Australian stocks start the final quarter of this year lower, while the Reserve Bank is almost universally tipped to hold interest rates steady in tomorrow's board meeting. Follow the latest updates in our live blog.
Watch and Act warnings are in place in Victoria for Cobbannah, Glenaladale, Moornapa, Briagolong and Culloden. Keep up to date withAustralian stocks have started the final quarter of this year lower, while the Reserve Bank is almost universally tipped to hold interest rates steady in tomorrow's board meeting.Disclaimer: thisThe ASX 200 was down 0.4 per cent or 24 points, to 7,024 by 10:20am AEDT.
The highly anticipated PCE data followed the recent hawkish long-term outlook for rates from the US Federal Reserve, which has rattled stocks as benchmark Treasury yields climbed to 16-year highs. "Equity investors are finally waking up to the Fed and the Fed comments that it is going to be higher for longer, and there is an alternative to stocks," said Paul Nolte, senior wealth advisor and market strategist for MurphyGood morning and welcome to Monday's markets live blog, where we'll bring you the latest price action and news on the ASX and beyond.
'We should have won that game': Walters reveals where the Broncos got it wrong in heartbreaking grand final lossWe acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work.This service may include material from Agence France-Presse , APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX 200 LIVE: ASX to fall, ‘higher for longer’ in focus as RBA, RBNZ meetAustralian shares are set to start the quarter lower. Policy decisions on Tuesday and Wednesday top early week agenda. Follow updates here.
Read more »
Live: ASX to drop ahead of RBA interest rate decision, Wall Street mixedAustralian stocks are poised to start the final quarter of this year lower, while the Reserve Bank is almost universally tipped to hold interest rates steady, but for longer. Follow the latest updates in our live blog.
Read more »
ASX set to open lower as Wall Street closes September with more lossesWall Street closed out its worst month and quarter of the year with more losses on Friday.
Read more »
ASX set to open lower as Wall Street closes September with more lossesWall Street closed out its worst month and quarter of the year with more losses on Friday.
Read more »
ASX set to open lower as Wall Street closes September with more lossesWall Street closed out its worst month and quarter of the year with more losses on Friday.
Read more »
AFL Grand Final live: AFL Grand Final live: Collingwood star’s ‘interesting’ pre-game actWelcome to news.com.au’s coverage of the AFL Grand Final between Collingwood and Brisbane.
Read more »