ASX 200 futures indicate a 0.8% lower open at 8,601 points, following Wall Street's decline. President Trump issued a threat against Iran, while gold prices dropped 4.5%.
The ASX 200 rose 0.4% to 8,758 points. Qantas completed its first test flight for the Project Sunrise A350, while the ACCC approved Ampol's $1.1 billion takeover of EG Australia with conditions. Economists predict a slower GDP growth for Australia.
Wall Street indices saw gains overnight, with the Dow Jones up 0.6%, S&P 500 up 0.4%, and Nasdaq up 0.2%. ASX 200 futures suggest a positive opening for the Australian market.
ASX 200 futures indicate a potential drop of around 0.7% (55 points) at the start of the new trading week, despite Wall Street closing strongly on Friday. The Dow Jones, S&P 500, and Nasdaq all saw gains, with the Dow reaching a new record closing high.
ASX 200 futures indicate a positive start to the trading week, offering a much-needed boost after a largely disappointing May for Australian markets.
Elizabeth Gaines is leaving Fortescue after 13 years, stepping down as executive director on June 30. Former Dutch Deputy PM Sigrid Kaag will join the board. Meanwhile, ASX 200 futures indicate a 0.7% drop.
Treasurer Jim Chalmers has ordered six Chinese-based companies and one from the British Virgin Islands to divest holdings in Northern Minerals in Western Australia, citing national interest and foreign investment framework compliance.
G7 finance ministers and central bankers convene in Paris to discuss the Middle East conflict's economic impact, rising inflation, and energy supply concerns. Discussions also include Australia's foreign investment review and the US Federal Reserve's leadership change.
Oil prices surge due to attacks on UAE nuclear plant and potential US military action on Iran. G7 finance ministers meet in Paris amid energy crisis. Australia orders divestment of Northern Minerals shares from Chinese companies. US sees new Fed chair, global markets react to inflation fears.
Australia's major banks, including CBA, Westpac, NAB, and ANZ, have experienced significant share price drops in May following a recent budget and quarterly results. CBA shares have fallen over 8%, with a notable 10.4% drop on May 13th. The broader ASX 200 index has also declined over 3% this month.
The ASX 200 is expected to open slightly down as markets make sense of the federal budget. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
As the nation digests the budget, Australian shares have opened lower, with the ASX 200 down in Wednesday trading after a mixed night on Wall Street as US inflation rose to 3.5 per cent. Follow our live markets blog.
As the nation digests the federal budget, Australian shares are set for another day of losses, with the SPI futures pointing to 0.1 per cent fall by the ASX 200 after a mixed night on Wall Street. Follow our live markets blog.
The ASX 200 has continued its downward spiral ahead of this morning's data release, which is likely to show inflation spiking at its highest level in two and a half years. Follow live.
The ASX 200 has continued its downward spiral ahead of this morning's release of data that is likely to show inflation spiking at its highest level in two and a half years. Follow live.
The ASX 200 has lost ground, despite both the S&P 500 and tech-centric Nasdaq indexes ending last week with new record highs, while oil prices are surging with Brent crude above $US107 a barrel. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Oil prices are spiking again on global markets as the ASX begins the final day of the week in negative territory. It comes after the the Nasdaq shed almost 1 per cent. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.
Supermarket giant Woolworths faces off with the consumer watchdog in court. The ASX 200 is set to open higher in morning trading after losses on Wall Street. Follow the day's events on the ABC News live markets blog.
The ASX 200 is set to open higher in morning trading, after losses on Wall Street. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
