Kevan Sangster
@kevansangster.bsky.social
1.4K followers 850 following 550 posts
Freelance Journalist specialising in Finance & Current Affairs news & views. Published in Yahoo Finance amongst others. Econ/Politics grad from UK, now based in Australia. Views are my own. 🇺🇦🇵🇸 https://open.substack.com/pub/kevansangster?r=e88qd&utm_m
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kevansangster.bsky.social
#US stocks fell heavily Friday, with #S&P500 ⬇️ 2.71% on trade war fears with #China

US Govt promised “massive increase” in tariffs on China in response to latest Chinese trade moves.

Uni of Michigan report showed consumer sentiment sluggish..

#EconSky #markets

finance.yahoo.com/news/live/st...
Stock market today: Dow sinks 800 points, S&P 500 and Nasdaq see worst day since April as Trump's renewed tariff threats spook Wall Street
Markets tumble to end the week as President Trump renewed tariff threats on China.
finance.yahoo.com
kevansangster.bsky.social
In #Australia , expect local market to open lower this morning after US markets retreated overnight.

Today’s August business turnover data may guide market - any drop from July’s 2.9% rise seen as positive for interest rate cuts..

Gold ⬇️ 1.61%
Silver ⬆️ 0.61%
Iron Ore ⬆️ 2.11%

#auspol #ausecon
kevansangster.bsky.social
#WallStreet paused for breath Thursday, with #S&P500 ⬇️ 0.28% as traders took profits & tried to decipher economic signals.

No jobs report due to Govt shutdown meant earnings took priority, with Pepsi & Delta both beating profit expectations..

#EconSky #markets

finance.yahoo.com/news/live/st...
Stock market today: Dow slides, S&P 500, Nasdaq retreat from records as rally takes another breather
Investors paused to assess the optimism around AI and interest-rate cuts that has buoyed markets amid the government shutdown.
finance.yahoo.com
kevansangster.bsky.social
It’s not often i agree with NewsCorp , but on this issue i do.

Allowing Large Language Models to scrape everyone’s content for free and learn to repurpose it will be the death of any type of media - big or small.

Govt must stand up to the tech bros..

#auspol

www.abc.net.au/news/2025-10...
News Corp executive warns AI firms attempting 'Grand Theft Australia'
News Corp Australasia executive chairman Michael Miller issues a call to arms for all media companies to stand together and demand the government rule out any changes to copyright laws.
www.abc.net.au
kevansangster.bsky.social
In #Australia , local #ASX is expected to open higher this morning on back of a positive session in Wall Street overnight.

Prospect of further US interest rate cuts will give traders renewed hope that RBA may follow suit in November..

Gold ⬆️ 1.47%
Silver ⬆️ 2.06%
Iron Ore ⬇️ 0.58%

#auspol #ausecon
kevansangster.bsky.social
#WallStreet rebounded Wednesday after previous day’s losses, with #S&P500 ⬆️ 0.58% on interest rate hopes.

In the absence of economic data due to Govt shutdown, traders reacted positively to Fed meeting minutes suggesting more rate cuts likely..

#EconSky #markets

finance.yahoo.com/news/live/st...
Stock market today: S&P 500, Nasdaq resume record rally as gold jumps, Fed minutes point to more rate cuts
Wall Street digested the release of minutes from the Federal Reserve's September meeting.
finance.yahoo.com
kevansangster.bsky.social
In #Australia , expect local #ASX to open lower this morning after falls on Wall Street on Tuesday.

Today’s updated building approvals data may focus market on property.

Gold price hits new high but other commodities down overnight.

Gold ⬆️ 0.64%
Silver ⬇️ 1.59%
Iron Ore ⬇️ 0.58%

#auspol #ausecon
kevansangster.bsky.social
#US stocks fell back Tuesday, with #S&P500 ⬇️ 0.38% as tech stocks led retreat.

Both Oracle & Tesla fell sharply on market news, while Gold continued its bull run - breaking $4000 / ounce mark for first time.

Corporate earnings now in focus..

#EconSky #markets

finance.yahoo.com/news/live/st...
Stock market today: Dow slides, S&P 500 and Nasdaq snap winning streaks as Oracle leads tech stocks lower
Wall Street weighed worries over the government shutdown against bright hopes for AI.
finance.yahoo.com
kevansangster.bsky.social
I’d be happy to be corrected - a higher number is a good thing imho - but it’s not my graph.

It’s from the International Energy Agency.
kevansangster.bsky.social
This chart has just been released by @iea.org in its #renewables report for October 2025.

According to IEA, #Australia is now generating just under 20% of its energy from renewables. This is projected to rise to over 40% by 2030.

Thanks to @ketanjoshi.co for sharing this 🙏

#auspol #ausecon
kevansangster.bsky.social
In #Australia , local #ASX likely to open lower this morning after flirting with record highs yesterday.

With oil prices rebounding overnight & Gold continuing its bull run, commodities may underpin market today..

Gold ⬆️ 1.89%
Silver ⬆️ 1.06%
Iron Ore ⬇️ 0.58%

#auspol #ausecon
kevansangster.bsky.social
More AI euphoria fueled #WallStreet Monday, with #S&P500 ⬆️ 0.36% on back deal between AMD & OpenAI.

Chip maker AMD’s stock rose 25% after announcing a deal to supply the ChatGPT owner, worth ‘tens of billions’ in revenue.

#EconSky #markets

finance.yahoo.com/news/live/st...
Stock market today: S&P 500, Nasdaq notch record close as AMD's OpenAI deal sparks wild rally
Eyes are on upbeat prospects for AI even as the federal shutdown delays key economic releases.
finance.yahoo.com
kevansangster.bsky.social
n #Australia , futures market predicting #ASX200 will open higher today, with a possible record high on the cards.

After rising 2.23% over last week, local markets needs just 32pts to break August high of 9019…

Gold ⬆️ 0.77%
Silver ⬆️ 2.17%
Iron Ore ⬇️ 0.58%

#auspol #ausecon
kevansangster.bsky.social
After a positive week on #WallStreet - #S&P500 ⬆️ 0.71% over 5 days - this week will focus on Fed in absence of economic data.

Minutes from last week’s Fed meeting - when they choose to cut - will give traders glimpse of future rate decisions..

#EconSky #markets

finance.yahoo.com/news/stocks-...
Stocks at record highs as government shutdown leaves economic data in limbo: What to watch this week
As the economists fly blind in the first full week of a government shutdown, the stock market looks primed to continue its rally.
finance.yahoo.com
kevansangster.bsky.social
#WallStreet ended week in positive territory again Friday, with #S&P500 ⬆️ 0.01% on more #AI enthusiasm.

Despite latest jobs data being suspended due to Govt shutdown, traders continued to bet AI will fuel future economic growth.

#EconSky #markets

finance.yahoo.com/news/live/st...
Stock market today: Dow, S&P 500 close at record highs to cap Wall Street's latest winning week
US stocks drifted higher after stocks hit fresh records with Wall Street fixated on the promise of AI even as the government shutdown drags on.
finance.yahoo.com
kevansangster.bsky.social
In #Australia , futures market predicting #ASX200 will open higher again this morning, after rising 1.1% yesterday.

With little economic data due today, commodity prices may guide market - all were down overnight..

Gold ⬇️ 0.25%
Silver ⬇️ 0.81%
Iron Ore ⬇️ 0.58%

#auspol #ausecon
kevansangster.bsky.social
#US stocks edged higher again Thursday, with #S&P500 ⬆️ 0.06% on more AI fueled optimism.

ChatGPT owner #OpenAI ‘s valuation rocketed to $500bn on employee share deal - traders bought other AI stocks in response, ignoring Government shutdown..

#EconSky #markets

finance.yahoo.com/news/live/do...
Dow, S&P 500, Nasdaq notch records on AI buzz even as government shutdown drags on
A wave of upbeat AI news is giving markets more reason to shrug off shutdown risks.
finance.yahoo.com
kevansangster.bsky.social
In #Australia , local #ASX expected to open higher this morning on back of more record highs on Wall Street overnight.

Today’s household spending data may guide market, as traders look for clues on next interest rate move..

Gold ⬆️ 0.18%
Silver ⬆️ 1.32%
Iron Ore ⬇️ 0.58%

#auspol #ausecon
kevansangster.bsky.social
More records on #WallStreet Wednesday, with #S&P500 ⬆️ 0.34% to break through 6700 barrier for first time.

Traders reacted positively to unexpected fall in private sector jobs, betting that this means even more chance of an October rate cut..

#EconSky #markets

finance.yahoo.com/news/live/st...
Stock market today: Dow, S&P 500 notch records as Wall Street shrugs at shutdown, amps up rate cut bets
Wall Streett is assessing the first US shutdown in seven years and an unexpected drop in private-sector jobs.
finance.yahoo.com
kevansangster.bsky.social
Let’s talk about #Gaza

This brilliant UK podcast - featuring a former MP and a commnications expert who served under Tony Blair during the Good Friday agreement negotiations on NI - totally debunks the proposed peace plan.

Have a watch if you can..

#auspol #uspoli

youtu.be/1ZhifRHYLfA?...
Rory Stewart Debunks Trump's Gaza Plan
YouTube video by The Rest Is Politics
youtu.be
kevansangster.bsky.social
#Starmer has a way to go to personalise himself and win disaffected voters over from what i’m hearing out of UK.

But taking the fight to #Farage - who is a ‘pound shop Enoch Powell’ as Russell Brand famously said - is a very positive move imho.

Go hard and expose the charlatan!

#ukpoli
kevansangster.bsky.social
In #Australia , futures market predicting #ASX200 will open lower today, despite record highs on Wall Street overnight.

Local market fell sharply after RBA rate announcement yesterday, with hopes of future cuts in Nov now in doubt…

Gold ⬆️ 0.66%
Silver ⬇️ 0.59%
Iron Ore ⬇️ 0.58%

#auspol #ausecon
kevansangster.bsky.social
Another positive session in #WallStreet Tuesday, with #S&P500 ⬆️ 0.41% - broader Dow Jones index reached a record high.

With Govt shutdown - and suspension of economic data - looming, US job openings rose 19,000 in latest JOLTS report.

#EconSky #markets

finance.yahoo.com/news/live/st...
Stock market today: Dow hits record, S&P 500, Nasdaq cap best Q3 since 2020 as Wall Street braces for shutdown
Wall Street is worried a government shutdown could begin as soon as Wednesday.
finance.yahoo.com
kevansangster.bsky.social
No surprises as #RBA keeps rates on hold.

ABC news reporting that “[RBA] board noted the volatile monthly inflation data as evidence the decline in underlying inflation has slowed” in its post-meeting statement.

Translation: a rate cut at next meeting in Nov isn’t certain..

#auspol #ausecon