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World markets
ASX hits record high after Wall Street surge; Myer dives
The sharemarket hit a record high in early trade after this week’s large cut to US interest rates fuelled one of the strongest days on Wall Street this year.
- by Staff reporter
Latest
Opinion
World markets
Wall Street is primed to crumble if the Fed made a mistake
The start of a Fed rate-cutting cycle is a huge moment for the international financial system. Whether it has come too late remains to be seen.
- by Ambrose Evans-Pritchard
Updated
World markets
Miners push ASX to record close after Fed unleashes jumbo rate cut
The Australian sharemarket broke successive records on Thursday after the Federal Reserve issued a whopper 0.5 percentage point interest rate cut.
- by Brittany Busch
Investors stuck in ‘danger zone’ as era of rate cuts kicks off
The time of monetary easing has begun with the US Federal Reserve serving up a larger than expected 50 basis point cut to interest rates. What comes next will be crucial for markets.
- by Colin Kruger
Opinion
Interest rates
How Trump could destroy the Fed’s grand plan
The Federal Reserve has started its rate-cutting cycle with a bang as it tries to help keep the US out of a recession. That plan could be derailed by November’s election.
- by Stephen Bartholomeusz
Updated
World markets
ASX treads water, Wall Street steady in countdown to Fed decision
The Australian sharemarket ended flat as investors await an overnight decision by the Federal Reserve, expected to be the first cut to US interest rates in more than four years.
- by Sumeyya Ilanbey
Opinion
Hedge funds
Risk of flash crashes in markets is rising as Japan does its own thing
When the Federal Reserve Board cuts US interest rates this week, Japan’s will be the only major central bank moving in the other direction. That could lead to more turbulence.
- by Stephen Bartholomeusz
Updated
World markets
ASX closes at record high as investors await Fed decision
The Australian sharemarket closed at a record high on Tuesday as traders bet the US Federal Reserve would begin its monetary policy easing cycle this week by slashing 50 basis points off the current cash rate.
- by Sumeyya Ilanbey
Opinion
Bonds
APRA goes loco on CoCo, sounding the death knell for bank hybrids
The financial regulator is planning to phase out a form of bank capital that has proven wildly popular with Australian retail investors.
- by Stephen Bartholomeusz
Updated
World markets
ASX closes at record high as banks and gold stocks rally
The ASX gained on Monday amid expectations of an interest rate cut from the United States Federal Reserve later this week.
- by Brittany Busch
Cut priced in: Markets eagerly wait for Fed’s view of the economy
With annual inflation easing in the US, financial markets have priced in a 25 basis point cut to the cash rate at the Fed’s next meeting this week – the last before the November presidential election.
- by Sumeyya Ilanbey