Tag: ASX
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Australian Markets Set to Open Flat as AUD Reaches New Highs on Spending Upswing
Australian Shares Set for a Flat Open Australian stocks are poised to advance cautiously at the open, with traders weighing a mix of domestic economic strength and global uncertainty. The ASX is expected to tread water in early trade, reflecting a cautious mood as investors digest recent data on household spending and the trajectory of…
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ASX Rises on Open as Iron Ore Stocks Lead, While Paramout Bid Rumors from Ellison Boost Sentiment
Australia’s Stock Market Opens Higher on Positive Broad-Side Momentum The Australian sharemarket kicked off the week on a firmer note, with the S&P/ASX 200 up in early trading as iron ore miners led gains and Wall Street provided a steady backdrop. Investors returned to risk assets with a cautious optimism, buoyed by steady U.S. market…
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ASX Climbs Higher as Larry Ellison Guarantees Paramount Bid
Australian shares edge higher as markets wake to steady signals The Australian sharemarket opened stronger, with the S&P/ASX 200 climbing about 0.4% in early trade, helped by gains in iron ore miners as investors focused on a steady start to the week on Wall Street. The index lifted around 30 points to hover near the…
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ASX climbs as Ellison guarantees Paramount bid, boosting market optimism
ASX opens higher on a buoyant mood The Australian stock market started the week on a firmer footing, led by gains in iron ore miners and a broad risk-on tone following a steady Wall Street session. The S&P/ASX 200 rose in early trade, signaling cautious optimism among investors as economic data and corporate developments shape…
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Five Things to Watch on the ASX 200 This Friday
Introduction: A Fragile, Watchful Fragment of the Week The ASX 200 eked out a modest gain on Thursday, closing at 8,588.2 points, as traders assessed domestic earnings, regional cues, and the fragility of global markets. With Friday’s session in sight, investors are scanning a handful of pivotal developments that could determine whether the benchmark can…
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Markets live: ASX set for a sharp rise as Wall Street climbs on rate-cut bets amid Optus outage woes
Markets rally as traders bet on a December rate cut Australian shares are poised for a strong session after a global wave of optimism swept through markets. Traders are positioning for a potential December interest rate cut, a move that has sent Wall Street higher and sparked renewed buying across the ASX. The prospect of…
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Markets Live: ASX Poised to Rise as Wall Street Bets December Rate Cut; Optus outage disrupts emergency calls
Markets weather mixed signals as ASX eyes a sharp rise Australian shares are set for a stronger session after a bounce in U.S. equities and renewed expectations that the Reserve Bank of Australia could follow global central banks with dovish moves. Traders are focusing on the latest economic data, corporate earnings, and the evolving path…
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ASX Set for Strong Start Ahead of Inflation Report
Australian shares poised for a strong session as inflation data looms The Australian sharemarket is set for a positive open as investors brace for the latest inflation figures. Local traders are closely watching how consumer prices in Australia will influence the Reserve Bank’s outlook, while global cues from a rallying Wall Street add to the…
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Markets live: ASX set for sharp rise as Wall Street bets on December rate cut amid Optus outage and fibre break disruptions
Markets heading higher as global cues optimistically point to a December rate cut Australian shares are primed for a strong session ahead, with local investors spotlighting a potential December interest-rate cut in the United States. The latest moves across Wall Street have traders pricing in a softer stance from the Federal Reserve, betting that policymakers…
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ASX set for strong start ahead of inflation report
ASX set for a strong start as inflation report looms The Australian shares are poised to rise at the open on Tuesday, with traders closely watching the release of the latest inflation data. Markets have been lifted by a rally on Wall Street, where the S&P 500 and other major indices posted gains for a…