Latest news with #businessreporters
ABC News
8 hours ago
- Business
- ABC News
Live updates: Aussie dollar rises above 65 US cents as RBA rate cut predicted for July
Australia's currency rose above 65 US cents overnight as weak GDP figures pushed up the chances of a RBA rate cut in July. Meanwhile, new figures show mining exploration investment in Australia is at its lowest level in years. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
ABC News
3 days ago
- Business
- ABC News
Live updates: Wall St ends flat after volatile session, ASX set for slight gain
A series of social media posts from the White House sent Wall Street down, then up then down again — only to end Friday's session flat. Futures trading on the ASX has priced in a marginal rise this morning ahead of Wednesday's important GDP data. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
ABC News
28-05-2025
- Business
- ABC News
Live market updates: Nvidia shares rise in extended trade, Wall Street and European stocks end in red
Shares in Nvidia rose 4 per cent in extended trading on Wall Street as the impact of US chip export restrictions was less than some analysts had feared. ASX futures point to a modest gain at the open despite US and European stocks ending in the red. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
ABC News
26-05-2025
- Business
- ABC News
Live market updates: European tariff reaction, market awaits inflation read to inform next RBA interest rate cut
European markets have reacted to a sharp shift in US tariffs. Locally our market is awaiting new data on inflation that will inform when the next RBA interest rate cut is likely to occur. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
ABC News
21-05-2025
- Business
- ABC News
Markets live updates: ASX set to follow Wall Street falls, US government bonds continue sell-off
Markets were rattled overnight as the US bond sell-off deepened, reflecting investor concerns over Donald Trump's "big, beautiful bill". The Australian share market is expected to follow the negative lead from Wall Street. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
