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The Latest Breaking News from Kyle Rodda

Aussie shares creep lower but strong miners cap losses

The Australian bourse is in a holding pattern before a key US interest rate decision, while a rally in mining stocks has counterbalanced losses elsewhere.

AAP

Australian shares plunge to lowest level since July

The ASX200 has lost 1.4 per cent to finish the week down 1.5 per cent, its worst week in since early April.

AAP

Shares resume slide as rate-sensitive stocks tumble

Australian shares are down for a second straight week against a backdrop of sticky inflation and fears the Reserve Bank's interest rate-cutting cycle is over.

AAP

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All that glitters: gold dump drags share market lower

Soaring gold prices have been hit with a reality check, facing their sharpest decline in 12 years and dragging ASX miners and the broader sector with them.

AAP

Why is the price of gold hitting record highs?

The price of gold has soared as investors seek out safe havens amid heightened economic uncertainty.

Al Jazeera

Worst trading day in five months wipes $53b off ASX

Aussie shares have fallen for a fourth-straight session as banks, IT stocks and real estate stocks weighed, wiping more than $53 billion from the top-500.

AAP

Aussie shares finish flat after RBA's shock rates call

The Australian market initially dropped after the Reserve Bank's surprise move to stand pat on interest rates, but shares later made up the losses.

AAP

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Australian stock market snaps five-week winning streak

The ASX200 has retreated from last week's record highs as tariffs, conflict in the Middle East and global economic headwinds weigh on investors.

AAP

Shell boss warns of ‘huge impact on trade’ if Israel-Iran conflict escalates

Blockage of strait of Hormuz, through which about 25% of world’s oil passes, could shock energy market, says Wael Sawan

The Guardian - UK

European stock markets rebound as Trump delays 50% tariffs on the EU to 9 July

Stock futures surged after US President Donald Trump agreed to postpone the planned 50% tariffs on the European Union, but the US dollar remained under pressure amid waning investor confidence in US assets, pushing the euro to a one-month high.

Euronews

Sell-offs resume on Wall Street as Moody’s downgrades US credit rating

Moody’s downgraded US credit ratings on Friday, triggering a broad selloff in US assets, including stocks, the dollar, and government bonds. The risk-off sentiment is likely to ripple through European markets on Monday.

Euronews

'Eye-watering': CBA shares break all-time highs

Commonwealth Bank shares have surged to record levels yet again, but experts say its earnings don't justify the price tag.

AAP

Australian shares edge higher after shaky start

The Australian share market continues to trade at 11-week highs after a shaky start to the day ahead of a likely interest rate cut.

AAP

Uncertainty the only sure-thing as market chaos reigns

Equities and commodities have whipsawed at the whims of erratic US trade policy but worrying signs are emerging in the plumbing that holds markets together.

AAP

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Euronews

Fed rate pause: Bank forecasts slower US growth and higher inflation

The Federal Reserve kept interest rates unchanged as expected but downgraded its economic outlook, citing slower growth and higher inflation due to Trump’s tariffs. Wall Street staged a relief rally after Fed Chair Jerome Powell downplayed inflation concerns.

AAP

Aussie shares dip, ending volatile week on a quiet note

The ASX200 has finished Friday down 0.1 per cent to close out the week slightly in the red after starting it with a big plunge.

AAP

Australian shares give up gains as Trump tariffs start

The ASX200 had been up by as much as 0.8 per cent in early trading but closed slightly lower as US President Donald Trump's levies begin on China.

AAP

Australian shares dip ahead of US inflation report

The ASX200 index slipped 0.2 per cent before latest US inflation figures are released and may curb expectations of interest rate cuts there.

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AAP

Aussie shares fall again, hit nearly three-week low

The ASX200 has again finished down and one analyst says if it drops much further, that would trigger a significant pullback.

AAP

Aussie shares drop ahead of key US jobs report

The ASX200 has fallen 0.6 per cent ahead of a key US jobs report that could determine whether the Fed cuts interest rates one more time in 2024.

AAP

Miners dig a hole for ASX again as commodities fall

The local bourse has ended 0.1 per cent lower as falling commodity prices hit energy and materials stocks.

AAP

ASX hits another all-time high on back of US rate cut

The ASX200 has hit a new high following the US Federal Reserve's "jumbo" interest rate cut, casting the spotlight on the RBA's upcoming decision

AAP

Aussie shares close over key level for first time ever

The ASX200 rose 0.7 per cent to close above 8,000 for the first time ever, more than four years after it broke through the 7,000 level.

AAP

Inflation news, unemployment data prompt stock rise

The ASX has hit a six-week high with the energy sector the only loser in a day of gains across the ASX.

AAP

Aust shares near record high on second-last trading day

The local bourse has finished the day up 0.7 per cent, in need of just a 0.25 per cent gain on Friday to set a new record high.

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