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ASX 200 rises amid positive China announcements and stable energy prices

The ASX 200 rose 34 points (0.42%) to 8222 by 2:00 PM AEST, buoyed by positive sentiment from China’s recent fiscal policy announcements and a new 500 billion yuan swap facility. Key sectors, including mining and energy, saw gains, while the index approached resistance levels, indicating potential volatility ahead.
07:24 10.10.2024

us markets react to middle east tensions and economic data updates

US share markets faced pressure from escalating Middle East tensions and anticipation of the September payrolls report, while the ASX 200 reached a record high before declining. Key economic indicators showed mixed results, with stronger job openings and a rise in crude oil prices, while inflation in the euro area eased and China's manufacturing PMI fell. Upcoming key dates include the RBA meeting minutes and US inflation data, as markets brace for potential shifts in monetary policy.
06:44 04.10.2024
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