The ASX200 has closed at a new record high, boosted by cooler-than-expected inflation data that raises the chances of quicker rate hikes.
market and exchange
The ASX200 made its biggest daily gain in more than a year as lower-than-expected GDP growth signals the RBA's rate rises are having their intended effect.
The ASX200 closed down 0.9 per cent despite the Reserve Bank's decision to keep interest rates on hold at its final meeting of 2023.
The ASX200 had a strong afternoon, turning around its slight morning losses to close the day up 0.74 per cent.
The ASX200 was down 0.1 per cent at midday as choppy trading continues but November is on track to be index's second-best month of the year.
US indices have made their biggest gains since late April amid indications interest rate hikes may be at an end.
The local share market has fallen 1.4 per cent to close at its lowest level since early July after the Federal Reserve sounded hawkish on interest rates.
The Australian share market closed down 0.7 per cent to a five-week low, while the local currency had dropped under 64 US cents on a weak jobs report.
The local share market dropped 1.6 per cent after the US central bank chairman said interest rates needed to rise further.
The local share market has suffered its worst day of losses in 12 weeks, falling 1.6 per cent to close at its lowest level in two months.
The local share market has had its best day since April 11, climbing 0.9 per cent on a possible resolution to the US debt ceiling drama.
Better-than-expected US inflation figures are keeping Australian shares basically flat, despite big gains in the information technology and utilities sectors.
Better-than-expected US inflation figures has kept Australian shares basically flat, with growing concerns about the debt ceiling.
Local shares have collectively fallen 0.9 per cent after the Reserve Bank surprised the market with another rate hike.
The local bourse closed down 0.4 per cent for both the day and the week after days of quiet trading.
The ASX has finished up 0.3 per cent to close at its best level since February 16 after gaining ground for 10 out of the past 12 sessions.
The local share market at lunchtime was at its highest level since February 17 and on pace for its 10th green session out of the past 12.
The local share market has ended Tuesday on a high, turning around losses suffered ahead of the Easter break when the bourse snapped eight days of gains.
The Australian share market was higher at noon on Tuesday after turning around losses ahead of the Easter break, when the bourse snapped eight days of gains.
Australian shares are near all-time highs following the Reserve Bank's decision to keep interest rates unchanged after 10 consecutive hikes.
The local share market has finished up 0.9 per cent, hitting a seven-day high ahead of a momentous Federal Reserve meeting.
The local share market has suffered another day of heavy losses, dropping 1.4 per cent to finish at its lowest level since early November.
The ASX has finished higher for the day but dropped more than two per cent for the week after suffering its longest streak of weekly losses since the GFC.
The ASX has finished 1.5 per cent lower after banking contagion spread to Europe.
The local share market had its best day in two months, rising 0.9 per cent following three days of losses amid fears about the stability of US banks.
The local share market was up by 0.3 per cent at midday following an overnight rally on Wall Street fuelled by signs of easing US inflationary pressures.
The Australian Securities Exchange was down 0.6 per cent at noon following the weekend collapse of a major US financial institution, Silicon Valley Bank.
The Australian Securities Exchange has closed down 0.5 per cent following the weekend collapse of US banks Silicon Valley and Signature.
The local share market finished down 1.4 per cent, although the ASX200 managed to close just slightly above the key 7,000 level.
The local share market has finished down 2.3 per cent, its worst drop in five months, sending the benchmark index to an eight-week low.
The local share market was up 0.62 per cent at the close as another rate decision by the Reserve Bank looms.