ASX Edges Higher as US Rate-Cut Hopes Lift Investor Spirits
Wall Street surged with the Dow hitting a record high, driven by an 83% chance of a Federal Reserve rate cut in September amid rising job market risks, analysts said.
Summary by Sydney Morning Herald
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10 Articles

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ASX edges higher as US rate-cut hopes lift investor spirits
The Australian sharemarket is slightly stronger after Wall Street rallied on the back of a highly anticipated speech by US Federal Reserve chair Jerome Powell.
·Sydney, Australia
Read Full ArticleAustralian shares scale new high on US rate-cut bets - GAGA INDIA
Menu Account Indian Stocks Portfolio (PMS) Unlisted Shares Mutual Fund USA Stocks ₿ Crypto Forex Bonds Fixed Deposit Real Estate Training Videos Equity Training Upstox Demo Intraday Demo MF Demo Australian shares rose to a record high on Monday, after U.S. Federal Reserve Chair Jerome Powell last week pointed to a possible rate cut at the central bank’s September meeting. On Friday, Powell alluded to a possible interest rate cu…
Coverage Details
Total News Sources10
Leaning Left3Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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