Market updates
_09_13_2024_08_43_57_380614.jpg)
Gold Prices Surge to Record Highs, Boosting ASX Gold Stocks
September 13, 2024 06:42 PM AEST | By Team Kalkine MediaGold prices reached an all-time high on Friday, following the European Central Bank’s (ECB) interest rate cut and speculation of a modest Federal Rese...

US Treasuries Rise Amid Economic Concerns and Anticipation of Federa...
September 13, 2024 06:41 PM AEST | By Team Kalkine MediaUS Treasury markets experienced a surge in demand, particularly for shorter-dated notes, as investors evaluated the possibility of an interest rate cu...

ECB Rate Cuts Expected as Inflation Calms, According to Simkus
September 13, 2024 06:40 PM AEST | By Team Kalkine MediaThe European Central Bank (ECB) appears set to continue reducing borrowing costs, although the timing of future moves will largely depend on economic...

ASX Market Update: Banks Weigh on Gains, Gold Sets Record, Namoi Cot...
September 13, 2024 06:38 PM AEST | By Team Kalkine MediaThe Australian sharemarket saw mixed movement as losses in banking stocks counteracted gains in the energy and mining sectors. Despite early momentum,...

Xi Jinping Emphasizes Achieving China's 5% Growth Target Amid Econom...
September 13, 2024 06:36 PM AEST | By Team Kalkine MediaPresident Xi Jinping has urged Chinese government officials to focus on meeting the country's annual growth target, as concerns over the momentum of t...

Strong Commodities Drive ASX Gains as Gold Reaches Record High
September 13, 2024 06:35 PM AEST | By Team Kalkine MediaAustralian shares continued to advance on Friday, bolstered by rising commodity prices, although banking stocks exerted some downward pressure. The S&...

ASX Materials Surge Amidst Global and Domestic Shifts
September 13, 2024 06:07 PM AEST | By Team Kalkine MediaThe ASX200 closed the day up by 0.3%, reaching 8,099.9 points, with notable movements across various sectors. The materials sector led the gains, risi...

ASX 200 Closes Higher as Materials Sector Leads, Big Banks Weigh on...
September 13, 2024 05:20 PM AEST | By Team Kalkine MediaThe ASX200 index wrapped up the trading week with a gain of 0.3%, closing at 8,099.9 points. While the broader market saw positive momentum, a drag fr...

Supply Shocks Jolt Commodity Markets, Australian Miners Surge
September 13, 2024 04:13 PM AEST | By Team Kalkine MediaThe commodity markets were shaken this week by a series of unexpected supply shocks, driving a sharp reversal in the fortunes of Australian mining sto...
_09_13_2024_06_13_20_704278.jpg)
Macquarie Reassesses Major Miners Amid Iron Ore Price Collapse
September 13, 2024 04:12 PM AEST | By Team Kalkine MediaMacquarie Group (ASX: MQG) has recently revised its outlook on key Australian mining giants, including BHP Group (ASX: BHP), Rio Tinto (ASX: RIO), Min...

Star Entertainment Faces Scrutiny from Casino Regulator Amid Financi...
September 13, 2024 04:10 PM AEST | By Team Kalkine MediaStar Entertainment Group (ASX: SGR), one of Australia's largest casino operators, has come under increased scrutiny from the New South Wales Independe...

Melbourne Airport's Third Runway Gets Approval: A Milestone for Vict...
September 13, 2024 03:41 PM AEST | By Team Kalkine MediaThe long-anticipated third runway at Melbourne Airport has finally received approval, a monumental step set to reshape air travel in the region. The $...

Australian Banks Reverse Early Gains Amid Market Fluctuations
September 13, 2024 03:40 PM AEST | By Team Kalkine MediaAfter a promising start to the trading day, financial stocks, including several of Australia's largest banks, reversed early gains on Friday. Australi...

Transurban Welcomes NSW Toll Road Overhaul as Negotiations Loom
September 13, 2024 03:16 PM AEST | By Team Kalkine MediaIn the evolving landscape of New South Wales infrastructure,,Transurban Group (ASX: TCL,), the largest operator of toll roads in Sydney, is preparing...

Debate over US Federal Reserve’s Next Rate Move: Could a 50 Basis Po...
September 13, 2024 03:14 PM AEST | By Team Kalkine MediaWith markets largely anticipating a 25 basis point cut by the US Federal Reserve next week, there’s still a case being made for a more substantial 50...

Leadership Transition at Charter Hall as Chairman David Clarke Annou...
September 13, 2024 02:56 PM AEST | By Team Kalkine MediaAfter a decade of steering ,Charter Hall Group (ASX: CHC),through significant growth and expansion, Chairman David Clarke has announced his retirement...

Harvest Lane Backs Olam Agri's Revised Bid for Namoi Cotton
September 13, 2024 02:54 PM AEST | By Team Kalkine MediaThe ongoing takeover bid for **,Namoi Cotton (ASX: NAM,)** by Singapore-based **,Olam Agri,** has gained significant momentum after the specialist mer...

ASX Eyes Record as Commodity Prices Surge; Banks Dip
September 13, 2024 02:11 PM AEST | By Team Kalkine MediaThe Australian Securities Exchange (ASX) approached a record high on Friday, buoyed by strong performances in the energy and mining sectors, driven la...

Oil Set for First Weekly Gain in a Month on Storm, Risk-On Tone
September 13, 2024 11:42 AM AEST | By EODHD(Bloomberg) -- Oil headed for its first weekly gain in a month as storm Francine disrupted crude production, and a risk-on tone swept across wider mar...

ASX 200 Poised for Gains with Energy Surge and Tech Momentum
September 13, 2024 10:03 AM AEST | By Team Kalkine MediaOn Thursday, the S&P/ASX 200 Index (ASX: XJO) experienced a strong recovery, closing 1.1% higher at 8,075.7 points. As the market heads into Friday, h...