CAPITAL MARKETS

Aussie stocks set to rally on debt ceiling deal

AUSTRALIAN stocks are expected to open sharply higher this morning after a tentative agreement to raise the US debt ceiling was reached over the weekend.

 Image: iStock/Feverpitched

Image: iStock/Feverpitched

The agreement still needs to pass through Congress this week, with the vote expected to occur on Wednesday. Dow Jones futures were up 161 points. Earlier this evening, Speaker McCarthy and I reached...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.