Latest Market News

Jobless rate rises to 6.2% in April: The ASX closed 1.7% lower

14 May 2020 - The ASX fell at the open and failed to gain momentum closing 1.7% lower. Graincorp (ASX:GNC) rallied after releasing their half year results. Shares in Breville (ASX:BRG) also did well after completing its $94 million institutional placement Aerial mapping specialist Aerometrex (ASX:AMX) is buying Spookfish Australia.

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US stocks slump on Jerome Powell’s remarks: ASX poised to open lower

14 May 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. The slump on Wall Street came after Federal Reserve chair Jerome Powell warned that the economic risks from coronavirus are significant. Tensions between the US and China flared once again as US President Donald Trump tweeted about trade deals not making a difference to the lives lost from what he called the ‘Plague from China’. The Woolworths Group (ASX:WOW)...

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