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Australian stocks were flat in early deals on Wednesday, reversing a notable drop in the prior session as gains in energy minerals, consumer durables, and utilities were offset by losses in healthcare, tech, and consumer non-durables. Overnight on Wall Street, U.S. stocks ended lower amid surging oil prices, U.S. Treas
Australian stocks are poised for a subdued start, says Moomoo Australia and New Zealand chief market strategist Tapas Strickland. ASX futures are little changed ahead of Monday's open, after a surprisingly strong jobs report sent U.S. stocks lower and bond yields higher on Friday. "With Wall Street…
Australia shares were set to open lower as investor sentiment stayed subdued on rising oil prices, lifting inflation concerns and rate-hike bets. NZ stocks edged higher in early trade.