Markets

Global markets are reeling after US President Donald Trump announced his latest slew of steep tariffs on dozens of trading partners.

Despite almost every commentator suggesting tariffs are an ‘act of economic self harm’, markets have effectively rewarded Trump’s behaviour. Are you tired of winning yet?

JACKSON HEWETT: Inflation has finally fallen in line with the RBA’s forecast and is now the lowest it has been since March 2021. The ball is back in the Central Bank’s court.

JACKSON HEWETT: Working together, economies around the world could have stood up to Trump’s tariffs. Instead the UK raced for the lifeboats, and the rest have folded like dominoes ever since. 

By assuming operating control of east coast’s Australia most important energy source from ExxonMobil, Woodside takes responsibility for the Bass Strait gas production assets and associated gas plants.

Investors are starting to call for the luxury conglomerate to break itself apart.

US tariffs on incoming goods look to be settling in only slightly less than what Donald Trump had threatened in April, but the difference has been enough to ease some of Wall Street’s worst recession fears.

Despite being America’s most powerful economic equivalent, the European Union has become the latest trade war target to capitulate to the President’s demands.

The MSCI's broadest index of Asia-Pacific shares outside Japan is higher following a trade deal between the United States and EU.

JACKSON HEWETT: Australia’s smelters are failing — but their waste could be a national security goldmine.

The ASX 200 hit an all time high last week, but is the momentum starting to fade?

Burgundy Diamond Mines has blamed weak prices for the layoffs at the Ekati mine in Canada’s Arctic Circle, which was acquired from BHP by the junior for more than $200 million in early 2023.

Shares on the ASX have jumped after an unexpected rise in unemployment boosted confidence of a September interest rate cut.

US stocks have closed mostly lower as investors digest economic data and earnings results.

Asian stocks have dipped after Wall Street futures fell, as US President Donald Trump’s threat to impose 30 per cent tariffs on imports from the EU and Mexico kept investors uneasy.