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20Dec

RBA and APRA set to “stress test” major banks and insurers for climate change vulnerability: Aus shares to open lower

20 Dec 2019 - The Australian share market looks set to open lower following mixed headwinds from overseas markets. The United States’ 3 main benchmarks hit record highs overnight on the back of comments from the US Treasury Secretary that a US-China trade deal would be signed in early January. Lendlease Group (ASX:LLC) has sold its troubled engineering business to Acciona Infrastructure Asia Pacific.

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19Jun

Aussie shares give up gains, banks, miners sell off: Aus shares close 0.1% higher

19 Jun 2020 - The local share market gave up its gains in late trade alongside a similar loss of strength in US futures. Miners and the big four banks sold off in the lead up to the close. Woodside Petroleum says it would consider pre-empting any deal by a third party to buy departing partner Chevron's stake in the $34 billion North West Shelf venture.

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10Jul

ASX200 ends today 0.6% lower: Aus shares down 2.3% over week

10 Jul 2020 - After a shaky day of trade the Australian market closed 0.6% lower. UBS has downgraded Treasury Wines Estates (ASX:TWE) from a Buy to a Neutral, with a 12 month price target of $11.80.

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24Mar

ASX up 2 per cent at open: ASX tracking 2.9 per cent higher at noon

24 Mar 2020 - The Australian share market opened higher this morning jumping more than 2 per cent within the first half hour of trade and is now tracking 2.9 per cent higher at noon. Credit Corp (ASX:CCP) was up over 45 per cent leading the top 200 and gold companies were also rallying by midday.

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06Oct

Markets remain cautious ahead of key jobs data

06 Oct 2023 - Stocks settled lower on Thursday as investors remain cautious ahead of key jobs data on Friday that could determine the next move for interest rates.

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04Mar

Tech stocks hammered, Atassian drops over 6%: ASX poised to open higher

04 Mar 2021 - The ASX looks set to open lower as tech stocks in the US dropped as bond yields rose. The US listed shares of Atlassian fell almost 7 per cent. Shares in electric vehicle company Tesla fell 4 per cent. Britain has hiked corporation tax to 25 per cent as pandemic support hits £407 billion. The British economy is to return to its pre-Covid level by the middle of 2022, with GDP growing by 4 per...

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14Jan

Trump impeachment vote underway: ASX poised to open higher

14 Jan 2021 - The ASX looks set to open higher this morning as Wall Street closed mixed. US President Donald Trump is on the verge of a second impeachment after the Capitol siege. Back home, state health authorities are searching for residents who had quarantined at the Brisbane Grand Chancellor hotel where two people were found to have the highly infectious UK strain. Meridian Energy (ASX:MEZ) confirms Rio Tinto will delay NZ smelter closure.

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08Nov

Transurban’s $1,650 million refinance: Aus shares 0.02% lower at noon

08 Nov 2019 - Aus shares 0.02% lower at noon. Transurban (ASX:TCL) refinances $1,650 million debt facility.

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06Jul

Job Ads rise by record 42%: Aus shares close 0.7% down

07 Jun 2020 - The Australian share market fell at the open and closed 0.7 per cent down at the end of trade. Mesoblast (ASX:MSB) led the gains after US product use for COVID-19. ANZ Job Ads rose by a record 42.0% m/m in June.

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19Aug

Wall St falls, Fed prepares to taper, Why Breville is an outperform: ASX to fall

19 Aug 2021 - A mixed close across the major indexes around the globe ahead of the release of the minutes from the Federal Reserve. European markets were pressured lower as mining giant BHP fell on the U.K FTSE. Asian markets rebounded mildly despite Covid-19 concerns. Why Breville (ASX:BRG) stocks sold off despite FY21 results beating Morgan’s expectations. Reporting season is in full throttle today with over 17 companies reporting.

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