The ASX 200 is set to fall sharply today after disappointing US jobs figures saw Wall St retreat last week. Westpac and Smiggle see CEO changes today, with one taking a knee and one taking a boot.
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.
Chinese Property Implosion could go Nuclear
September is the month when markets look over their shoulders. Murray looks at three commodities that are pointing to more bad news ahead in Chinese property. With US stocks worried about a slowdown and the USDJPY under pressure, there is heightened risk that a correction is close.
ASX News LIVE | ASX Rises, Commodity Weakness Hits Woodside, BHP Fall
The ASX 200 is set to rise today despite a mixed day on Wall St and weakness in commodity prices as markets await key US jobs data tonight.
Orora [ASX:ORA] Streamlines Operations with $1.78B US Business Sale
Orora shrugs off a tough day on the market to lead the ASX after announcing the sale of its North American division for $1.78b.
ASX News LIVE | ASX Dives on Signs of Economic Weakness; Nvidia Wipes off US$280b Market Cap
The ASX tumbled on opening, following Wall St down as signs of economic weakness here and in the US restoked fears of a hard landing.
ASX News LIVE | ASX Opens Down; Iron Ore Slumps Below US$100; AirTrunk $20b Sale Nears Deadline
The ASX 200 opened down this morning while Wall St takes a break for Labor Day celebrations. Iron ore producers will likely pull the ASX down today as prices slump.