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The Latest Breaking News from Kyle Rodda

More than $200b evaporates from Aussie market since war

The Middle East war continues to wreak havoc on equities as surging oil prices hammer global growth hopes and light a match under inflation expectations.

AAP

Aussie shares tumble as oil spikes after tankers struck

Oil prices have surged as the Middle East conflict escalates, overshadowing a plan to release millions of barrels of crude reserves to shore up supply.

AAP

Australian shares pare early gains for modest rebound

Hopes of a timely end to the Middle East conflict sparked a relief rally on the local bourse, but the optimism was limited, capping gains by the close.

AAP

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Bourse back with a vengeance as miners, IT stocks surge

Miners, IT and real estate stocks have led the bourse higher as dip buyers helped stage a dramatic comeback for local equities - for the time being.

AAP

Aussie shares slip as hot inflation points to rate hike

A weaker US dollar has helped support energy and materials stocks, while narrowing bets on interest rate hikes have dragged the broader bourse lower.

AAP

Australian shares dip for third day as banks, tech drag

The local bourse has extended its decline in a broad-based sell-off led by IT stocks and banks, while gold hit new highs on safe haven demand.

AAP

Gold pips record as trade jitters drag on local stocks

Gold producers have been the only clear winners as rekindled trade tensions spark fresh uncertainty that investors thought was behind them.

AAP

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Aussie shares at 11-week highs after rock-solid week

Strong financials and IT stocks have helped the bourse to a fifth straight session of gains, as investors take profits on miners after a huge week for metals.

AAP

Australian shares finish flat ahead of US jobs report

The local market finished unchanged as traders waited for the first complete jobs report from the United States since the government shutdown.

AAP

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

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

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AAP

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

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.

The Guardian - UK

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

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Euronews

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.

AAP

'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.

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.

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