The ASX 200 follows the wider market lower today as concerns around a larger conflict in the Middle East remain major focus.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
ASX NEWS LIVE | ASX Set for Early Gains but Uncertain Day as Middle East Conflict Escalates
The ASX is set for a hesitant start as oil and gold spike after Iran launched a missile strike at Israel overnight, sending safe haven assets higher.
ASX NEWS LIVE | ASX to Slip from Record High; Aus Retail and Building Data Out Today
The ASX is set to slip as the China-led commodity rally took a breather overnight. On the ASX today, traders will watch incoming retail and build data for signs of life in the economy.
ASX NEWS LIVE | ASX Touches Fresh Record High as Iron ore Jumps 10%
Fresh stimulus in China lifted the ASX 200 to a new record highs despite Wall St slipping on Friday. Iron ore Futures jumped over 10% overnight, lifting local miners.
Closing Bell Special: My Trade for October
Murray Dawes played the last two big market moves to a tee. Now,
after the 50bps rate cut by the Fed, the US dollar has been falling and helping to lift beaten up commodities. What’s Murray’s next big call? He sits down with Woody to look at what might be the final shakeout/bounceback opportunity of 2024…
ASX NEWS LIVE | ASX Rises as Local Market Shrugs Off Wall St Weakness
The Aussie sharemarket advanced today as the market tracks iron ore higher. Meanwhile oil prices continue flounder, falling below U$70 per barrel as Libya’s governing crisis eases.