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US Federal Reserve Chairman Jerome Powell’s comment that the additional stimulus would be required and an intimation that global shutdowns may need to be reinstated sent the S&P 500 down another 1.5% and the Dow Jones 2.1%.
Australia’s S&P/ASX 200 (ASX: XJO) is expected to start trading down at first today, according to futures trading in Sydney. Here’s everything investors like you need to know about the local market on Wednesday.
Australia’s ASX 200 is expected to open slightly lower on Tuesday according to the Sydney Futures Exchange.
In recent years, it seems that there can’t be an investment opportunity without an acronym – but sometimes, it’s more than a bit of alphabetical fun. The hybrid securities world first got into the acronym craze, such that investors saw listed on the ASX such interesting offers as Sydney Airport’s SKIES (Sydney Kingsford Smith Interest…
Financial markets ended last week on another strong note with the USA’s S&P 500 up 1.7% on Friday and the ASX 200 (ASX: XJO) remaining weaker but improving 0.5%.
The Australian sharemarket and ASX 200 could open flat on Friday morning, according to futures contracts.
ASX shares are expected to open slightly lower on Wednesday according to the latest in SPI futures contracts. Here’s what stock market investors need to know.
The Australian share market and ASX 200 is expected to open higher on Tuesday with the SPI futures pointing to a positive open. Here’s what’s making news.
All over the share market, investors are stress-testing their dividends – although, until they see what their portfolio companies actually do with regard to dividends, this largely involves prudent recalibration of expectations. Take National Australia Bank, for example, which slashed its interim dividend from 83 cents to 30 cents, a drop of 64%. Westpac, ANZ…
The final week of April left investors around the world with a conundrum: to follow markets, or the economic data?
The Australian share market open and All Ordinaries index opened 3% lower on Friday following overseas markets downward. Here’s what’s happening…
Overseas on Wednesday reports suggest the US economy shrank at an annual rate of 4.8% in the first quarter, confirming the worst fears that the world’s largest economy is already in a recession. This was much worse than the 3.5% expected.