Yearly Archives - 2020

Fresh pessimism surrounding coronavirus as new fatalities reported: ASX set to open lower

02 Mar 2020 - The ASX looks set to kick off the week with pessimism surrounding the spread of the coronavirus and its impact on financial markets. The Aussie dollar took another hit. Australian government yields could drop at the start of trading today. Coronado Global Resources Inc. (ASX:CRN) reports the removal of US restriction on CDIs.

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ASX bloodbath continues: Aus shares close 3.3% lower

28 Feb 2020 - The ASX200 plunged at the open and has seen another sell-off throughout the day which dragged the index 3.3 per cent lower. The Australian dollar also hit a new 10 year low of US65.28¢, a figure not seen since March 2009. All sectors landed in the red today as did the Futures and Asian markets.

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Dow plunges: ASX poised to open lower

28 Feb 2020 - The ASX looks set to plunge this morning after volatile trading in the US as reports the coronavirus may be spreading to America. Both the Dow and the S&P 500 had their worst day since February 2018 while the Nasdaq posted its biggest one-day loss since August 2011. Employee experience software company Limeade (ASX:LME) reports NPAT up 26 per cent.

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