Market updates


 European Natural Gas Prices Post Double-Digit Gain as Russian Gas Supply Concerns Mount, ANZ Bank Says

European Natural Gas Prices Post Double-Digit Gain as Russian Gas Supply Concerns Mount, ANZ Bank Says

August 12, 2024 07:31 PM AEST| By EODHD

European Natural Gas Prices Post Double-Digit Gain as Russian Gas Supply Concerns Mount, ANZ Bank Says

 Crude Oil Prices Notch First Weekly Gain Since Early July Amid Geopolitical Tensions, ANZ Bank Says

Crude Oil Prices Notch First Weekly Gain Since Early July Amid Geopolitical Tensions, ANZ Bank Says

August 12, 2024 07:05 PM AEST| By EODHD

Crude Oil Prices Notch First Weekly Gain Since Early July Amid Geopolitical Tensions, ANZ Bank Says

 Oil Edges Higher as Markets Brace for Iran Retaliation

Oil Edges Higher as Markets Brace for Iran Retaliation

August 12, 2024 05:50 PM AEST| By EODHD

Oil prices edged higher as markets continued to closely monitor geopolitical risks, with Iran’s retaliation against Israel in response to the killing of Hamas’s political leader believed to be imminen...

 Wesfarmers and ResMed Two ASX Shares to Watch

Wesfarmers and ResMed Two ASX Shares to Watch

August 12, 2024 04:11 PM AEST| By Team Kalkine Media

The Wesfarmers Ltd share price has surged 23.5% since the start of 2024. Meanwhile, ResMed CDI shares are currently just 4% shy of their,52-week high,. These movements suggest that both companies are worth keeping an eye on.,Wesfarmers Ltd (ASX: WES)...

 ASX 200 Climbs as JB Hi-Fi Reports Positive Earnings

ASX 200 Climbs as JB Hi-Fi Reports Positive Earnings

August 12, 2024 02:56 PM AEST| By Team Kalkine Media

The Australian sharemarket advanced at midday, continuing its recovery with the S&P/ASX 200 Index climbing 38.7 points, or 0.5%, to 7816.4. This upward movement follows a rebound on Wall Street, as global markets attempt to recover from last week’s s...

 Iron Ore Miners Face Pay Rise Bid From Australian Worker Unions

Iron Ore Miners Face Pay Rise Bid From Australian Worker Unions

August 12, 2024 01:06 PM AEST| By EODHD

(Bloomberg) -- Unions representing tens of thousands of workers in Australia’s major iron ore hub are preparing to negotiate potential wage rises with the biggest mining companies in the world, includ...

 ASX Set to Climb as Earnings Season Reveals Economic Health

ASX Set to Climb as Earnings Season Reveals Economic Health

August 12, 2024 10:15 AM AEST| By Team Kalkine Media

Headlines:,ASX Opening Higher:,The Australian sharemarket is set to open higher on Monday, with S&P/ASX 200 (ASX: XJO) futures indicating a 0.8% gain, following a strong rally in the previous session and amidst ongoing recovery from recent declines.,...

 ASX 200 Futures Point to a Positive Open, S&P 500 Ends Higher Amid Bargain Hunting

ASX 200 Futures Point to a Positive Open, S&P 500 Ends Higher Amid Bargain Hunting

August 12, 2024 10:08 AM AEST| By Team Kalkine Media

The ASX 200 futures are trading 59 points higher, up 0.76% as of 8:30 am AEST, indicating a strong start for the index (ASX:XJO).  In the U.S., the S&P 500 (NASDAQ:SPX) ended higher on Friday and remained largely unchanged for the week. Major benchma...

 Australia Shares Set to Rise at Start of Busy Earnings Week

Australia Shares Set to Rise at Start of Busy Earnings Week

August 12, 2024 07:51 AM AEST| By EODHD

Australia’s S&P/ASX 200 was set to rise at the start of a week packed with earnings reports by some of the country’s best-known companies. Continue reading View comments

 Rocket Lab Successfully Completes Latest Launch with Capella Space

Rocket Lab Successfully Completes Latest Launch with Capella Space

August 12, 2024 03:40 AM AEST| By Business Wire

The mission was the latest in a multi-launch contract with Capella Space to deploy a series of its Acadia satellites to low Earth orbit for its Earth-imaging constellation.MAHIA, New Zealand--(BUSINE...

 Top Australian Stock Gainers: A Detailed Overview

Top Australian Stock Gainers: A Detailed Overview

August 12, 2024 12:00 AM AEST| By Team Kalkine Media

In the latest trading session, several Australian stocks have stood out with impressive gains, reflecting strong market enthusiasm. Here’s a closer look at the top performers:,Summit Minerals Limited (ASX:SUM),Summit Minerals Limited has shown a sign...

 News Corp Weighs Options for Australian Video Business; Stock Gains

News Corp Weighs Options for Australian Video Business; Stock Gains

August 10, 2024 01:29 AM AEST| By EODHD

News Corp swung to a profit last quarter, boosted by growth in its real estate and book-publishing segments. Chief Executive Robert Thomson said the company was evaluating options for Australian video...

 ASX Sees Broad Rally, While QBE Ltd (ASX: QBE) Faces Decline

ASX Sees Broad Rally, While QBE Ltd (ASX: QBE) Faces Decline

August 09, 2024 12:36 PM AEST| By Team Kalkine Media

Australian shares experienced a broad rally shortly after the market opened, mirroring the positive sentiment from Wall Street. This upbeat movement followed the latest US jobless claims data, which eased concerns about a potential economic recession...

 Australian Shares Surge 1.04% as Wall Street Rallies on Positive Jobless Claims Data

Australian Shares Surge 1.04% as Wall Street Rallies on Positive Jobless Claims Data

August 09, 2024 12:15 PM AEST| By Team Kalkine Media

Highlights:,Australian,Shares Rise 1.04%,:,The S&P/ASX 200 index climbed 1.04% to 7,761.70, driven by technology stocks and positive US jobless claims data that alleviated recession concerns.,Top,Performers and Decliners,:,Life360 (ASX:360) surged 17...

 Animoca Brands (ASX: AB1) partners with Lamborghini (BIT: AML) to develop digital assets.

Animoca Brands (ASX: AB1) partners with Lamborghini (BIT: AML) to develop digital assets.

August 09, 2024 11:04 AM AEST| By Team Kalkine Media

Headlines:,Strategic,Partnership,:,Animoca,Brands Corporation Ltd (ASX: AB1) has partnered with,Automobili,Lamborghini (BIT: AML) to develop innovative digital automotive assets, combining,Animoca’s,Web3,expertise,with Lamborghini’s luxury brand appe...

 ASX Market Shifts as Bulls Push Higher; S&P 500 Records Its Best Day Since 2022

ASX Market Shifts as Bulls Push Higher; S&P 500 Records Its Best Day Since 2022

August 09, 2024 11:00 AM AEST| By Team Kalkine Media

Highlights:,US,Markets Surge,:,The S&P 500 recorded its best day since November 2022, with significant gains in tech stocks such as Broadcom (NASDAQ: AVGO), Intel (NASDAQ: INTC), and Nvidia (NASDAQ: NVDA), and notable jumps in Eli Lilly (NYSE: LLY) a...

 Newmont’s Trial of Underground 5G at Cadia Mine Delivers Strong Results

Newmont’s Trial of Underground 5G at Cadia Mine Delivers Strong Results

August 09, 2024 10:00 AM AEST| By Business Wire

Ericsson’s Next Generation Wireless connectivity enables safer miningPERTH, Australia--(BUSINESS WIRE)--#Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces it is expand...

 ASX 200 Futures Point to a Strong Start, U.S. Markets Rebound Sharply; Earnings in Focus for Newscorp, Life360, QBE, and Nick Scali

ASX 200 Futures Point to a Strong Start, U.S. Markets Rebound Sharply; Earnings in Focus for Newscorp, Life360, QBE, and Nick Scali

August 09, 2024 09:53 AM AEST| By Team Kalkine Media

Highlights,ASX 200 futures,are trading 81 points higher, reflecting a 1.06% gain as of 8:30 am AEST,,signaling,a robust opening for the Australian market. The rally follows strong overnight performances in U.S. markets, where key indices surged.,U.S....

 Lithium Royalty Corp. Reports Q2 2024 Results

Lithium Royalty Corp. Reports Q2 2024 Results

August 09, 2024 09:00 AM AEST| By Business Wire

Revenue increased by 85% year-on-year, driven by volume growth despite 72% year-on-year decline in spodumene concentrate prices Lower-cost business model contributed to positive Adjusted EBITDA for...

 Canva Unveils Refreshed Brand System Designed For Work

Canva Unveils Refreshed Brand System Designed For Work

August 09, 2024 05:19 AM AEST| By Business Wire

SYDNEY--(BUSINESS WIRE)--Canva, the world’s largest visual communication platform, today launched a refreshed brand system purpose-built for workplaces worldwide. The updated identity was designed to...

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