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Live: Tesla’s self-driving cars push up Nasdaq, while investors await all-important US jobs data

Live: ASX set to open flat ahead of the release of economic data

An extraordinary and thought-provoking read from our colleagues at Reuters about New Zealand’s economic data. It suggests the long term running-down of Stats NZ — the Kiwi equivalent of the Australian Bureau of Statistics — lead to a “data fog” that left the country’s central bank “flying blind”. Some of the key hits: NZ struggles...

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Live: ASX tipped to open lower, Qantas records large fall in profits

Live: ASX tipped to open lower, Qantas records large fall in profits

Qantas has also reached an in-principle agreement with the Flight Attendants’ Association of Australia (FAAA) on a number of pay claims. Qantas and the FAAA have both issued press releases about it this morning, so I’ll summarise both here. For context, in December 2023 the Albanese Government passed their ‘Same Job Same Pay‘ legislation which...

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Live: ASX set to open lower with Woolworths due to report its results

Live: ASX set to open lower with Woolworths due to report its results

1h agoTue 27 Aug 2024 at 9:38pm Market snapshot ASX 200 futures: -0.4% to 7,996 points Australian dollar: Flat at 67.92 US cents S&P 500: +0.2% to 5,626 points Nasdaq: +0.2% to 17,755 points FTSE: +0.2% to 8,345 points EuroStoxx: +0.2% to 519 points Spot gold: +0.3% to $US2,525/ounce Brent crude: -2% to $US79.80/barrel Iron...

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Live: Coles posts .1b full-year profit, citing stronger supermarket sales

Live: Coles posts $1.1b full-year profit, citing stronger supermarket sales

49m agoTue 27 Aug 2024 at 12:39am Market snapshot ASX 200: +0.16% to 8,097 points (live values below) Australian dollar: Flat at 67.71 US cents S&P 500: -0.3% to 5,616 points Nasdaq: -0.9% to 17,725 points FTSE 100: +0.5% to 8,327 points EuroStoxx 50: -0.3% to 4,396 points Spot gold: -0.04% to $US2,515/ounce Brent crude:...

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Live: ASX set to rise on Wall Street rally and the Fed greenlighting rate cuts

Live: ASX set to rise on Wall Street rally and the Fed greenlighting rate cuts

There’s a deluge of results this week – more than 20% of the ASX by our reckoning – including widely held stocks such as BHP, Woodside, Coles, Woolworths, Wesfarmers and Qantas. Monday: Regis Healthcare, Viva Energy, Bendigo and Adelaide Bank, NIB, Tyro Payments, Pilbara Minerals, Endeavour Group, Event Hospitality Tuesday: BHP, Woodside, Worley, Cooper Energy,...

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Live: Australian shares set to snap 10-day winning streak, Wall Street falls ahead of Powell’s rates speech

Live: Australian shares set to snap 10-day winning streak, Wall Street falls ahead of Powell’s rates speech

In a bid to get the federal government’s reforms to the Reserve Bank of Australia across the line, Treasurer Jim Chalmers has told the Coalition he would allow future governments to retain the power to overrule an interest rate decision by the central bank. As the ABC’s political reporter Isobel Roe explained to News Breakfast...

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Live: Tesla’s self-driving cars push up Nasdaq, while investors await all-important US jobs data

Live: ASX to open higher despite fresh warnings on Australia’s economy

5m agoWed 21 Aug 2024 at 10:41pm BOQ job cuts consultation will go until September 5 The bank just confirmed with ABC News that it started consulting on its 400 job cuts this week. This process will go until September 5. We’re still waiting to confirm if this process will include people offering themselves up...

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Live: Tesla’s self-driving cars push up Nasdaq, while investors await all-important US jobs data

Live: RBA minutes detail more about next rates decision

Yesterday we heard from oOH Media, Ampol, GWA Group, Iress, Sims, Bluescope, Suncorp, Lend Lease and GPT as part of the process where listed companies reveal their financial details for the past year — and make forecasts for the coming one. This isn’t an exhaustive list of ASX companies reporting this week, but here goes...

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