ASX Preview: Australian Shares to Fall Despite Wall Street Gains

MT Newswires Live

2025/01/23

Australian shares look set to retreat at market open Thursday as investors shrug off gains on Wall Street amid lingering fears over US tariffs.

The weekly payroll jobs report is set for release at 11:30 am Sydney time.

Overnight, the S&P 500 rose 0.6%, the Dow Jones Industrial Average edged 0.3% higher, and the Nasdaq Composite climbed 1.3%. Investors continue to weigh President Donald Trump's recent threats of imposing tariffs on China, Mexico, and Canada as early as Feb. 1.

In corporate news, Coronado Global Resources (ASX:CRN) reported run-of-mine production of 6.9 million tonnes in the fourth quarter of 2024, up 8.8% from 6.3 million tonnes in the third quarter, according to a Thursday filing.

Regis Resources (ASX:RRL) produced 101,294 ounces of gold in the fiscal second quarter ended Dec. 31, 2024, compared with around 95,000 ounces produced in the prior three-month period.

Australia's benchmark index rose 0.3%, or 27.40 points, Wednesday to close at 8,429.80.

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Investors continue to weigh President Donald Trump's recent threats of imposing tariffs on China, Mexico, and Canada as early as Feb. 1.</p><p>In corporate news, Coronado Global Resources (ASX:CRN) reported run-of-mine production of 6.9 million tonnes in the fourth quarter of 2024, up 8.8% from 6.3 million tonnes in the third quarter, according to a Thursday filing.</p><p>Regis Resources (ASX:RRL) produced 101,294 ounces of gold in the fiscal second quarter ended Dec. 31, 2024, compared with around 95,000 ounces produced in the prior three-month period.</p><p>Australia's benchmark index rose 0.3%, or 27.40 points, Wednesday to close at 8,429.80.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2505707595","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505707595","pubTimestamp":1737585679,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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