The local market finished the week in positive territory on the last trading day of the financial year and ahead of a key inflation read in the US....

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the COB: let the SUNshine in

Stocks took a tumble at the opening as bond yields jumped on the prospect of an interest rate hike in the wake of the inflation blowout. 

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the COB: central bank shenanigans

The latest reading on inflation sent the Aussie dollar higher, while equities took a hit as investors considered the possibility of another hike in interest rates.

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the COB: CPI high

The local market rallied with all major sectors ending in positive territory; tomorrow monthly inflation data

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the COB: tasty result

The prospect of slower earnings growth prompted a sell-off of local shares to begin the week with the S&P/ASX200 dropping 0.80% to 7,733.70...

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the COB: discretionary down

Aussie shares ended the week positively with the S&P/ASX200 rising 0.34% on Friday to finish at 7,796.00, to record a 0.93% gain for the past five days.

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the COB: consumer caution

It was a choppy session on the local market with little news to trade on apart from the debut of an emerging fast food giant.

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the COB: yellow y black wins the day

The local market lost momentum over the course of the day to finish down 0.11% at 7,769.70.

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the COB: going nuclear

The local market ended 1% higher as the RBA left rates on hold; all 11 sectors ended in positive territory. US retail sales are in focus tonight...

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the COB: the reverse hokey pokey

Close your business day with the ausbiz anchors and a wrap of the day&apos;s key stories.

Close your business day with the ausbiz anchors and a wrap of the day's key stories and market movers, as well as our Stock of the Day. Disclaimer: At ausbiz we provide news, information, analysis and commentary. All of this content is general in nature and does not take into account your personal financial situation. The information is not intended as advice and you should not rely on it as such. Before acting on any information you have seen or heard on ausbiz platforms, you should seek independent financial advice, which takes into account your specific circumstances. While we endeavour to ensure that the content you hear in this podcast is reliable, accurate and complete, we cannot guarantee that. You should also be aware that the individuals appearing on ausbiz may have direct holdings in the companies or investments they discuss.

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The COB from ausbiz

the COB: let the SUNshine in

More episodes

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119. the COB: central bank shenanigans

118. the COB: CPI high

117. the COB: tasty result

116. the COB: discretionary down

115. the COB: consumer caution

114. the COB: yellow y black wins the day

113. the COB: going nuclear

112. the COB: the reverse hokey pokey