The local share market will likely open down after a mixed session on Wall Street and a sharp drop in oil and iron ore prices overnight.
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 to Climb; OPEC+ Extends Oil Cuts, Award Wage Decision Looms
The ASX 200 is set for a strong day following the US rally as major funds rebalance for the end of the month and bought heavily into the Dow.
This Classic Technical Signal Points to Correction Ahead
Long-term trend remains bullish, but odds are high that stocks will come under pressure soon
ASX News LIVE | ASX to Bounce from Four Week Low; Commodities Fall
The ASX 200 is set to bounce off a three-day losing streak today, while US markets remain shaky amidst weaker US consumer spending and tech scrutiny.
ASX News LIVE | ASX to Fall as Bond Yields Climb; BHP Bid For Anglo Fails
The ASX is set to give back almost all of its May gains as markets retreat amidst rising bond yields and expectations of later interest rate cuts.
ASX News LIVE | ASX to Fall Ahead of Inflation Data; Silver, Copper, and Nickel Climb
The ASX is set to fall along with the broader market today before April’s CPI data due this morning. Expect Energy and Iron ore producers to be the big trades today, with one up and the latter down.
