The NZ consumer confidence index fell to 82.1 in April, only slightly above the lows seen during the pandemic, from 86.4 in March. A reading above 100 shows optimism, while below that indicates pessimism. #ausecon #nzpol @CommSec

CommSec @CommSec

41 minutes ago

The NZ consumer confidence index fell to 82.1 in April, only slightly above the lows seen during the pandemic, from 86.4 in March. A reading above 100 shows optimism, while below that indicates pessimism. #ausecon #nzpol @CommSec

0 0 1 2K 0

Consumer confidence in New Zealand fell in April, continuing the pessimistic tone after fourth-quarter gross domestic product (GDP) figures showed the country was in technical recession, ANZ-Roy Morgan data showed on Friday. #ausecon #nzpol @CommSec

AUD/USD opens +0.32% after a whippy trading day that ended with USD easing. It whipped between 0.6539/0.6486 in the aftermath of mixed US GDP. AUD/USD may remain elevated in Asia as E-Minis +0.80% in after hours. #ausecon #auspol @CommSec

@JEChalmers @AlboMP @SenKatyG This aged really well. news.com.au/finance/money/… #auspol #ausecon #Budget2024

The local share price index futures fell 0.3%, a 67-point discount to the underlying S&P/ASX 200 index close. The benchmark closed flat on Wednesday. #ausecon #auspol @CommSec

CommSec @CommSec

a hour ago

The local share price index futures fell 0.3%, a 67-point discount to the underlying S&P/ASX 200 index close. The benchmark closed flat on Wednesday. #ausecon #auspol @CommSec

0 0 2 2K 0

Australian shares were poised to open lower on Friday on a mixed bag of US corporate earnings while cooler-than-expected economic growth further dampened investors' hopes of early rate cuts by the Federal Reserve. #ausecon #auspol @CommSec

S&P/ASX 200 index futures are down 0.3% to 7616 on Friday. The world’s largest technology companies soared in late trading as stellar results from Microsoft and Google’s parent Alphabet fuelled confidence in the Wall Street’s most-influential group. #ausecon #auspol @CommSec

Public statements by Anglo American and BHP. angloamerican.com/media/press-re… announcements.asx.com.au/asxpdf/2024042… @CommSec #auspol #commsec #ausecon

Oil prices rose on Thursday. Geopolitical worries (Middle East - fears of a disruption of supplies) offset weak US economic data (concern about slower demand growth) Brent +1.1% Nymex +0.9% #oil #ausecon #auspol #commsec @CommSec

The search giant operator $GOOGL also authorized its first ever dividend, as well as a $70 billion buyback. #ausecon #auspol @CommSec

CommSec @CommSec

3 hours ago

The search giant operator $GOOGL also authorized its first ever dividend, as well as a $70 billion buyback. #ausecon #auspol @CommSec

1 0 3 3K 0

Alphabet $GOOGL soared about 15% in extended trading after first-quarter earnings of US$1.89 per share beat analysts’ estimates of US$1.51 per share and revenues of US$80.54 billion exceeded expectations of US$78.59 billion. #ausecon #auspol @CommSec

CNBC @CNBC

4 hours ago

Alphabet $GOOGL soared about 15% in extended trading after first-quarter earnings of US$1.89 per share beat analysts’ estimates of US$1.51 per share and revenues of US$80.54 billion exceeded expectations of US$78.59 billion. #ausecon #auspol @CommSec

2 24 48 25K 1

Tech giant Microsoft's $MSFT shares climb 4.5% in extended trading after the software maker posted fiscal third-quarter results that surpassed Wall Street’s expectations. #ausecon #auspol @CommSec

CNBC @CNBC

4 hours ago

Tech giant Microsoft's $MSFT shares climb 4.5% in extended trading after the software maker posted fiscal third-quarter results that surpassed Wall Street’s expectations. #ausecon #auspol @CommSec

5 5 19 18K 1

US shares lower on Thursday on disappointing earnings and economic data Dow -1%; S&P 500 -0.5%; Nasdaq -0.6% In Australia, share price futures index tipping a 26pt fall at the start of trade #ausecon #auspol #commsec @CommSec

On Friday, the Bank of Japan hands down its policy decision. US data on personal income & spending are released with the core PCE deflator (inflation) and consumer sentiment figures. Exxon Mobil, Chevron and Colgate-Palmolive all release earnings. #ausecon #auspol @CommSec

In Australia on Friday, producer and international trade prices are scheduled. Quarterly sales updates from Newmont, ResMed and Unibail-Rodamco-Westfield are scheduled. #ausecon #auspol @CommSec

Iron ore futures gained US45 cents or 0.4% to US$109.68 a tonne on Thursday, supported by lingering demand hopes in top consumer China, although some profit taking limited gains. #ausecon #auspol @CommSec

The gold futures price rose by US$4.10 or 0.2% to US$2,342.50 an ounce on Thursday after US economic data showed signs of persistent inflation. Spot gold was trading near US$2,331 an ounce at the US close. #ausecon #auspol @CommSec

Base metal prices were mixed on Thursday. Copper futures gained 2.3% as funds chased the market higher after a takeover bid by BHP for Anglo American, which analysts said was focused on copper. Aluminium futures shed 2.9%. #ausecon #auspol @CommSec

On Thursday, the Brent crude price rose by US99 cents or 1.1% to US$89.01 a barrel. The US Nymex crude price lifted US76 cents or 0.9% to US$83.57 a barrel. #ausecon #auspol @CommSec

Global oil prices climbed on Thursday as concern about fuel demand after slower-than-expected US economic growth was offset by worries of supply disruptions as Israel stepped up airstrikes on Gaza's Rafah. #ausecon #auspol @CommSec