Australian shares fall 1% in broad sell-off; Macquarie declines on profit miss
Nov 1 (Reuters) -Australian shares declined 1% on Friday, with broad losses across most sectors, as investors weighed in the implications of the outcome of the U.S. presidential election as well as central bank monetary policy decisions next week.
The S&P/ASX 200 index .AXJO retreated 1% to 8,082.6 points by 2325 GMT. The benchmark declined more than 1% in October.
Shares of financial conglomerate Macquarie MQG.AX retreated up to 4.5% to hit their lowest level since early September, after its first-half earnings fell short of market expectations reflecting subdued volatility in energy markets.
Global investors are wary of the U.S. election outcome on Tuesday, with opinion polls suggesting Republican candidate and former U.S. President Donald Trump and Democratic candidate and Vice President Kamala Harris are neck and neck in the highly anticipated race to the White House.
Interest rate decisions from the U.S. Federal Reserve and the Reserve Bank of Australia are also due next week.
The Federal Reserve is widely expected to cut interest rates by 25 basis points, while the RBA is expected to keep its policy rates steady.
Sticky core inflation data from Australia earlier in the week reinforced expectations that the central bank, which lags its peers in starting its monetary easing cycle, will delay its rate cuts.
Next week would also stage earning releases from top Australian banks, where they are expected to report lower annual earnings, with investors focused on whether intense competition in lending and the rising costs of deposits will outweigh gains in mortgage revenues.
In Sydney, gold stocks .AXGD declined 2.3% to hit their lowest level in 2-weeks after gold prices fell from their record peak. GOL/
Heavyweight mining .AXMM and financial stocks .AXFJ declined more than 1% respectively, with all four of the so called "big four" banks falling more than 1% each.
New Zealand's benchmark S&P/NZX 50 index .NZ50 retreated 0.5% to 12,568.75.
Reporting by John Biju in Bengaluru; editing by Alan Barona
For more information on DIARIES & DATA: U.S. earnings diary RESF/US Wall Street Week Ahead .N/O Global Economy Week Ahead DATA/ ................................................................ For latest top breaking news across all markets NEWS1
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
