The probability of a quarter point rate cut in June fell after the US economy added far more new jobs than expected last month, easing pressure on policymakers.
All three US benchmarks closed higher after US President Donald Trump said current tariffs on China were “not sustainable”. Gold fell and bitcoin extended losses.
Shares rose after jobs data ramped up rate cut bets; PolyNovo taps new CEO; Mayne Pharma jumps after court win; Entertainment Rewards rockets. Follow live.
The sharemarket rose 1pc on ceasefire hopes; Woodside falls with plunge in oil; Collins Foods soars; Rio Tinto and Hancock invest $2.4b in iron ore mine. Follow live.
The S&P 500’s rebound from an opening drop proved fleeting as investors rushed to sell as the conflict between Israel and Iran escalated. Volatility spiked.
Australian shares drop, bitcoin and US stock futures slump amid explosions in Tehran; Accent drops 23pc; payments bungle at super fund ART. Follow live.
Shares ended modestly lower, reversing early gains, as investors opted for caution leading into weekend negotiations between the world’s two key economies.
ASX drops 2.4pc; biggest weekly loss since 2022; US futures lower, jobs data awaited; oil sinks 6pc; Fisher & Paykel upgraded; banks up RBA rate cut forecasts.
Beijing is using “whole of government” efforts including military, economic and influence operations to assert itself, the American intelligence community said.
From retail investors to Wall Street’s top fund managers, the biggest move to cash since the pandemic is on after a month of dramatic market volatility.
Shares close lower; RBA cuts rates by 25 basis points, decision no “lay down misere”, Bullock says; big four banks lower rates; BHP dividend at eight-year low.
December core and headline CPI come in better than expected. Boss Energy soars. Star offloads Sydney sites; Nvidia leaps 8.8pc. Follow for updates here.
