Latest news with #ASX200Index
AU Financial Review
03-07-2025
- Business
- AU Financial Review
These 10 assets pay double the RBA cash rate. But should you buy?
With the Reserve Bank expected to cut rates for a third time this year on Tuesday, readily available credit products with headline yields of as much as 10 per cent will look increasingly attractive to many investors. After all, the options for yield-hungry investors are dwindling. Returns from term deposits are marching ever downward, two-year Australian government bond rates have dropped 100 basis points to 3.18 per cent in a year, and the yield on the S&P/ASX 200 Index is trading near historic lows at 3.4 per cent.
AU Financial Review
12-06-2025
- Business
- AU Financial Review
Three small cap stocks that fundies tip are on the rise
As global equites flirt with record highs and investors shrug off the unpredictable nature of US President Donald Trump's trade policies, local fund managers are banking on interest rate cuts to push the smaller end of the sharemarket even higher. The Reserve Bank of Australia has already cut the cash rate twice this year to 3.85 per cent, with at least two more tipped by Christmas. Hopes for further easing, along with a trade truce between the US and China, propelled the S&P/ASX 200 Index to a fresh high on Wednesday.
AU Financial Review
05-06-2025
- Business
- AU Financial Review
ASX to slip, Tesla plunges 14pc as Musk-Trump feud heats up
Australian shares are set to track Wall Street's retreat ahead of the latest monthly jobs report that will fan speculation about the Federal Reserve's next round of interest rate cuts. ASX futures were pointing down 9 points, or 0.1 per cent, predicting the S&P/ASX 200 Index would extend the prior session's slight decline. Profit-taking hit US stocks in the final hours of trade ahead of Friday's all-important jobs report, with the S&P 500 and Nasdaq Indexes down 0.7 per cent in the final hour. Markets are expecting a fall in non-farm payrolls in May, to 126,000, after growth in March and April exceeded expectations. Unemployment is expected to remain steady at 4.2 per cent. Tesla also added to pressure after the stock tumbled almost 15 per cent, prompted by a heated feud between chief executive Elon Musk and Trump. Stocks had climbed earlier in the session after US President Donald Trump held the phone call with President Xi and said the two countries would resume formal trade negotiations. Market highlights ASX futures are pointing down 9 points or 0.1 per cent to 8544. All US prices are as of 3.43pm New York time. Top stories BHP considers return to nickel business with ultra-cheap mine project | The resources giant shut down local production of the commodity in the face of a surge in low-cost Indonesian production backed by Chinese investment last year. As Alex Waislitz prepares for a legal fight with his fiancee's sister, the Pratt family has thrown a spanner in the mix. | About 500,000 workers will be caught by Labor's new super tax if the $3 million threshold is not indexed. Only 64,000 will be hit if it is. Miners fight back in the Pilbara with cash and lawyers | Rio Tinto and BHP are pushing back against attempts to unionise the iron ore-rich region for the first time in 30 years.
AU Financial Review
28-05-2025
- Business
- AU Financial Review
Tax loss selling kicks off as dogs of the ASX come under pressure
As the end of the financial year approaches, there's a familiar culprit behind the selling in some of the sharemarket's biggest laggards: investors trying to lower their tax bill. At around this time every year, investors start dumping underperforming stocks to crystallise losses which can then be used to offset the capital gains made elsewhere. And with the benchmark S&P/ASX 200 Index up about 8 per cent for the fiscal year, there's an extra incentive to cash in.
AU Financial Review
20-05-2025
- Business
- AU Financial Review
Fundies tip five stocks to own in a trade war
Fund managers from Yarra Capital to GQG Partners say they have been busy buying up companies with resilient business models and those that were heavily sold off during an escalation in Donald Trump's trade war. Speaking at the Morningstar Investment Conference in Sydney on Tuesday, the stockpickers said the sharemarket had staged a remarkable recovery since the US president unveiled his sweeping 'liberation day' tariffs on April 2 that sent the S&P/ASX 200 Index into a correction. The benchmark gauge has since rebounded more than 12 per cent from its low on April 7.
