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12Apr

Iron ore and gold miners drag down market: Aus shares close 0.3% lower

12 Apr 2021 - The ASX200’s lackluster form continued throughout the afternoon trading session, as the Australian sharemarket concluded its trading day in the red. Mining heavyweights BHP (ASX:BHP), Rio Tinto (ASX:RIO) and Fortescue Metals (ASX:FMG) led the losses, as the mining sector undermined the broader market. The downward trend in mining stocks is attributable to spot gold price’s $20 fall from a five-week high. Declines in Commonwealth Bank (ASX:CBA) and Macquarie Group (ASX:MQG)’s shares also added to the...

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16Mar

Tech sector pushes market up: ASX closed 0.8% higher

16 Mar 2021 - It has been a positive day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 54 points up, or 0.8 per cent higher to finish at 6,827. Pendal Group (ASX:PDL) today announced that Group CEO, Emilio Gonzalez, will step down after 11 years in the role.

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11May

Dow Jones snaps 5-day winning streak, tech drags on inflation jitters: ASX to dip

11 May 2021 - The ASX is to fall at the open following Wall St closing in the red. Seven Group Holdings (ASX:SVW) has launched a $8 billion takeover for Boral (ASX:BLD). Citi rates Citi rates Goodman Group (ASX:GMG) as a buy.

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10Jul

US records record number of cases: Aus shares to open lower

10 Jul 2020 - The Australian market is poised to open lower following mostly negative leads from international markets. This comes as Johns Hopkins University records over 60,000 new covid-19 cases in the US- a record for a 24-hour period. Perth based iron ore explorer, AustSino Resources Group (ASX:ANS) has penned a binding subscription agreement with Midwest Resource Finance Group. Gold and oil retreated overnight.

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24Jun

Nasdaq gains, Iron ore jumps 6%, Diverger, Centrepoint Alliance, Qantas on watch: ASX to open flat

24 Jun 2022 - Wall St jumps, gold slips, copper tumbles to a 16-month low while nymex crude is now off 14.6% from its recent peak on June 8. What to look out for on the ASX today.

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12May

Tech stocks bare brunt of inflationary selling: ASX to fall

12 May 2022 - US stocks fell across the board as investors assessed persistent inflation after the consumer price Index rose by an annual rate of 8.3 per cent. Some analysts see the data as a sign that the Fed is behind the curve in curbing inflation. CBA has delivered a $2.3b March quarter profit but warns of margin pressure. NAB has expressed interest in the banking arm of Suncorp.

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03Sep

First surplus in 44 years, RBA to hold rates at 1%: Aus shares 0.1% up at noon

03 Sep 2019 - Better than expected Aussie current account surplus $5.9b, vs $1.4b, while retail trade disappoints. Independence Group (ASX:IGO) shares trading at 4-year years highs on nickel price surge. Bellamy's Australia (ASX:BAL) sees JP Morgan bump up stake in its business. Oil Search (ASX:OSH) expects key PNG Govt decision later today. Iron ore continues to bounce back. AUD new 10.5 year low.

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09Apr

US markets close flat ahead of inflation data later this week

09 Apr 2024 - Markets finished the day essentially flat as investors remain focused on CPI due out later this week.

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24Feb

Big gains from chip stock Nvidia boosts markets

24 Feb 2023 - Stocks closed higher amid volatile trading Thursday as investors remained concerned about the path of the Federal Reserve’s rate hikes. The moves came a day after the Fed released the minutes of its most recent meeting, which concluded February 1st, showing that members of the central bank are resolved to keep fighting inflation with rate hikes.

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07Aug

Wall St rises, Gaming stocks under pressure in Asia, Why GUD Holding’s price target got cut: ASX to open flat

06 Aug 2021 - Major indexes around the globe closed mixed ahead of the U.S. jobs report and earnings results. U.K. markets were little changed after the Bank of England left rates unchanged and in Asia, Chinese gaming stocks came under pressure. Why Credit Suisse rates GUD (ASX:GUD) as an outperform but dropped its price target. RBA to release news today.

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