Bonds
Opinion
Interest rates
Donald Trump is on a collision course with an old foe
Donald Trump tried to fire Jerome Powell during his presidency before discovering he didn’t have the authority. Now the Fed chairman is set to throw a spanner in the works heading into November’s election.
- by Stephen Bartholomeusz
Latest
ANZ boss pledges action over inflated bonds allegations
ANZ boss Shayne Elliott says allegations that the bank overstated the value of government bonds it traded by more than $50 billion will be treated with “utmost seriousness”.
- by Millie Muroi
Opinion
Interest rates
How the Trump-Biden debate increased the chance of a rate rise in Australia
A rise in Australian bond yields this week shows how a showdown between two elderly and less-than-impressive politicians could send ripples of unease throughout the global system.
- by Stephen Bartholomeusz
Opinion
US Votes 2024
Donald Trump’s dangerous ideas have these ‘vigilantes’ worried
With Donald Trump favoured to regain the US presidency, a group of investors is starting to focus on the implications of his core economic policies. They’re concerned.
- by Stephen Bartholomeusz
Updated
World markets
ASX rises as Wall Street gets inflation boost; Sigma slumps
The Australian sharemarket advanced, powered by interest-rate-sensitive tech stocks and real estate investment trusts after Wall Street hit new records overnight.
- by Sumeyya Ilanbey
Opinion
Interest rates
Fed’s rate cut caution can’t spoil Wall Street party
The US central bank has dialled back expectations of rate cuts this year. The US sharemarket still hit another record overnight as investors bet on a soft landing for the world’s largest economy.
- by Stephen Bartholomeusz
Updated
Shares
Tech stocks boost ASX after ‘Magnificent Seven’ drive US stocks to record highs
The technology sector gave the Australian sharemarket a boost after the world’s largest technology companies drove US stocks to record highs on Wall Street.
- by Sumeyya Ilanbey and Millie Muroi
Updated
Sharemarket
ASX rises as GDP growth slumps; Treasury Wines rallies, miners fall
The Australian sharemarket held on to its gains after the latest GDP data showed the Australian economy barely grew in the first quarter, adding weight to the argument that no further Reserve Bank interest-rate hikes are required.
- by Sumeyya Ilanbey
Opinion
Sharemarket
Wall Street is changing its trade clocks. Here’s how it could cost you
The US and three other countries are halving the time for settling deals from two days to one. That will increase costs, and make it harder for international investors to buy into the world’s largest economy.
- by Stephen Bartholomeusz
Opinion
Inflation
Why this glimmer of hope has Wall Street very excited
At last there’s some good news on US inflation that raises hopes of interest rate cuts. But the excitement might be premature.
- by Stephen Bartholomeusz
Opinion
Interest rates
Why no news from the Fed is good news
The US central bank is sticking to the “higher for longer” interest rate scenario factored into financial markets, while downplaying the prospect of widely feared rate hikes.
- by Stephen Bartholomeusz