The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
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The Australian sharemarket fell as investors sold energy and healthcare stocks over fresh fears figures to be released this week may show an uptick in inflation.
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
Real estate investors have taken a backwards step on the sector Tuesday, as the Reserve Bank minutes show the cash rate could be hiked again.
Consumer discretionary stocks fell sharply after higher-than-expected inflation raised the odds that the Reserve Bank might consider raising rates...
Consumer discretionary stocks fell sharply after higher-than-expected inflation raised the odds that the Reserve Bank might consider raising rates...
Morgans healthcare analyst Scott Power said ASX health stocks have risen in past five days despite higher than expected inflation ...
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
The Australian sharemarket closed lower today after Wall Street struggled for direction ahead of a key US inflation report.
The Australian sharemarket surged on the back of Wall Street’s record-breaking rally, following weak reports on the US economy which kept the door...
The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed...