Weaker GDP data from the US sent markets retreating last night while climbing bond yields also pressed down equities.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
ASX News LIVE | ASX to Bounce; Big Week of Earnings Ahead for Wall St; Citi Downgrades Aus Banks
The ASX 200 is set to bounce today as the dust settles on the conflict in the Middle East. Energy is expected to lag today as oil prices ease after spiking last week.
ASX News LIVE | ASX Falls as Bond Yields Jump; Gold and Oil Spike on Israeli Strikes in Iran
The ASX 200 is on track for its seventh day of losses in eight sessions as bond yields climb on strong US jobs data. Meanwhile, copper prices hit a 22-month high.
ASX News LIVE | ASX Opens Up as Miners Recover; Santos and Woodside Report Today
The ASX 200 is up this morning as a recovery from the mining sector carries the benchmark. Oil and gold prices are down as traders look beyond the Middle East.
ASX News LIVE | ASX to Fall as Bonds Spike; Supermarkets Face Senate Inquiry
Stong US retail data send Treasury yields higher overnight as the market once again pushes back expectations of rate cuts. On the ASX supermarkets face the Senate today.
ASX News LIVE | ASX to Fall after Large-Scale Attack by Iran Shakes Markets
Gold and oil traders are on alert as geopolitical risk spikes after Iran attacked Israel over the weekend. The ASX fell with Wall St as markets await the response.