Closing Bell 15th December: ASX rallies on the back of commodities
ASX rallies past August highs. Uranium stocks lift, led by PDN and BOE. Lithium short squeeze continues
Closing Bell
Closing Bell 14th December: ASX and AUD rally
ASX hits 5 month high. Strong jobs numbers sends AUD higher. Lithium stocks strong
Closing Bell 13th December: Argentina’s Bold Move Peso Devalued by 50% in Economic Overhaul
Argentina takes drastic action, devaluing the peso by 50% amid severe economic challenges. President Milei’s tough measures aim to stabilize the crisis-hit economy.
Closing Bell 12th December: Chemist Warehouse to list on ASX
Chemist Warehouse with an $8.8 Billion reverse takeover of Sigma Healthcare
Closing Bell 11th December: Bitcoin Plunges 7% Crypto Market Shaken as Major Token Nears $40,000
Bitcoin’s notorious volatility strikes again, plummeting towards $US40,000 in a major sell-off, sparking concerns in the broader crypto market.
Closing Bell 8th December: Woodside and Santos Merger Talks Potential $80 Billion Energy Giant on the Horizon
Santos and Woodside Energy confirm merger discussions, potentially creating an $80 billion energy powerhouse, sparking significant investor interest and market speculation.
Closing Bell 6th December: Market Rallies as GDP Growth Underwhelms, Rate Cut Hopes Ignite ASX Surge
Australia’s GDP grows just 0.2% in Q3, sparking market rally with ASX up 1.5% as traders bet on imminent RBA rate cut amid economic slowdown.”
Closing Bell 5th December: Hawkish or Dovish Pause?? RBA Cash Rates Held at 4.35%
RBA holds rates at 4.35% in year-end decision, aiming to balance inflation control with economic growth amid global uncertainties and domestic market trends.
Closing Bell 4th December: Bitcoin Breaks $40,000 Barrier Amid Fed Rate Hike Pause Speculation
Bitcoin surges past $40,000 as Fed’s Powell hints at possible pause in rate hikes, fueling optimism in crypto markets for upcoming US ETF approvals.
Closing Bell 1st December: Oil Sinks as Traders Disappointed with OPEC+ Cuts
Today’s market saw tech stocks dip amidst global economic shifts, with key sectors responding variably to mixed manufacturing data and OPEC+ production cuts.
Closing Bell 30th November: ASX Edges Up Amid Bank Gains and Origin Energy’s Takeover Rejection
The ASX slightly rose, driven by financial sector gains, while Origin Energy declined after rejecting a takeover bid. Oil prices increased before the OPEC+ meeting.
Closing Bell 29th November: Australia’s CPI Eases to 4.9%, Fueling Optimism in Market and Interest Rate Outlook
Australia’s CPI drops to 4.9% in October, lower than expected, sparking a rally in interest rate-sensitive stocks and stabilizing the Australian dollar.