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Consumer Commission

Strong jobs numbers ‘toxic’ for ASX

The RBA can keep insisting rate hikes won’t come in 2022, but the ASX isn’t buying it, with strong jobs numbers fuelling bets it will do just that.The Australian stock market shrugged off a strong lead from Wall Street overnight and was…

Investors ‘holster guns’ as ASX dips

The ASX followed European markets lower amid a rise in Covid cases there, but Wall Street seems to have shrugged off Omicron fears.The Australian sharemarket didn’t take its usual lead from the US and instead followed European markets…