September 2, 2024

In the first session of the week, the Australian sharemarket is experiencing a decline, primarily driven by weakness in mining and communications stocks. By midday, the S&P/ASX 200 index is down 0.3 per cent, hovering near 8067 points. The downturn in the local market contrasts with the S&P 500, which ended its last session on […]

Gold ended August and the week with a gain, despite a mid-session pullback on Friday. The U.S. dollar and bond yields strengthened after the key U.S. inflation measure came in as expected, increasing the likelihood of a rate cut in ten days. The only caveat for the U.S. Federal Reserve is the health of the