Market updates
Victoria’s Startup Scene Thrives: LaunchVic’s 30X30 Program Welcomes High-Growth Scaleups
February 19, 2025 02:15 PM AEDT| By Team Kalkine MediaHighlights,LaunchVic’s,30X30 program selects 11 scaleups with potential to achieve unicorn status by 2030.,The program has helped past cohorts raise over $600 million in funding.,Selected companies span industries like healthcare, gaming, cybersecuri...
Australian Wage Growth Slows to Three-Year Low: Impact on Markets and Economic Outlook
February 19, 2025 02:06 PM AEDT| By Team Kalkine MediaHighlights,Australian wage growth slowed to 3.2%, the lowest since 2022.,Both private and public sector wages saw declines in growth rates.,The Reserve Bank of Australia,remains,watchful despite the slowdown.,Australian wages increased at their slowe...
New Zealand's Central Bank Cuts Rates Significantly to Support Economic Recovery
February 19, 2025 01:26 PM AEDT| By Team Kalkine MediaHighlights,The Reserve Bank of New Zealand (RBNZ) reduces benchmark rate by 50bps to 3.75%.,The central bank signals,additional,rate cuts could be implemented throughout 2025,RBNZ's approach contrasts with more cautious moves by other central banks.,...
Whyalla Steelworks Faces Administration as South Australian Government Takes Action
February 19, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights,South Australian government steps in to take control of,Whyalla,steelworks.,GFG Alliance plans to sell,Tahmoor,coal mine to raise funds.,Calls for swift action to address financial challenges and unpaid debts.,The South Australian governme...
Trump Signals Potential 25% Tariffs on Automobiles, Pharmaceuticals, and Semiconductors
February 19, 2025 12:10 PM AEDT| By Team Kalkine MediaHighlights,U.S. President suggests new 25% tariffs on key industries, announcement expected by April 2.,Potential tariffs could,impact,automakers, chip manufacturers, and pharmaceutical companies.,The move follows,previous,tariffs on steel and alumin...
Lithium and Coal Market Dynamics Navigating Sectoral Transitions
February 19, 2025 11:00 AM AEDT| By Team Kalkine MediaLithium and Coal Market Dynamics Navigating Sectoral Transitions
ASX 200 Futures Steady, S&P 500 Hits Record Close as Earnings Season Unfolds
February 19, 2025 10:49 AM AEDT| By Team Kalkine MediaHighlights:,S&P 500 Records a New High,– The index closed at a record level following a late-session rally, with resource and value stocks leading the gains.,Investor Sentiment Reaches Multi-Year Highs,– Bank of America's Global Fund Manager Survey r...
"Overly Confident": Careful Bullock Skeptical of RBA Implementing Numerous 25 Basis Point Cuts
February 19, 2025 10:30 AM AEDT| By Team Kalkine MediaHighlights,RBA Cuts Rates,– A 0.25 basis point reduction after 13 months of stability.,Cautious Approach,– Future cuts depend on economic data.,Market Response,– Banks adjust, speculation rises.,The financial sector constantly watches central bank po...
ASX Market Opening: A Steady Wednesday Anticipated as Australian Investors Navigate Mixed Signals | February 19, 2025
February 19, 2025 08:30 AM AEDT| By Team Kalkine MediaHighlights:,The Reserve Bank of Australia reduces rates while maintaining a cautious stance.,Major ASX-listed companies, including NAB and Goodman Group, release earnings reports.,Global market fluctuations add to uncertainty in the Australian financ...
RBA’s Next Move: Why Future Rate Cuts May Be Slow and Cautious
February 18, 2025 03:58 PM AEDT| By Team Kalkine MediaHighlights,RBA is expected to take a cautious approach to further rate cuts.,Tight,labor market and fiscal policies may slow the easing process.,Global central bank trends, including the US Fed, could influence decisions.,The Reserve Bank of Australi...
Greens Push for Stamp Duty End and Reinsurance Expansion Amid Rising Natural Disasters
February 18, 2025 03:45 PM AEDT| By Team Kalkine MediaHighlights,Greens propose ending stamp duty on home and car insurance to relieve cost burdens.,Reinsurance pool expansion to cover all natural disasters, with fossil fuel companies contributing.,New risk maps and insurance premium monitoring plan int...
ASX Faces Pressure as Interest Rate Decision Weighs on Markets
February 18, 2025 03:44 PM AEDT| By Team Kalkine MediaHighlights,ASX extends losses after RBA’s rate cut decision,Banking and consumer discretionary sectors under pressure,Australian dollar sees slight uptick amid market reaction,Australia’s share market faced another day of declines on Tuesday as inves...
Australian Bonds Poised for Strong Performance Amid Expected Rate Cuts
February 18, 2025 03:41 PM AEDT| By Team Kalkine MediaHighlights,Reserve Bank of Australia (RBA),anticipated,to implement two rate cuts in 2025.,Gradual easing expected due to economic uncertainties and labor market conditions.,Australian bonds positioned for potential outperformance against global coun...
How the RBA's Upcoming Rate Decision Could Impact the Australian Market
February 18, 2025 02:34 PM AEDT| By Team Kalkine MediaHighlights,A potential interest rate hold by the Reserve Bank of Australia (RBA) may cause fluctuations in the Australian dollar.,Consumer, retail, banking, and property sectors could face significant market reactions.,Pepperstone's,Chris Weston sugg...
Hedge Funds Drive Surge in Tech Stocks: The Largest Since 2021
February 18, 2025 02:24 PM AEDT| By Team Kalkine MediaHighlights,Hedge funds lead the way,in,a significant increase in tech stock investments.,Software and semiconductor sectors see the largest buying spree in years.,Lower-cost generative AI models in China may accelerate global tech adoption.,Hedge fun...
Nomura’s Bold Strategy: Aussie Dollar Set for a Strong Recovery
February 18, 2025 01:28 PM AEDT| By Team Kalkine MediaHighlights,Nomura bets on the Australian dollar to recover by March 18.,US-China tariffs and global risk sentiment play key roles in Nomura's strategy.,Short-term risk for US dollar to boost Australian currency’s prospects.,Nomura (TYO:8604) has take...
Market Decline Continues with Real Estate and Energy Stocks Under Pressure
February 18, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights,Property group (,ASX:DXS,) and energy giant (ASX:WPL) contribute to market losses.,(,ASX:HMC,) sees a major gain with an increase in assets under management.,Investors closely,monitor,the Reserve Bank of Australia’s potential rate cut.,The...
Australian Markets Stay Cautious as RBA Decision Looms
February 18, 2025 12:11 PM AEDT| By Team Kalkine MediaHighlights,Investors await Reserve Bank of Australia's rate decision, with a 90% probability of a cut.,S&P/ASX 200 dips slightly but,remains,near its 52-week high.,Materials,sector leads early gains, while gold recovers amid tariff concerns.,Australi...
ASX 200 Slips as (ASX:BHP) and (ASX:DXS) Weigh; (ASX:HUB) Surges Over 9%
February 18, 2025 11:18 AM AEDT| By Team Kalkine MediaHighlights,Market Retreat:,The S&P/ASX 200 fell 0.2% despite an expected positive open, with the Australian dollar slipping to US63.51¢.,Sector Performance:,Real estate stocks led the declines, while (,ASX:BHP,) dropped 0.7% after announcing its lowe...
ASX 200 Set to Rise as European Stocks Reach Record Highs: BHP, Hub24 Earnings in Focus
February 18, 2025 11:09 AM AEDT| By Team Kalkine MediaHighlights,European Stock Market Surge:,European indices closed at record highs, led by a sharp rally in,defense,stocks amid increased government spending commitments.,ASX 200 Futures Gain:,Australian market poised for a positive start, with ASX 200...
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