The market dropped 0.4%, reacting to the news that Donald Trump had fired the governor of the US Federal Reserve.

The market dropped 0.4%, reacting to the news that Donald Trump had fired the governor of the US Federal Reserve.

The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.

For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.

The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.
For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.

Money News Market Wrap

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Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing moneynews@2gb.com

Money News &mdash; the most respected business program on radio.
If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>

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MWP August 26: Changes at The Fed precede ASX slide 😨

The ASX 200 rallied 1.1 per cent, or 93.60 points to 8692 which restored $34 billion to the index. 

Largely due to a dip in the oil price as markets speculated on how long the Iran war will last and the Strait of Hormuz will be closed.

 

9 of the 11 sectors ended in the green.

The ASX 200 rallied 1.1 per cent, or 93.60 points to 8692 which restored $34 billion to the index.&nbsp; Largely due to a dip in the oil price as markets speculated on how long the Iran war will last and the Strait of Hormuz will be closed.
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9 of the 11 sectors ended in the green.

MWP March 10  -   📊 ⚖️ 💸

It was an absolute bloodbath on the Australian share market today. $90 billion was erased as the ASX 200 fell 252 points, to 8,599.

It was an absolute bloodbath on the Australian share market today. $90 billion was erased as the ASX 200 fell 252 points, to 8,599.

MWP March 9  -   📊 ⚖️ 🚨

Investors decided to "batten down the hatches" today, sending the Australian sharemarket into a sharp retreat from its recent record highs.

Investors decided to "batten down the hatches" today, sending the Australian sharemarket into a sharp retreat from its recent record highs.

MWP August 26: Changes at The Fed precede ASX slide 😨

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