Tag: ASX
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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…
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Wall Street Rises, ASX Set to Bounce: Markets Eye U.S. Rate Cut Hopes
Markets rally as Wall Street closes higher on rate-cut optimism A wave of optimism swept through global equities as Wall Street closed the week on a brighter note, lifting hopes that U.S. interest rate cuts may come sooner rather than later. The Nasdaq, S&P 500, and Dow Jones all finished in the green, buoyed by…
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Wall Street Rises, ASX Set to Bounce: Australian Markets Eye Higher Open
Wall Street Rises, US Rate Cut Bets Lift Sentiment The mood across global equity markets improved as Wall Street turned higher, fueling optimism that the US Federal Reserve could start easing policy sooner rather than later. The rally on major indices lifted investor confidence and set the stage for a positive start to trading in…
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Strategic Investor Boosts Cobre Limited Exploration
Overview of the Agreement Cobre Limited (ASX: CBE) has announced a strategic investment agreement with Tribeca Investment Partners Pty Ltd (Tribeca) following the execution of a subscription agreement. Under the terms disclosed, Tribeca will subscribe for 40 million new fully paid ordinary shares in the company. The investment is aimed at accelerating Cobre’s exploration activities…
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WiseTech offices raided by AFP and ASIC in share trading probe
Overview: Authorities raid WiseTech offices amid trading allegations The Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC) have conducted a raid on a WiseTech Global office in Sydney. The action, executed under a search warrant, focused on documents related to alleged trading in WiseTech shares by co-founder Richard White and three…