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Wall St closes higher after Fed statement

US stocks have closed higher as investors digested a move by the country's central bank to raise interest rates by three-quarters of a percentage point.

3 min read

Most traders expect the US central bank to raise interest rates by 75 basis points.

Emergency ECB meeting lifts Europe

News of emergency ECB meeting sends Italian markets soaring; Market almost fully priced for Fed to hike 75 bps; US yields off decade top.

4 min read

Futures markets suggest Jerome Powell and his Fed board will hike interest rates by 75 basis points.

ASX falls yet again ahead of Fed meeting

3 min read

Energy, health care and tech were all down by more one per cent at midday.

Wall Street slips as investors eye Fed

3 min read

Investors are bracing for an aggressive interest rate hike from the US central bank this week.

Australian share market suffers almost $90b dip amid recession fears for economy

4 min read

The Australian Securities Exchange fell by five per cent at the start of trading.

Bond market storm eases a touch

3 min read

The negative tone in Asia in early trade follows a bleak session in the US on Monday.