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ASX surges after Wall Street rebounds; Unemployment increases, easing rate rise bets
The Australian sharemarket bounced back from its seven-week low, as pressure from the bond market eased and traders dialled back their expectations for further interest rate increases by the RBA.
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theage.com.au
ASX falls, Wall Street extends losing streak; Webjet dives
The Australian sharemarket has retreated at the open as mounting inflation concerns extended a selloff in treasuries, sending yields to multi-year highs.
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smh.com.au
Miners and banks take ASX to fresh seven-week low; Webjet dives
The Australian sharemarket fell back into the red as inflation concerns extended a sell-off in bonds and sent yields to multi-year highs.
