Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 24,117.59 -165.52 (-0.68%) S&P500: 2,699.63 -23.43 (-0.86%) AUD/USD: 0.7344 -0.0048 (-0.65%) ASX SPI futures (September contracts): 6,127 (-11) 1. US stocks slumped after another rough session on Chinese markets yesterday, as rising trade tensions continue to weigh on investor sentient. With continued weakness in […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard. Dow: 24,252.80 -328.09 (-1.33%) S&P500: 2,717.07 -37.81 (-1.37%) AUD/USD: 0.7413 -0.0001 (-0.01%) ASX SPI futures (September contracts): 6,099 (-56) 1. US stocks slumped as markets weighed the fallout from reports that the US is planning to block Chinese investment in American technology firms. Efforts by […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 24,580.89 +119.19 (+0.49%) S&P 500: 2,754.88 +5.12 (+0.19%) AUD/USD: 0.7440 +0.0060 (+0.81%) ASX200 SPI futures (September contracts): 6,180 (+13) 1. Global stock markets were steady over the weekend, with gains underpinned by energy stocks after oil prices rose in the wake of the OPEC […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 24,987.47 -103.01 (-0.41%) S&P 500: 2,773.87 -5.79 (-0.21%) AUD/USD: 0.7425 -0.0016 (-0.22%) ASX200 SPI futures (June contracts): 6,154 (+35) 1. Volatility continued in oil markets to start the week, as prices rose sharply to offset Friday’s heavy falls. Ahead of this Friday’s OPEC meeting, […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,092.0 -118.0 (-0.47%) S&P 500: 2,779.42 -3.07 (-0.11%) AUD/USD: 0.7443 +0.0002 (+0.03%) ASX200 SPI futures (June contracts): 6,100 (unchanged) 1. The ASX200 will follow a weaker lead from global markets when it opens this morning, after US stocks dipped slightly to end the week. […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,175.31 -25.89 (-0.10%) S&P 500: 2,782.49 +6.86 (+0.25%) AUD/USD: 0.7472 -0.0118 (-1.42%) ASX200 SPI futures (June contracts): 6,058 (+33) 1. Euro gets poleaxed: The European Central Bank said its $US3 trillion bond-buying program will end in December. The ECB also signaled steady rates through […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,201.20 -119.53 (-0.47%) S&P 500: 2,775.63 -11.22 (-0.40%) AUD/USD: 0.7579 -0.0001 (-0.01%) ASX200 SPI futures (June contracts): 6,022 (-5) 1. Hawkish Fed: The US Fed raised interest rates by 25 basis points as expected, and signaled another two rate increases are on the cards […]
6 things Australian traders will be talking about this morning
Markets

Household budgets remain in focus as Australian consumers stay cautious

The Westpac—Melbourne Institute consumer confidence index edged slightly higher in June. Views towards household finances remain below their long-run average, while views toward the broader economy are more upbeat.. The results also provided some evidence that the Sydney housing market is re-calibrating amid ongoing price declines. Australian consumers remain cautiously […]
Household budgets remain in focus as Australian consumers stay cautious
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,320.73 -1.58 (-0.01%) S&P 500: 2,786.85 +4.85 (+0.17%) AUD/USD: 0.7575 +0.0003 (+0.04%) ASX200 SPI futures (June contracts): 6,047 (-8) 1. Global stocks traded flat as the US Fed’s two-day interest rate meeting got underway, with markets expecting the central bank to hike rates by […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Stocks inched higher Monday as markets shook off a contentious trade feud between the US and its closest allies over the weekend at a G7 meeting in Quebec. The 10-year Treasury yield ticked higher ahead of an unprecedented US-North Korea summit and a Federal Reserve meeting later this week. The […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,241.41 +95.02 (+0.38%) S&P 500: 2,770.37 -1.98 (-0.07%) AUD/USD: 0.7626 -0.0041 (-0.53%) ASX200 SPI futures (June contracts): 6,054 (-8) 1. US stocks were mixed overnight ahead of the G7 summit in Quebec, as this week’s tech-led rally came to an end. After opening at […]
6 things Australian traders will be talking about this morning
Markets

BHP is set to benefit from a bidding war for its shale oil assets

BHP now has competing bidders for the entirety of its US shale oil portfolio. Macquarie analysts say that could drive the sale price above their initial forecasts of $US8-10 billion. BHP could be in line for an extra capital boost, as the tender process for its shale oil assets grows […]
BHP is set to benefit from a bidding war for its shale oil assets
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,146.39 +346.41 (+1.40%) S&P 500: 2,772.35 +23.55 (+0.86%) AUD/USD: 0.7668 +0.0050 (+0.66%) ASX200 SPI futures (June contracts): 6,054 (+30) 1. US Stocks rose again overnight, with the Dow Jones industrial average cracking 25,000 for the first time since late May. US Treasury yields also […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 24,799.98 -13.71 (-0.06%) S&P 500: 2,748.80 +1.93 (+0.07%) AUD/USD: 0.7621 -0.0024 (-0.31%) ASX200 SPI futures (March contracts): 6,010 (+10) 1. It’s GDP day: Australia’s economic report card for the March quarter will be released by the ABS at 11:30am AEST. And economists are forecasting […]
6 things Australian traders will be talking about this morning
Markets

Consumer confidence slides again as house prices, energy costs weigh on outlook

Views towards current household finances fell to the lowest level in eight weeks. Despite the falls, the sub-indexes for sentiment towards both financial and economic conditions remains above their long-term average. The ANZ-Roy Morgan consumer confidence index ended May on a weaker note, posting back-to-back falls to end the month. […]
Consumer confidence slides again as house prices, energy costs weigh on outlook