ASX 200 live: Xero in focus; Shell-BP merger talks, Nvidia at record; Powell reiterates Fed focus on Trump tariffs
Xero under pressure after insto raise to fund $4bn US buy. Shell's early BP talks signal largest oil deal in a generation with global impacts. Formidable trio to look into bourse operator ASX's 'repeated, serious failures'.
Welcome to the Trading Day blog for Thursday, June 26. The ASX 200 index is down 0.2 per cent to 8545.70 points at 10.20am AEST as bank and tech losses weigh.
Wall Street closed mixed with the S&P 500 index flat, the Dow Jones index off 0.3 per cent and the technology-focused Nasdaq rising 0.3 per cent.
Cryptocurrency giant bitcoin is around $US107,600.
The Aussie dollar is trading around US65.23c. Stars align for RBA's July cash rate cut
Originally published as ASX 200 live: Xero in focus; Shell-BP merger talks, Nvidia at record; Powell reiterates Fed focus on Trump tariffs Business
Qatar Airways' chief has revealed the full chaos unleashed by Monday's airspace closure in a rare 'open letter' to plead understanding from fuming travellers. Companies
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The Age
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Sydney Morning Herald
2 hours ago
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Australian exports to tumble $30b as Trump's tariff war hits home
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