Australian shares nudge record before edging lower
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.
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.
Australia's share market has erased most of its previous day's gains, resuming its slide as US "Liberation Day" tariffs take effect and crush confidence.
Australian shares have rebounded strongly after US President Donald Trump delayed his latest round of tariffs as the US-China trade war escalates.
The Australian share market has finished the week down after a tariff delay wasn't enough to offset worries over an escalating US-China trade war.
Australian shares have posted their best daily gain for 2025, stemming losses over three consecutive sessions since the announcement of US tariffs.
Global equities are selling off after US tariffs came in more hawkish than expected, sending dread through markets and global growth expectations.
The Australian share market has closed lower but recovered from an early bloodbath after worse-than-expected US tariffs spooked investors.
Equity markets are a sea of red following US President Donald Trump's "Liberation Day" tariff announcements and their likely impact on global growth.
Australian shares have resumed their downward spiral after China hit back against US tariffs, and market researchers suggest further volatility is ahead.
Australian shares are heading towards a second straight quarter of losses for the first time since 2022 as incoming tariffs increase the risk of a US recession.