The local share market looks set for gains, as global markets rise after steep falls last week. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
ABC business reporter Stephanie Chalmers here to take you through all today's market action.
And it's looking like it could be a positive start for the local market when trade gets underway in a few hours time —That's after a pretty positive night for overseas markets., with the best gains on the Nasdaq.Share post
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Live: Wall Street stumbles as inflation, spending remain hot; ASX to follow downMuch stronger-than-expected US inflation and consumer spending figures raise the prospect of many more interest rate increases being needed to cool the economy. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Read more »
ASX LIVE: Australian shares to fall on rising US peak interest rate betsAustralian shares are poised to open lower; Woodside, Appen, Downer to report; hot US inflation data sinks $A; bond yields jump. Follow updates here.
Read more »
ASX LIVE: Australian shares to fall on rising US peak interest rate betsAustralian shares to open lower; Kogan reduces inventories by 38pc; Praemium posts record earnings; Aussie Broadband upgrades guidance; Liberty first-half profit drops 11pc. Follow updates here.
Read more »
Australia news live: future coal and gas emissions ‘likely to dwarf estimates’; cybersecurity boost to tackle major attacksFollow live
Read more »
ASX to drop as hot US inflation ignites recession fearsAustralian shares are set for a weak open on Monday after US inflation data came in hotter than expected, intensifying concerns that the Federal Reserve will need to keep lifting interest rates which could tip the world’s largest economy into recession.
Read more »
ASX to fall; earnings season nears finish lineAustralian shares are set to open lower after a sell-off hit Wall Street. $A tumbles on US rate outlook. Appen, Woodside to report.
Read more »