SX 200 index plunged on Wednesday erasing all the gains from the previous two trading sessions. Stocks in Wall Street was under selling pressure led by big tech names such as Apple, Amazon, Facebook
Asian stocks finished higher in a volatile session after the White House trade advisor, Peter Navarro said trade deal with China is over because China failed to inform the US about coronavirus outbreak.
Asian shares retreat today after some states in the U.S. cancel the reopening as the new coronavirus cases continue to rise. Arizona, Texas and California have shut down the restaurants, bars and cinema.
Asian stocks started the week lower as the rising number of coronavirus cases threatens the global economic recovery. There are now over 500,000 coronavirus deaths worldwide. While in the USA, there are 2.5 million cases and 125,000 deaths.
The ASX 200 index added more than 90 points today as investors continued to cheer the ongoing recovery of the economy. This was the fourth straight day of gains for the blue-chip Australian bourse. At the same time, the ten-year government bond fund yield rose above 1% for the first time since March.
The ASX 200 index rose by more than 70 basis points as the Australian central bank committed to lower interest...
ASX 200 and Asian markets declined mirroring Wall Street after the warning from Federal Reserve Chairman Jerome Powell that the outlook is uncertain and subject to significant downside risks,
The ASX 200 made a major milestone today. The index moved above the important psychological level of $6,000 as investors reacted to the positive emergence of the economy. By gaining about 40 basis points, the index outperformed its New Zealand counterpart. Shares in the big four banks rose sharply after UBS issues an upgrade on two.
The ASX 200 index erased earlier losses after bank earnings upgrade by Macquarie and strong Australian retail sales numbers. The...
The ASX 200 index rebounded by more than 1%, helped by technology stocks after the relatively strong Australian macro data....