are emerging in the plumbing that holds markets together.