Australian share futures were modestly higher on Thursday, as investors await a slew of company results reporting across the bourse. ASX futures were just 8 points, or 0.1 per cent, higher at 8am, suggesting the index will reset its closing record in the previous session. Source: https://www.afr.com/markets/equity-markets/asx-to-rise-wall-st-slips-on-january-cpi-miss-20250213-p5lbp1
A Federal Reserve interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday, according to updated market pricing. Futures markets shifted from the expectation of a June cut and possibly another before the end of the year to no… Read More »Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we’re not quite there yet’
Federal Reserve Chair Jerome Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge. Ending several years of speculation whether the Fed would join some of its global counterparts, including China, in developing a formal cryptocurrency like bitcoin or… Read More »Powell squashes the possibility that the Fed will develop its own digital currency
Federal Reserve chairman Jerome Powell said the US central bank doesn’t need to rush to adjust interest rates, again signalling that officials will be patient before lowering borrowing costs further. “With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not… Read More »Powell tells Congress Fed still in no rush to lower rates
Follow the February reporting season as it unfolds here, with dates for all the major ASX companies on the schedule and links to our expert coverage. The Australian Financial Review has compiled the dates for companies reporting in the financial year 2025 interim earnings season. The list gets updated daily with… Read More »AFR interim profit season calendar and results
Australian shares are set for modest opening gains after index bellwether Commonwealth Bank posting a better than expected profit in its half-year reporting. Australian share futures rose 4 points, or 0.1 per cent, to 8440 at 7.57am as futures responded to the positive earnings result from Australia’s largest bank. Futures… Read More »ASX to rise, CBA’s $5b profit beats forecasts
The S&P 500 posted a narrow gain on Tuesday as investors digested cautious commentary from Federal Reserve Chair Jerome Powell on interest rates. Concerns remain over the direction of the economy amid U.S. tariffs and the possible escalation of a global trade war. The S&P 500 added 0.03% to end at 6,068.50, while the Nasdaq… Read More »S&P 500 ekes out gain even as Powell urges caution on rates, tariffs weigh on markets: Live updates
Check out the companies making headlines in midday trading: McDonald’s — The fast-food giant jumped 5% following its earnings announcement. While adjusted earnings came in at $2.83 per share, in line with expectations, revenue of $6.39 billion fell short of the $6.44 billion LSEG consensus estimate. The company’s same-store sales growth of… Read More »Stocks making the biggest moves midday: McDonald’s, GameStop, On Semiconductor and more
The MAGA warriors call it Trump Derangement Syndrome – the inability of critics of Donald Trump to consider anything the US president does with an open mind. But while you’ll often see the term thrown around on social media, the last place you’d expect to see it is in markets.… Read More »Investors should beware Trumping at shadows over tariffs
Australia’s largest bond investors are piling into high-yielding state debt as budget blowouts induced by overly ambitious election promises and the threat of rating downgrades push up their borrowing costs. Rating agency S&P warned last week that state governments faced lower credit ratings for failing to rein in pandemic-era spending… Read More »There’s a reason why investors are flocking to fund Australian states