Workflow
Refractory Powder
icon
Search documents
ASX Market Open: ‘Shot in the arm’ US CPI print enough to circuit-break W51 slump | Dec 19
The Market Online· 2025-12-18 21:41
Market Overview - Australian shares have increased by +0.5% in futures, marking the first rise this week, influenced by positive trends in Wall Street [1] - The U.S. economic data showed core consumer prices rising by 2.6% in November, while overall CPI increased by 2.7%, impacting Federal Reserve's rate cut plans [2] U.S. Market Performance - The Dow Jones rose by +0.1%, the S&P 500 increased by +0.8%, and the Nasdaq composite surged by +1.4%, breaking a four-day losing streak [3] Central Bank Actions - Japan's central bank is expected to raise rates to 0.75%, contrasting with the Federal Reserve's easing plans, which may influence the Reserve Bank of Australia [4] Company News - Meg O'Neill has been appointed as the first female CEO of BP, leaving her position at Woodside Energy, which saw its shares drop by -2.7% following the announcement [5] - ANZ Group may retain executive pay despite shareholder dissatisfaction over compliance failures, indicating potential negotiations for a middle ground [6] - Boss Energy's shares plummeted by -24% after a negative update on uranium extraction, indicating lower grade and more challenging extraction processes [7] - Amaero Ltd secured a $4.6 million order for refractory powder from Titomic as part of a five-year partnership, with shipments expected in Q3 and Q4 FY26 [7] Commodity Prices - The Australian dollar is trading at 66.1 U.S. cents - Iron Ore prices increased by +1.3% to $105 per tonne, while Brent Crude remained stable at $59.72 per barrel, and Gold is priced at $4,333 per ounce [9]