Afternoon Report | Profit taking day

This is the Fear & Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX drops 0.7pc Independent MPs launch new party ‘Significant terror cases’ disrupted by ASIO Karl Stefanovic to ...  Show more

A jump in inflation opens the door to another interest rate hike. Domain forecasts a drop in house prices in Sydney, Melbourne and Canberra, and a slowdown in growth elsewhere More than 1,200 cargo ships carrying goods worth an estimated $US125bn, or $180 billion Aussie dollars, ...  Show more

US equities surged again yesterday, closing off their intraday highs but nevertheless achieving new records. US PPI data confirmed that growth is slowing, providing more of the data that the Fed needs to start cutting rates again – markets will now scrutinise today’s CPI data for ...  Show more

Big week for financial earnings (0:20). Dearth of economic data given government shutdown (3:20). AI dealmaking (6:50). CAT's valuation (10:40). Gold hitting new highs (13:30). Bitcoin and crypto liquidations (15:20). Bond update (17:15).Show Notes:Crypto stocks trade lower amid ...  Show more

The Nikkei 225 was up around 1.5% and the Topix hit a record high this morning after Japan’s prime minister resigned over the weekend. It’s hoped that a new regime should provide greater longer-term policy and political stability, and a more conducive pro-growth environment for t ...  Show more

Markets faced a turbulent week, starting with caution amid hawkish Fed commentary and trade tensions, but ending on a more optimistic note thanks to a solid US inflation report. Global equities rebounded on Friday, though US equities still closed the week in negative territory. I ...  Show more