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Market updates
Apple Faces Potential Fine as EU Targets Big Tech with Digital Markets Act
November 06, 2024 11:21 AM AEDT| By Team Kalkine MediaHighlights,EU's Digital Markets Act could lead to a landmark fine for Apple.,Act targets anti-competitive practices in Big Tech to foster a fair digital marketplace.,Apple has,initiated,policy changes but may still face substantial penalties.,The Eur...
Piche Resources Ltd Advances Key Uranium and Gold Projects in Australia and Argentina
November 05, 2024 04:02 PM AEDT| By Team Kalkine MediaHighlights,Piche Resources shares progress on Ashburton and Argentina projects.,Focus on uranium and gold assets in high-demand regions.,Potential for significant contributions in global resource sectors.,Piche Resources Ltd has announced updates on...
Michele Bullock Advises Caution on Economic Decisions Ahead of U.S. Election Results
November 05, 2024 04:01 PM AEDT| By Team Kalkine MediaHighlights,Michele Bullock emphasizes,it’s,too soon to act on U.S. election implications.,Global risks like Ukraine and Middle East conflicts are also in focus.,Economic decisions will depend on future U.S. policies and their global impact.,Michele B...
ASX Market Update: RBA Maintains Rates, ASX Sectors Slip Amid Broader Declines
November 05, 2024 03:57 PM AEDT| By Team Kalkine MediaHighlights,ASX200 declines 0.4% as Reserve Bank holds rates steady.,Financial, IT, and Energy sectors experience notable drops.,Domino’s,,FireFly,Metals, and West African Resources face stock price declines amid company-specific developments.,The Aus...
Michele Bullock Signals Economic Risks Amid Rising Inflation
November 05, 2024 03:53 PM AEDT| By Team Kalkine MediaHighlights,Michele Bullock addresses potential economic risks with a focus on inflation.,Central bank policy,remains,flexible amid signs of sustained demand.,Tight labor market contributes to ongoing inflation concerns.,Michele Bullock, representing...
RBA Governor Maintains Firm Stance on Interest Rate Outlook
November 05, 2024 03:51 PM AEDT| By Team Kalkine MediaHighlights,RBA governor refrains from offering new rate guidance.,Focus,remains,on current restrictive monetary policy.,Potential future adjustments will be based on economic shifts.,Reserve Bank of Australia (RBA) Governor Michele Bullock has recent...
RBA Rate Outlook Softens as Core Inflation Holds Steady
November 05, 2024 03:41 PM AEDT| By Team Kalkine MediaHighlights,RBA keeps cash rate steady amid high inflation concerns,Markets see reduced likelihood of immediate rate cuts,Australian dollar stabilizes after recent rebound,The Reserve Bank of Australia (RBA) recently held its cash rate at 4.35 percent...
ASX Remains Calm Following RBA Decision on Cash Rate
November 05, 2024 03:38 PM AEDT| By Team Kalkine MediaHighlights,ASX stays steady after RBA holds cash rate at 4.35%.,S&,P/ASX 200 Index records a slight dip of 34 points.,RBA,remains,cautious about signaling rate cuts.,The Australian Stock Exchange (ASX) showed minimal reaction following the Reserve Ba...
RBA Holds Cash Rate Steady at 4.35% Amid Persistent Inflation Concerns
November 05, 2024 02:57 PM AEDT| By Team Kalkine MediaHighlights,RBA,maintains,cash rate at a 12-year high of 4.35% to combat inflation.,Australian economy sees steady growth but faces pressure from elevated services inflation.,Markets,remain,cautious,,anticipating,potential rate movements in early 2024...
ASX Slips as Market Awaits RBA Decision; MinRes Rebounds, Domino’s Faces Drop
November 05, 2024 02:37 PM AEDT| By Team Kalkine MediaHighlights,ASX falls amid global market caution and upcoming RBA rate decision.,Domino’s Pizza and Lifestyle Communities see major stock movement.,Mineral Resources recovers following recent company developments.,Australian shares have experienced a...
China's Services Sector Gains Momentum with Stimulus Push
November 05, 2024 02:15 PM AEDT| By Team Kalkine MediaHighlights,China's services sector posts fastest growth since July, aided by recent stimulus.,The Caixin China Services PMI reaches 52 in October, surpassing forecasts.,Consumer economy shows signs of revival, boosting market sentiment.,China’s servi...
Markets Recalibrate Amid Momentum Shift in US Presidential Polls
November 05, 2024 01:05 PM AEDT| By Team Kalkine MediaHighlights,Markets react to recent poll favoring Kamala Harris in Iowa.,US dollar and 10-year Treasury yields experience notable changes.,Bitcoin dips as investors adjust to shifting election expectations.,Recent polling data has driven a shift in ma...
RBA Faces Interest Rate Dilemma Amid Consumer Trends and Government Policies
November 05, 2024 01:01 PM AEDT| By Team Kalkine MediaHighlights,Inflation within RBA’s target prompts interest rate discussions,Government subsidies affect inflation, creating temporary relief,Core inflation,remains,a concern due to rising services prices,With Australia’s annual headline inflation fall...
Gold Holds Steady Amid U.S. Election Uncertainty and Upcoming Fed Decision
November 05, 2024 12:53 PM AEDT| By Team Kalkine MediaHighlights,Gold,remains,steady as the U.S. election draws near.,Federal Reserve rate decision expected to influence gold prices.,Precious metals, including silver, palladium, and platinum, see minor declines.,Gold prices held steady as investors prep...
Australian Market Dips as US Election Looms; MinRes Rises, Domino’s Pizza Declines
November 05, 2024 12:24 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 dips as markets await US election results and RBA’s rate decision.,Domino’s Pizza drops sharply following leadership news.,Mineral Resources rebounds after founder's future exit plan announcement.,The Australian share market is fac...
Oil Prices Surge as OPEC+ Delays Output Increase Amid Geopolitical Tensions
November 05, 2024 11:22 AM AEDT| By Team Kalkine MediaHighlights,Oil prices see,sharp,rise following OPEC+ production delay.,Heightened geopolitical risks add to price volatility.,US election and dollar weakness influence crude market.,In a significant shift, OPEC+ has postponed its planned increase in...
ASX Dips as Rate Decision Approaches, Key Stock Movements Take Spotlight
November 05, 2024 11:08 AM AEDT| By Team Kalkine MediaHighlights,ASX opens lower as investors await the Reserve Bank of Australia’s rate decision.,Technology stocks experience the steepest declines, with some standout company news.,Domino’s,and Mineral Resources lead movements following executive change...
ASX 200 Poised for Gains Amid Global Economic Events and Rate Decisions
November 04, 2024 07:26 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 anticipated to open higher amid global economic events.,Wall Street rebounds with tech-heavy Nasdaq leading gains.,Key global meetings and rate decisions in focus for the week.,The ASX 200 index is expected to open 0.51% higher, se...
ASX Market Update: Leadership Changes and Sector Moves Shape Performance
November 04, 2024 07:22 PM AEDT| By Team Kalkine MediaHighlights,Mineral Resources experiences leadership shake-up affecting stock value.,Utilities lead sector gains, while Energy and Materials see declines.,Rio Tinto and Ordell Minerals witness contrasting fortunes.,The ASX200 showed a modest increase...
ASX Market Recap: Leadership Changes Impact MinRes, Sector Highlights Emerge
November 04, 2024 07:15 PM AEDT| By Team Kalkine MediaHighlights,ASX200,closed up,, led by gains in IT and Utilities sectors.,Leadership shake-up affects Mineral Resources, with major stock impact.,Future Battery,Minerals,,Telix,Pharmaceuticals see notable moves in the green.,The ASX200 closed the day o...
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