Today
- Live
- Markets Live
ASX flat, CSL on course for biggest drop this year
Shares steady; immunoglobulins unit boosts CSL earnings; Seek hit by job ads fall; Orora knocks back Lone Star’s bid; NBN losses deepen. Follow updates here.
- 11 mins ago
- Andrew Hobbs, Sarah Jones, Cecile Lefort, Joshua Peach, Tom Richardson and Joanne Tran
US eyes Iran attack; Musk interviews Trump; Airtrunk’s $20b tax test
Read everything that’s happened in the news so far today.
- 16 mins ago
ASX to rise; Wall Street awaits inflation data
Wall Street struggled for direction before key US inflation data as the return of geopolitical risk put a rocket under oil and gas prices.
- Updated
- Andrew Hobbs
Meet Canberra’s best and worst stockpickers (one got returns of 64pc)
From investments in lithium to Fortescue, disclosures made by parliamentarians give at least a glimpse of whose portfolios are up – and whose are down.
- Joshua Peach
Yesterday
- Opinion
- Chanticleer
Why the RBA’s rates warning won’t mean much to investors
Andrew Hauser says it’s a risk to listen to “false prophets” on interest rates. But those in the market have little choice but to take a position as a crucial turning point looms.
- James Thomson
Guzman y Gomez in ‘striking distance’ of joining ASX 200
The Mexican fast-food chain has a good shot at joining the major benchmark next month, potentially attracting millions in new investment.
- Sarah Jones
JB Hi-Fi rallies; CFMEU jail warning; A luxury home agent speaks
Read everything that’s happened in the news so far today.
ASX climbs as consumer stocks rally; Beach sinks 13pc
Shares advance; JB Hi-Fi flags special dividend; Aurizon announces $150 million buyback; Beach Energy plunges into loss; CAR Group revenue jumps. Follow here for more.
- Timothy Moore, Joanne Tran, Cecile Lefort, Alex Gluyas and Sarah Jones
Why this fundie is betting big on Macquarie Group
K2’s George Boubouras is not worried about the recent market turmoil or the US economy, instead he’s betting on mid-caps and Australia’s biggest investment bank.
- Cecile Lefort
This Month
ASX to rise as earning season sheds light on health of economy
Traders will also look at unemployment figures to be released this week as an indicator of whether the Reserve Bank is preparing to cut – or raise – rates.
- Cecile Lefort
- Opinion
- Sharemarket
Time to panic or the correction we had to have?
Investors’ hope for a Goldilocks scenario all came unstuck last week. But rather than succumb to hysteria, it’s better to recalibrate risk appetite.
- Stephen Miller
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
Market mayhem | PwC tax saga | Stutch’s biggest stories
On a special episode James and Anthony trawl through the greatest hits of the Financial Review’s outgoing editor-in-chief Michael Stutchbury, and look at the sell-off that had global markets in turmoil.
It’s been a brutal week on the sharemarket. Now come the aftershocks
Strategists have warned that Friday’s relief rally could be short-lived, despite better-than-expected jobs data in the US soothing some economic anxieties.
- Alex Gluyas
ASX rallies, but drops 2pc on the week
Shares rally; Whitehaven Coal given legal nod for Narrabri; NewsCorp to sell Foxtel; QBE posts $1.2b profit; Life360 ups guidance; Nick Scali profit slides. Follow updates here.
- Updated
- Timothy Moore, Cecile Lefort, Joanne Tran and Alex Gluyas
Why this week’s market drama may be only halfway done
A week of immense panic on global markets has ended with an uneasy calm and big questions about what comes next.
- James Thomson
- Opinion
- Chanticleer
Macquarie’s Viktor Shvets’ lesson from ‘mini heart attack’ on markets
Was the market rout – and rebound – a sign of how fragile markets are, or proof they are actually less risky? Viktor Shvets’ answer might surprise you.
- Updated
- James Thomson
Foxtel for sale; Viktor Shvets’ market lesson; Sydney home eyes record
Read everything that’s happened in the news so far today.
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
L1 Capital shorts CBA as cracks emerge
The hedge fund has become the latest to take the so-called “widow-maker” trade against Australia’s largest bank.
- Updated
- Joshua Peach
