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ASX faces modest loss after underwhelming US jobs report triggers 4th day of declines on Wall Street

The ASX is poised to start with a small loss of around 12 points this morning, following the cooler than expected US jobs report for July, which left Wall Street underwhelmed and down for a 4th consecutive day. After opening flat on Friday, the ASX 200 dipped into the red at midday but eventually closed […]

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Australia’s June 30 earnings season begins with Commonwealth Bank in the spotlight

Australia’s June 30 earnings season kicks off this week with 11 majors reporting, led by one of the biggest of all – the Commonwealth Bank – which releases its 2022-23 full-year figures on Wednesday. Others to report include QBE and AMP with half-year figures, Suncorp with a full-year result, James Hardie with its first quarter,

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Australian retailers face challenging times amidst declining sales volumes and soaring prices

Some of the 30th June reports from Australian retailers, due to be issued this month, will make tragic reading for shareholders if the latest analysis of retail sales is any guide. Growth in sales volumes will be weak, and any gains will be due to higher prices – which have, in turn, seen consumers haul

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