Market updates

Wellcome Trust Chief Projects Low Interest Rates Won't Return Soon
November 15, 2024 11:33 AM AEDT| By Team Kalkine MediaHighlights,Wellcome,Trust’s chief predicts no return to low interest rates seen pre-2022.,Higher rates expected to,impact,asset valuations and private equity.,Wellcome’s,strategic bond issuance highlights foresight in long-term funding.,The chief inv...

ASX Set for a Positive Open Following Stable US Inflation Data and Mining Sector Updates
November 14, 2024 05:19 PM AEDT| By Team Kalkine MediaHighlights,ASX poised for a higher open following steady inflation news from the US.,Orica Ltd reports robust financials with significant earnings growth.,De Grey Mining Ltd sees increase in Hemi Gold Project resource estimate.,The Australian stock m...

Australian Market Rises as Tech and Banking Rally, Mining Mixed
November 14, 2024 04:31 PM AEDT| By Team Kalkine MediaHighlights,ASX closes higher as technology and banking sectors gain momentum.,Xero shines with impressive earnings growth, boosting tech sector.,Mining giants BHP and Fortescue Metals see declines amid lower iron ore prices.,The Australian stock mark...

Seek Ltd Offers to Acquire Xref for A$41M, Board Backs the Deal
November 14, 2024 03:30 PM AEDT| By Team Kalkine MediaHighlights,Xref Board endorses Seek’s acquisition proposal.,Offer price of 21.8 cents per share values Xref at A$41 million.,Xref directors unanimously recommend shareholders approve the deal.,Australia’s leading job advertisement platform, Seek Ltd...

NSW Approves HumeLink Project to Strengthen Regional Power Network
November 14, 2024 02:58 PM AEDT| By Team Kalkine MediaHighlights,NSW approves the HumeLink project to support Snowy 2.0 power transmission.,Project brings 1,600 construction jobs and $6.3 billion in regional investment.,Transgrid will lead the project, addressing community and environmental concerns.,Th...

Tech Surge and Banking Gains Propel ASX Higher Amid Market Adjustments
November 14, 2024 02:18 PM AEDT| By Team Kalkine MediaHighlights,Technology and banking sector gains lifted the ASX.,Major iron ore drop impacts mining stocks.,Mixed performance across companies in spotlight.,The Australian stock market experienced a lift on Thursday, driven by technology and banking se...

Copper Market Uncertain Amid Trade Policies and Global Manufacturing Struggles
November 14, 2024 02:12 PM AEDT| By Team Kalkine MediaHighlights,Copper price forecast lowered amid trade policy uncertainty and China stimulus concerns.,Elevated tariffs and weak global manufacturing sentiment pose risks to copper demand.,China’s stimulus may not suffice to lift copper demand amidst tr...

Shell’s Legal Victory in The Hague Highlights Shifting Climate Policy Landscape
November 14, 2024 01:49 PM AEDT| By Team Kalkine MediaHighlights,Dutch appeals court overturns Shell's carbon reduction mandate, citing government responsibility.,Ruling reflects the complex role of courts in setting climate goals for corporations.,COP29 underscores global dialogue on fossil fuel transi...

Tech and Bank Gains Propel ASX; Nufarm Surges Amidst Mixed Earnings
November 14, 2024 12:30 PM AEDT| By Team Kalkine MediaHighlights,Australian sharemarket rises on gains in tech and banking sectors.,XRO climbs 6.4% on strong earnings, boosting the tech sector.,NUF surges 10% despite a dip in annual earnings.,The Australian sharemarket saw positive momentum as the S&P/A...

Australian Stocks Climb as Tech Sector Shines; Xero Up, Orica Down
November 14, 2024 11:32 AM AEDT| By Team Kalkine MediaHighlights,Australian shares opened with gains, boosted by technology sector performance.,XRO rose 5% following impressive earnings growth.,ORI faced a decline despite reporting solid annual results.,Australian shares experienced a positive opening,...

Will Bitcoin's Momentum Continue After Trump’s Crypto Support?
November 13, 2024 05:36 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin's price surged after President-elect Donald Trump’s endorsement of crypto.,Market eyes future regulatory moves amid Trump's focus on broader policies.,Concerns linger about the pace of crypto legislation in the US.,The recent Bitco...

AGM Season: A Crucial Time for Shareholder Engagement and Corporate Planning
November 13, 2024 04:14 PM AEDT| By Team Kalkine MediaHighlights,AGMs serve as essential forums for shareholder and company engagement.,Executives discuss key resolutions, future goals, and respond to shareholder queries.,IR Department's guidance ensures a successful AGM process for companies.,Annual Ge...

How US Dollar Surge Affects Australian Dollar and Commodity Markets
November 13, 2024 03:50 PM AEDT| By Team Kalkine MediaHighlights,US dollar gains impact global financial markets.,Australian dollar slips near three-month low.,Commodities, especially gold, face downward pressure.,The recent surge of the US dollar is creating significant waves across financial markets,...

Is Apple Facing EU Crackdown on Geo-Blocking? Snapchat's AI Bot Stirs Debate
November 13, 2024 02:52 PM AEDT| By Team Kalkine MediaHighlights,Apple urged to address geo-blocking on its digital services in the EU.,EU,initiative aims to create consistent access across the digital market.,Snapchat’s AI bot triggers,concerns,over privacy and teen safety.,The European Union has forma...

China Expands Stimulus Amid U.S. Trade Tensions, Australian Markets Set to Gain
November 13, 2024 02:50 PM AEDT| By Team Kalkine MediaHighlights,China increases economic support to counter slowing growth and U.S. trade challenges.,U.S. trade policies could,impact,China’s economy, with Australia potentially filling trade gaps.,China’s new stimulus efforts target local debt, stock ma...

How the US Election Outcome Impacts the Gold Market Outlook
November 13, 2024 01:06 PM AEDT| By Team Kalkine MediaHighlights,Gold dipped with a Republican sweep and stronger US dollar.,North American gold ETFs saw notable outflows.,Rising bond yields and strong dollar hint at possible gold price pullback.,The US election results have played a pivotal role in sha...

Crypto Demand Soars Post-US Election, Bitcoin & Memecoins Hit Record Highs
November 13, 2024 12:57 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin hits new highs, driving total crypto market cap to US$3 trillion.,Memecoins like DOGE experience rapid growth amid broader market enthusiasm.,Institutional interest in crypto continues to rise, reinforcing its mainstream appeal.,Th...

Australian Shares Decline as Financials, Mining Sectors Face Losses
November 13, 2024 12:41 PM AEDT| By Team Kalkine MediaHighlights,Australian shares decline as major banks and miners fall.,Commonwealth Bank, Westpac Banking, and ANZ see notable drops.,James Hardie and Aristocrat Leisure experience mixed outcomes.,Australian shares are experiencing a downturn as major...

Trump’s Policies Extend Australian Rate Cut Expectations to September 2025
November 13, 2024 12:06 PM AEDT| By Team Kalkine MediaHighlights,Australian rate cut timeline extended to September 2025 due to US policy influences.,US Treasury yield increases impact Australian market rates and dollar value.,Australian three-year yield reaches four-month high as dollar weakens.,Money...

Australia's Wage Growth Slows in Q3 as Public Sector Surpasses Private Sector Increases
November 13, 2024 11:50 AM AEDT| By Team Kalkine MediaHighlights,Australia’s wage index sees 0.8% growth in the September quarter.,Annual wage growth slips below 4% for the first time since mid-2023.,Public sector wage growth surpasses private sector for the first time since 2020.,Australia's wage growt...

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