Today
Why this fundie is betting big on Macquarie Group
K2’s George Boubouras is not worried about the recent market turmoil or the US economy, instead he’s betting on mid-caps and Australia’s biggest investment bank.
- Cecile Lefort
This Month
Wall Street edges higher as July’s CPI report awaited
US shares posted modest gains in choppy trading. Larry Summers called for a regulator review of Monday’s VIX spike. Bitcoin hovers near $US60,000.
- Updated
- Timothy Moore
- Opinion
- Chanticleer
Macquarie’s Viktor Shvets’ lesson from ‘mini heart attack’ on markets
Was the market rout – and rebound – a sign of how fragile markets are, or proof they are actually less risky? Viktor Shvets’ answer might surprise you.
- Updated
- James Thomson
ASX to rise, Wall St rallies as recession fears fade
Australian shares are set to open 1.1pc higher. US jobless claims data eases outlook worries. Gold above $US2400/oz. Oil eyes $US80/bbl. Bitcoin reaches for $US60,000.
- Updated
- Timothy Moore
ASX to slip, Wall St’s rally falters as volatility persists
Australian shares are set to edge down. US stocks reversed early gains as crosscurrents continue and volatility persists. Bullock speech at midday.
- Updated
- Timothy Moore
Why the market doesn’t believe the RBA on rates
Despite the surprisingly strong hawkish rhetoric from the Reserve Bank this week, bond traders (and some economists) aren’t buying it.
- Updated
- Cecile Lefort and Sarah Jones
ASX to slip, Wall St rises as dip buyers emerge after rout
Australian shares are set to open lower on late New York pullback. Meta, Nvidia pace tech. VIX falls below 27. US 10-year yield rises. Bitcoin bounces.
- Updated
- Timothy Moore
Traders don’t believe the RBA’s warning on rates
Bond markets are still wagering that the Reserve Bank will cut interest rates this year even as the central bank said it considered a rise on Tuesday.
- Cecile Lefort
- Opinion
- Chanticleer
Euro summer madness is making markets look extreme
It’s easy to forget what day-to-day life looks like on the other side of the world at the moment. But it is an important part of the market sell-off story.
- Anthony Macdonald
- Opinion
- Chanticleer
Wall Street’s night of fear could have been much worse
The sea of red on Wall Street on Monday night doesn’t tell the story of the outright panic that spread before the market opened.
- James Thomson
- Opinion
- Chanticleer
Five things investors need to watch next
Spotting the next shoe to drop in markets is never easy. But there are a few spots investors can look for signs of stress.
- James Thomson
US equities drop as buyers hold back
The pace of selling gathered momentum as the session progressed in New York, as moves to pare losses proved fleeting.
- Updated
- Timothy Moore
- Opinion
- Chanticleer
Why the market’s favourite trades are blowing up
For most of the day it was just a nasty sell-off. But by the end of Monday’s brutal session on the ASX, it was clear something much worse was at play.
- James Thomson
ANZ bond trading scandal ‘risks unknown’: Macquarie
Macquarie analysts have run the numbers on what ANZ’s bond scandal could do to its profits whilst conceding some costs are hard to measure.
- Jonathan Shapiro
ASX dives with no sector spared as recession fears trigger panic
The ASX 200 was steamrolled in the sharpest two-day sell-off since COVID-19 first roiled markets.
- Sarah Jones, Joanne Tran and Jessica Sier
Traders bet on rapid rate cuts as recession fears deepen
Bond prices are soaring globally after weaker US jobs data rattled investors and prompted traders to dial up the need for urgent rate cuts in both the US and Australia to stem an economic downturn.
- Cecile Lefort
- Opinion
- Interest rates
The RBA has more to worry about than just inflation
Monetary policy is now more than ever just a wealth redistribution policy in Australia, just ask Baby Boomers.
- Updated
- Tim Hext
- Opinion
- Chanticleer
Why recession panic is gripping the markets
Global markets are being lashed by a perfect storm of recession fears, volatility and AI scepticism. But there’s a key reason it threatens to turn into panic.
- Updated
- James Thomson
Atlassian falls 17pc as US jobs data flashes recession risk
All three US equity benchmarks fell after July’s jobs report missed expectations and triggered worries the Fed is behind the curve in shifting to rate cuts.
- Updated
- Timothy Moore
Fed policy patience cast in harsh light: Wall Street’s view
As some economists and strategists pulled forward and lifted their rate cut forecasts, others said the violent market reaction to July’s jobs data was wrong.
- Timothy Moore
