Fund managers are downplaying Donald Trump’s tariff threats, saying the risk of stoking inflation will stop the president from rushing out destructive trade policies that could threaten global growth. In his first week, Mr Trump floated the prospect of a 10 per cent tariff levied on Chinese imports, a 25 per… Read More »Why these investors aren’t worried about Trump tariffs yet
For the first time in more than a year, the chance of a Reserve Bank of Australia interest rate cut is “live”. Whether that plays out in February comes down to a crucial inflation readout on Wednesday, which will dominate the economic agenda for the week ahead. Source: https://www.afr.com/policy/economy/crucial-inflation-data-to-determine-rba-rate-call-20250126-p5l7bk
The S&P 500 closed lower after hitting new records on Friday, as investors took some profit to end a solid week centered on President Donald Trump’s return to the White House. The benchmark index shed 0.3% to 6,101.24, reversing course after hitting a fresh intraday record earlier in the session. The Nasdaq Composite slipped 0.5%… Read More »S&P 500 slides on Friday as rally pauses, but stocks notch back-to-back weekly gains
Check out the companies making headlines in midday trading: Alcoa — Alcoa’s shares dipped 1.1% after CEO William Oplinger said on Wednesday that U.S. tariffs on Canadian imports would increase the cost of aluminum by $1.5 billion to $2 billion a year, and that increasing the cost of trade with Canada and… Read More »Stocks making the biggest moves midday: Alcoa, GE Aerospace, Electronic Arts, American Airlines and more
Santos is considering building a second production unit at its Darwin LNG plant, a move that would open up a pathway to international markets for gas from the vast Beetaloo Basin fields in the Northern Territory. The news, revealed by NT explorer Tamboran Resources on Thursday, comes as Santos weighs… Read More »Santos eyes Darwin LNG expansion with Beetaloo gas
The Australian sharemarket finished lower on Thursday, led by declines in the mining giants as tariff threats from US President Donald Trump continued to weigh on sentiment. The S&P/ASX 200 Index fell 0.6 per cent, or 51.1 points, to 8378.7, with nine of the sharemarket’s 11 sectors closing in the… Read More »ASX falls as miners weigh; Myer soars 6pc on merger vote; gold rallies
The Australian Foundation Investment Company says the ‘extreme’ valuation of CBA left it little choice but to take some profits. But our super giants aren’t stepping back. As Australia’s oldest and largest listed investment company, the Australian Foundation Investment Company’s $10 billion investment portfolio is loaded to the gills with… Read More »A fund did the unthinkable and cut its CBA stake. Time to follow suit?
The S&P 500 rallied to record highs on Thursday after President Donald Trump called for lower interest rates and cheaper oil prices. The broad market index added 0.53%, notching an all-time intraday high for the second straight session. The benchmark finished the day at 6,118.71, surpassing its prior all-time closing high of… Read More »S&P 500 closes at a new record, Dow jumps 400 points as Trump pushes for low rates, oil: Live updates
Citi has called time on the blistering rally in the US dollar and told clients that one of the best ways to trade an imminent pullback is to buy the beaten-up Australian currency. The greenback had surged 5 per cent since Donald Trump won the presidential election in early November,… Read More »Is it time for investors to pile back into the beaten-up $A?
Check out the companies making headlines in midday trading. Netflix — The streaming giant soared nearly 12% to an all-time high on the heels of better-than-expected results in the fourth quarter. Netflix reported earnings per share of $4.27 on revenue of $10.25 billion. Analysts polled by LSEG forecast $4.20 per share… Read More »Stocks making the biggest midday moves: Netflix, Johnson & Johnson, Oracle, Ford and more