Closing Bell 23th August: Woolworths and Domino’s Star in ASX’s Best Performance Day
Despite tech sector woes, ASX saw its best day since July, bolstered by Woolworths’ profit gains and Domino’s surge, even amid announced job cuts.
closing bell
Closing Bell 22th August: US Banks Take a Hit, S&P Joins Moody’s in Downgrading Major Financial Institutions
Japan’s bond yield soars to a nine-year peak, while S&P downgrades major US banks. Meanwhile, China adopts measures to bolster the yuan amid economic challenges.
Closing Bell 21th August: Iress Takes a Dive, Premier Investments Surges
ASX dips as China’s credit tightening and Japan’s economic strain reverberate. Notable movers: Iress drops, Premier Investments climbs, and a2 Milk faces challenges in China’s market.
Closing Bell 18th August: Cryptocurrency Chaos, the SpaceX Effect and Rising Global Interest Rates
Amid global economic shifts, the Australian dollar’s rapid descent and Bitcoin’s plunge underscore the intricate dance of interest rates, Chinese economic strains, and investor sentiment.
Closing Bell 17th August: Liquidity Crisis in China, Zhongzhi Enterprise Group Faces Restructuring
Today’s financial landscape is marked by Asian market fluctuations, China’s economic challenges, and the Federal Reserve’s inflation concerns, impacting global economies and ASX earnings releases.
Closing Bell 16th August: Market Jitters, ASX Down Amidst Global Economic Uncertainties
ASX faced global pressures, amidst China’s economic shifts. Tech stocks, including WiseTech and Xero, led the downturn, while earnings reports stirred mixed reactions.
Closing Bell 14th August: China’s Property Woes, A Ripple Effect on Global Markets
China’s property slump sends shockwaves globally, affecting the Australian dollar and US Treasury yields, highlighting interconnected economic vulnerabilities and the ripple effects of market dynamics.
Closing Bell 11th August: Nick Scali and the Star Shines
Amid RBA’s housing crisis warnings, the Australian dollar wavers. Strikes threaten global LNG supply, while corporate earnings from Nick Scali to Newcrest Mining shape market dynamics.
Closing Bell 10th August: European Gas Spikes Ahead of Tonight’s US CPI Announcement
European gas prices soar due to potential Australian strikes; meanwhile, global markets await tonight’s anticipated US CPI release, highlighting economic sensitivities on two fronts.
Closing Bell 9th August: Australia’s Dollar and China’s Deflationary Pressures in Focus
Amid global economic unrest, the Australian dollar dips below US65¢, while China faces deflationary pressures. Noteworthy stock movements include CBA’s rise and InvoCare’s notable upswing.
Closing Bell 8th August – Hardie’s Rise vs. Myer’s Slide: The Day’s Market Dynamics Explained
Amid a subdued market day, James Hardie’s shares soared, while Myer stumbled. Concurrently, Chinese trade data sent ripples across Asian currencies, painting a complex economic picture.
Closing Bell 7th August – ASX drifts lower in quiet session
The ASX has a quiet day due to the Sydney bank holiday with volumes thinner than usual.