Commonwealth Bank

Commonwealth Bank makes a sharp U-turn after inflation shock rocks markets

ByRubaisha

Australia’s biggest bank stunned markets this week, after a hotter-than-expected inflation reading forced a rapid rethink from economists and traders at Commonwealth Bank.  The surprise rise in consumer prices wiped away hopes of near-term rate cuts, sent the ASX lower, and prompted a clear shift in CBA’s guidance and market positioning, leaving investors asking what…

Stock Market

Stock Market Update: Dow, S&P 500, Nasdaq Futures Rise as Trump-Xi Talks Begin

ByRubaisha

The Stock Market opened with a mood of cautious optimism as Trump-Xi talks began in Asia. Dow futures rose about 0.4%, S&P 500 futures added roughly 0.3%, and Nasdaq futures climbed near 0.6%, as investors priced in the chance of easing trade tensions.  Traders said the diplomatic momentum lifted risk appetite, and markets moved on…

Stock Market

US Stock Market Update: Dow, S&P 500, Nasdaq Futures Dip After Trump–Xi Truce Ahead of Big Tech Earnings

ByAmna Habib

The US stock market entered Thursday with a cautious mood as futures for the Dow Jones, S&P 500, and Nasdaq slipped slightly. Despite the much-anticipated meeting between former US President Donald Trump and Chinese President Xi Jinping, investors remain unsure whether their temporary trade truce can ease long-term tensions. With Big Tech earnings just hours…