Market updates

Global Scam Epidemic: Trillions Lost in 2024, Says Anti-Scam Alliance
November 08, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights,Scammers stole over US$1 trillion globally in 2024, affecting both developed and developing nations.,A staggering 70% of,scam,victims do not report their losses.,Cybersecurity must improve, as trust in online systems continues to erode.,Sc...

Bitcoin Reaches Record High Amid Interest Rate Cuts and Political Optimism
November 08, 2024 01:42 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin reaches a new all-time high of over $76,000 USD.,Surge driven by recent interest rate cuts from the Federal Reserve.,Positive sentiment surrounding the potential for a friendlier crypto environment under a Trump presidency.,Bitcoin...

How Global Stimulus Measures and Rate Cuts Impact Australian Stocks
November 08, 2024 01:34 PM AEDT| By Team Kalkine MediaHighlights,Australian shares are rising due to global interest rate cuts and China's stimulus signs.,Tech stocks lead the charge, with BHP and gold miners,benefiting,from economic trends.,Afterpay,-owner Block Inc faces a decline despite increased pr...

Trump Administration's Potential Impact on Healthcare Policies and Pharma Oversight
November 08, 2024 12:37 PM AEDT| By Team Kalkine MediaHighlights,Trump’s win could bring shifts in healthcare policies and drug pricing.,Robert F. Kennedy Jr.’s involvement hints at a disruptive health agenda.,Changes may affect the FDA, M&A oversight, and drug pricing approaches.,With Donald Trump’s re...

Block Inc. Faces Market Dip Despite Strong Quarterly Performance
November 08, 2024 11:10 AM AEDT| By Team Kalkine MediaHighlights,Block Inc. reports a 19% profit,increase, but,shares decline.,Revenue reached $3.37 billion in the September quarter.,US-listed shares face pressure from unmet market expectations.,Block Inc. (NYSE: SQ), the owner of popular payment platfo...

Aussie Stocks Up on China Stimulus; Mixed Results for Block, ANZ
November 08, 2024 10:57 AM AEDT| By Team Kalkine MediaHighlights,ASX rises as China's potential stimulus boosts market sentiment.,Block Inc,misses,earnings expectations,,impacting,stock performance.,ANZ reports an 8% decline in annual profits amid strong banking competition.,Australian shares have surge...

Market Update: Trump Enthusiasm Boosts ASX as Energy Leads, Real Estate Lags
November 07, 2024 04:54 PM AEDT| By Team Kalkine MediaHighlights,Trump victory sparks global market reactions; ASX rises slightly.,Energy sector performs well; Real Estate sector impacted by rate sensitivity.,Sigma-Chemist Warehouse merger receives ACCC approval, boosting Sigma shares.,The recent US pre...

Australian Dollar Rebounds Amid Hopes for China’s Economic Stimulus Measures
November 07, 2024 04:11 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar recovers, surpassing US66¢ mark.,Chinese stimulus speculation supports global currency movements.,Potential Fed rate cut influences the dollar’s outlook.,The Australian dollar (A$) saw a significant rebound, climbing past...

China’s Iron Ore Imports Rise in October, Boosting Global Demand Outlook
November 07, 2024 04:06 PM AEDT| By Team Kalkine MediaHighlights,China’s iron ore imports in October increased by 4.9%.,Total imports reached over 103 million metric tons for the month.,Imports for the first ten months of 2024 amounted to 1.023 billion tons.,China’s demand for iron ore continues to show...

ASX Rises as Mining Stocks Climb on China Stimulus Hopes Amid Mixed Market
November 07, 2024 03:54 PM AEDT| By Team Kalkine MediaHighlights,ASX gains slightly, led by energy and mining sectors on China stimulus hopes.,Banking sector mixed as rate-sensitive stocks face pressure.,Sigma Healthcare and,Neuren,post significant gains following positive developments.,Australian stock...

Federal Reserve Independence Faces Potential Shift Under Trump Administration
November 07, 2024 02:10 PM AEDT| By Team Kalkine MediaHighlights,Federal Reserve's independence questioned amid Trump’s economic policy stance.,Trump’s view on influencing Fed’s interest rate decisions sparks debate.,Fed’s autonomy historically tied to stable economic policy and inflation control.,The i...

U.S. Stocks Rally to Record Highs Following Trump’s 2024 Presidential Win
November 07, 2024 02:05 PM AEDT| By Team Kalkine MediaHighlights,U.S. stocks reach record highs with major indices surging.,Tesla, JPMorgan Chase, and Wells Fargo see significant gains.,Bitcoin soars past $76,000 amid expectations of relaxed regulation.,U.S. stock markets experienced a strong rally on W...

ASX Slips as Property Sector Pulls Back Amid Mixed Results
November 07, 2024 12:50 PM AEDT| By Team Kalkine MediaHighlights,ASX edges lower due to declines in,property,sector despite gains in other sectors.,National Australia Bank posts mixed results, while big miners show slight advances.,Sigma Healthcare soars on regulatory approval for a key merger.,Australi...

APRA Seeks Industry Feedback on Adjustments to Reinsurance Framework
November 07, 2024 12:48 PM AEDT| By Team Kalkine MediaHighlights,APRA proposes updates to reduce regulatory strain on insurers.,Focus on enhancing access to diverse reinsurance options.,Industry consultation aimed at refining reinsurance requirements.,The Australian Prudential Regulation Authority (APRA...

Australian Shares Fall as Miners and Banks Slip; Healthcare Gains
November 07, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,Australian shares dip as miners and banks retreat post-U.S. election.,Notable drops in major banks and gold stocks impact ASX performance.,Positive gains for Sigma Healthcare, Steadfast, and,Neuren,Pharmaceuticals.,Australian shares experi...

ACCC Approves Sigma Healthcare and Chemist Warehouse Merger with Conditions
November 07, 2024 11:26 AM AEDT| By Team Kalkine MediaHighlights,ACCC approves Sigma-Chemist Warehouse merger, ensuring competition.,Consumers,retain,choice in pharmacy models.,Merger expected to keep product supply stable.,The Australian Competition and Consumer Commission (ACCC) has given the green li...

Australian Shares Edge Up Amid Mixed Bank Results and Record Wall Street Gains
November 07, 2024 11:19 AM AEDT| By Team Kalkine MediaHighlights,Australian shares rose as energy stocks offset property losses.,Major banks saw mixed performance, with National Australia Bank down following annual results.,Sigma Healthcare surged on regulatory approval for its Chemist Warehouse partner...

US Dollar Surges as Trump Gains Early Lead in Key States
November 06, 2024 02:52 PM AEDT| By Team Kalkine MediaHighlights,US dollar reaches highest level since July amid,initial,election results,Demand rises for trades influenced by Trump’s economic policies,Major global currencies experience declines alongside dollar strength,The US dollar experienced a sign...

Australian Dollar Drops as US Presidential Election Results Influence Market
November 06, 2024 02:50 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar declines amid early US election results.,$A records its sharpest fall since August,,impacted,by US dollar strength.,Market,anticipates,further movement based on election outcome.,The Australian dollar ($A) recently experi...

ASX Gains as US Dollar Strengthens Amid Election Influence
November 06, 2024 02:49 PM AEDT| By Team Kalkine MediaHighlights,Australian shares rally, led by consumer discretionary sector,US dollar strengthens as early election results favor Trump,Nasdaq rises with notable gains in tech stocks,The Australian share market saw a broad rally on Wednesday afternoon,...

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