20m agoMon 10 Nov 2025 at 11:45pm
Market snapshot
- ASX 200: +0.1% to 8,847 points
- Australian dollar: Flat at 65.35 US cents
- S&P 500: +1.6% to 6,836 points
- Nasdaq: +2.3% to 23,531 points
- FTSE: +1.1% to 9,787 points
- EuroStoxx: +1.6% to 596 points
- Spot gold: +0.1% to $US4,119/ounce
- Brent crude: +0.5% to $US63.94/barrel
- Iron ore: +0.9% to $US102.15/tonne
- Bitcoin: +0.5% to $US106,162
Price current around 10:30am AEDT
Live updates on the major ASX indices:
5m agoTue 11 Nov 2025 at 12:00am
Gold stocks hit over 2-week high as bullion rallies
Australian gold stocks rise as much as 3.6%, their highest level since October 22.
The sub-index tracks a nearly 3% jump in spot gold prices on Monday as weak US economic data bolsters bets of Fed rate cuts.
The price of spot gold was up 0.1% to $US4,119 an ounce.
Industry heavyweight Northern Star Resources rises 3.6% while smaller rival Evolution Mining gains 3.7%.
Including session’s gains, the sub-index was up 103.1% year to date.
With Reuters
19m agoMon 10 Nov 2025 at 11:46pm
ICYMI: Monday finance with Daniel Ziffer
22m agoMon 10 Nov 2025 at 11:43pm
Top and bottom movers at open
(LSEG)48m agoMon 10 Nov 2025 at 11:17pm
ASX opens up
The Australian share market has edged higher at open, tracking overnight gains on Wall Street.
The ASX 200 index gained 9 points or 0.1% to 8,842 , by 10:15am AEDT.
At the same time, the Australian dollar was flat at 65.35 US cents.
1h agoMon 10 Nov 2025 at 10:48pm
Australian consumer confidence records a further decline
Australian consumer confidence fell again last week, following
the Reserve Bank’s decision to keep the cash rate on hold at 3.60%, according to a survey by ANZ and Roy Morgan.
Consumer confidence fell 1.0pts last week to 83.5pts, while the four-week moving average
ticked up 0.1pts to 84.5pts.
“Weekly inflation expectations remained elevated. While underlying inflation picked up in Q3,
the RBA noted some of this outcome was due to ‘temporary factors’ and expects the
broader disinflation process to continue,” ANZ economist Sophia Angala said in a note.
“The ‘time to buy a major household item’ sub-index dropped to its lowest level since early
May. Upcoming sales events such as Black Friday should provide some support to
household spending, but last week’s RBA hold may soften spending growth over the near
term. Solid income growth, broader disinflation, and the final 25bp RBA rate cut we expect in
February 2026 should provide momentum to the consumer recovery over the next few
quarters.”
The survey showed the cohort of renters had the lowest confidence in the past four weeks, compared with homeowners and mortgage borrowers.
1h agoMon 10 Nov 2025 at 10:13pm
Why Australia’s iron clad future is under threat
When it comes to minerals, none are more critical for Australia than iron ore.
While the rush for rare earths has taken centre stage this year, along with elements vital for decarbonisation, iron ore remains our biggest earner and our most important export.
But the pricing leverage Australia has held for decades over the crucial steel making ingredient is now under threat.
Read this analysis by chief business correspondent Ian Verrender.
2h agoMon 10 Nov 2025 at 9:48pm
Bendigo and Adelaide Bank posts $110m quarterly profit
Bendigo and Adelaide Bank has given an update about its first-quarter earnings results. Here are the key figures:
- 1Q unaudited net profit $110.0 million
- 1Q unaudited cash earnings $120.7 million
- 1Q net interest margin 1.91%
- 1Q unaudited income $505.8 million
- 1Q operating expenses $328.8 million
2h agoMon 10 Nov 2025 at 9:22pm
US risks AI debt bubble as China faces its ‘arithmetic problem’
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On the sidelines of an investment conference in Sydney, US Federal Reserve chair contender Marc Sumerlin and veteran China observer Michael Pettis share their concerns about the world’s economic superpowers.
Mr Sumerlin says he is increasingly worried about a slowing economy and a debt bubble in the artificial intelligence sector.
Meanwhile, China faces its own deep structural problems, including investing too much, according to Mr Pettis.
Read this article by business editor Michael Janda, The Business presenter Kirsten Aiken and business reporter Yiying Li.
3h agoMon 10 Nov 2025 at 8:54pm
CBA reports marginal rise in first-quarter profit
Commonwealth Bank of Australia has reported a marginal rise in first-quarter profit, with the benefits of resilient lending and credit volumes offset by rising technology-related costs.
The bank said unaudited cash net profit after tax was $2.6 billion for the quarter ended September 30, slightly higher than $2.5 billion last year.
Operating income was up 3%, driven by lending and deposit volume growth, higher non-interest income and 1.5 additional days in the quarter.
For the quarter, home loans grew $9.3 billion , or 1.1 times the system average, while while household deposits grew by $17.8 billion, or 1.2 times system.
Home loan arrears decreased over the quarter to 0.66% (-4bpts).
CBA said headline net interest margin has reduced due to the mix effects of strong growth in lower yielding liquid assets and institutional repository.
The bank added that operating expenses excluding restructuring and notable items increased by 4% mainly driven by wage and IT vendor inflation and 1.5 additional days in the quarter, offset by seasonally lower IT vendor spend and the benefit of ongoing productivity initiatives.
3h agoMon 10 Nov 2025 at 8:39pm
Investors ‘buy the dip’ in AI and tech stocks
Wall Street rallied on Monday, led by big gains in Nvidia, Palantir and other heavyweight AI-related companies, following progress in Washington to end a record government shutdown.
The longest government shutdown in US history could end this week after a compromise that would restore federal funding cleared an initial Senate hurdle late on Sunday, though it was unclear when Congress would give final approval.
“The government shutdown was continuing a lot longer than people had expected. There were concerns around the economy, about flights potentially being cancelled and having a wider impact to the economy,” said Chris Zaccarelli, Northlight Asset Management’s chief investment officer.
Heavyweight tech stocks reversed some recent losses. Last week, the S&P 500 technology sector index tumbled 4.2%.
Nvidia, the world’s most valuable company, gained almost 5%. AI data analytics firm Palantir jumped 9% and Tesla added 4.1%.
“This is a rebound after being slightly oversold last week. It’s another example of the ‘buy the dip’ mantra really acting quickly in the tech and AI space,” said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky.
“There is nothing structural hitting the AI theme. In fact, a lot of earnings reports have been really strong in that sector.”
Optimism around artificial intelligence has fuelled a bull run in US stocks this year, but concerns about monetisation and circular spending in the sector have driven a bout of selling recently.
The Nasdaq last week marked its worst performance in over seven months.
3h agoMon 10 Nov 2025 at 8:34pm
Market snapshot
- ASX 200 futures: +0.5% to 8,891 points
- Australian dollar: +0.7% at 65.38 US cents
- S&P 500: +1.6% to 6,836 points
- Nasdaq: +2.3% to 23,531 points
- FTSE: +1.1% to 9,787 points
- EuroStoxx: +1.6% to 596 points
- Spot gold: +2.8% to $US4,109/ounce
- Brent crude: +0.6% to $US64.04/barrel
- Iron ore: +0.9% to $US102.15/tonne
- Bitcoin: +1.4% to $US106,004
Price current around 7:30am AEDT
Live updates on the major ASX indices:
3h agoMon 10 Nov 2025 at 8:22pm
ASX to open higher
Good morning and welcome to Tuesday’s markets live blog, where we’ll bring you the latest price action and news on the ASX and beyond.
A rally on Wall Street overnight sets the tone for local market action today.
The Dow Jones index up 0.9 per cent, the S&P 500 gained 1.6 per cent and the Nasdaq Composite advanced 2.3 per cent.
ASX futures were up 47 points or 0.5 per cent to 8,894 at 7:00am AEDT.
At the same time, the Australian dollar was up 0.7 per cent to 65.38 US cents.
Brent crude oil was up 0.8 per cent, trading at $US64.05 a barrel.
Spot gold jumped 2.7 per cent to $US4107.47.
Iron ore rose 0.9 per cent to $US102.15 a tonne.
