The ASX 200 is down -1.37% around midday, trading at 7,578.1 as fears of re-accelerating inflation stoke market fears.
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BHP shares fall on Anglo American Bid
Mining giant BHP [ASX:BHP] has seen its shares fall by 4.51% in trading this morning, now trading at $43.19 per share.
Why the Gold Price Isn’t Going up Now
Nobody can agree on why the gold price is flying. That’s because each theory looks shaky once you take a closer look.
Scott Farquhar Steps Down as Atlassian Co-CEO
Scott Farquhar, the co-founder of Atlassian [NASDAQ:TEAM], has announced his decision to step down as co-chief executive officer of the software giant after more than two decades at the helm.
Morning market update
The ASX 200 opened down -1.21% to 7,590.2, as bond yields pressed equity markets down and sentiments turned bearish.
ASX News LIVE | ASX to Fall as Bond Yields Climb; BHP, Newmont, and ResMed Feature.
Weaker GDP data from the US sent markets retreating last night while climbing bond yields also pressed down equities.