Australian shares are set to open higher. US shares were modestly lower after strong retail sales bolstered rate bets. REA in the spotlight. Bullock to speak.
Australian shares are poised for a modest opening advance. Shares slipped in New York as techs reversed, paced by Nvidia, and US bond yields surged higher afteractivist investor Starboard Value LP pressed News Corp to sell its 61 per cent stakeIn New York: BHP +0.8% Rio +0.4% Atlassian +1.7%The local currency was 0.4 per cent higher; the Bloomberg dollar spot index edged up.The yield on the US 10-year note leapt 13 basis points to 4.84 per cent at 1.32pm in New York.
Swap contracts tied to Fed rate decisions showed traders are now pricing in roughly 60 per cent odds that policymakers will raise interest rates by another quarter percentage point in January after holding steady in November and December, according to Bloomberg.; UK September CPI at 5pm; Eurozone September final CPI at 8pm; US September housing starts and building permits at 11.
A second straight quarter of real estate writedowns and a continued dealmaking slump dented the Wall Street firm’s profitability.raised its 2023 revenue outlook as some older drugs beat sales estimates, including its bestseller Stelara that’s expected to face generic competition in early 2025. Drugs approved in the previous decade like Tremfya, for severe plaque psoriasis, and Simponi, for rheumatoid arthritis, outpaced expectations, while the company squeezes the last life out of Stelara. J&J’s medical technology business missed estimates after growing at a quicker pace earlier this year.
“The real estate market and exports will continue to exert negative pressure on steel demand and steel demand might contract in the absence of additional government support measures. However, under the assumption that the government will introduce additional measures to support the economy, steel demand in 2024 may sustain the level of 2023.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX 200 LIVE: ASX to fall, RBA in focus this week, volatility in spotlightAustralian shares are set to open lower with geopolitics risks high, as reflected in oil and gold prices. US reporting season gathers pace. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall; Gregg to succeed McFarlane as Westpac chairmanShares are set to open lower with geopolitics risks high; SkyCity CEO and Qantas Loyalty chief resign; Gregg to succeed McFarlane as Westpac chairman; US reporting season gathers pace. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall; Gregg to succeed McFarlane as Westpac chairmanShares are set to open lower with geopolitics risks high; SkyCity CEO and Qantas Loyalty chief resign; Gregg to succeed McFarlane as Westpac chairman; US reporting season gathers pace. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall; Gregg to succeed McFarlane as Westpac chairmanShares are set to open lower with geopolitics risks high; SkyCity CEO and Qantas Loyalty chief resign; Gregg to succeed McFarlane as Westpac chairman; US reporting season gathers pace. Follow updates here.
Read more »
ASX 200 LIVE: ASX to fall; Gregg to succeed McFarlane as Westpac chairmanShares are set to open lower with geopolitics risks high; SkyCity CEO and Qantas Loyalty chief resign; Gregg to succeed McFarlane as Westpac chairman; US reporting season gathers pace. Follow updates here.
Read more »
ASX 200 LIVE: ASX slips; Fletcher plunges 9pc; gold stocks jumpShares slip; SkyCity CEO and Qantas Loyalty chief resign; Liontown on halt; Magellan to convert Global Fund to open-ended; Gregg named Westpac chairman; Treasury launches 2054 bond. Follow updates here.
Read more »