Claims extracted
24
sentences that state something as happening or true
Uncertain
12%
3 of 24 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
68/100
ABC News (AU)'s corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
2
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
ASX set to rebound as US bond yields retreat from multi-decade highs, oil gains
The ASX is set to open higher after Wall Street recovered from early losses.
asserted
Street → set → losses
The 10-year Treasury yield retreated sharply after hitting a 24-year high near 5.34 per cent.
asserted
yield → retreat → cent
Oil prices surged, with Brent crude up more than $US4.
asserted
crude → surge → ?
Disclaimer: this blog is not intended as investment advice.
asserted
blog → intend → advice
10-year bonds: US 5.24%, Australia 5.4%
Prices current at around 7:30am AEST
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Oil jumps 5%
Oil prices are higher by 5.3% as at 7.45 am, trading at $103 US dollars a barrel.
The move comes after a WSJ report that the US was sending a third aircraft carrier and up to 10,000 more troops to the Middle East as President Donald Trump weighed resuming strikes on Iran after the US midterm elections.
asserted
Trump → choose → elections
The US President then told reporters he was considering his options.
"Now I have to make a decision.
asserted
I → tell → decision
They'll either sign a very fair deal or they won't exist any longer," he said.
asserted
he → sign → deal
It also comes as China has reportedly suspended fuel exports.
uncertain
China → come → exports
While crude continues to reach the market, diesel and other refined fuels remain in short supply following damage in refinery infrastructure in the Gulf and Russia.
asserted
diesel → continue → Gulf
Key Event
Firmus prices IPO at $11 a share, targeting $7.1b raise
Australian data centre operator Firmus has priced its IPO at $11 a share, aiming to raise $7.1 billion, and valuing the company's equity at $30.6 billion, according to Reuters news agency.
uncertain
Firmus → price → agency
With analysts estimating about $30 billion in debt, Firmus would have an implied enterprise value of roughly $60 billion.
asserted
Firmus → estimate → billion
Indicative investor demand is already above the deal size, with bookbuilding due to begin next week and the stock expected to start trading on the ASX on October 23.
asserted
stock → begin → October
If completed at that size, it would be the second-largest Australian IPO on record, behind Telstra's 1997 float.
asserted
it → complete → float
This is certainly one to watch!
asserted
This → watch → ?
With Reuters
Key Event
ASX to follow Wall Street higher
asserted
ASX → follow → Street
The ASX is set to rise this morning after Wall Street recovered from early losses to finish slightly higher.
asserted
Street → set → losses
The US 10-year Treasury yield hit its highest level since 2002, extending a global sell-off that has pushed borrowing costs sharply higher.
asserted
that → hit → costs
It followed bond yields in Europe also moving higher.
asserted
yields → follow → Europe
French, Italian and UK borrowing costs rose as concerns about inflation and massive government debt weighed on markets.
asserted
concerns → rise → markets
But US yields changed course later in the session, as buyers stepped back into the bond market and comments from the Fed's Philip Jefferson suggested the central bank could be patient before raising rates again.
uncertain
bank → change → rates
That reversal in bond trading helped Wall Street recover.
asserted
Street → help → trading
Futures are pointing to the Australian market opening higher by 0.5%.
asserted
market → point → %
This comes after a rough day for the share market on Thursday which closed at a four-month low , falling 2% and wiping $50 billion off the boards.
asserted
which → come → boards
The Australian dollar is buying 69.29 US cents.
asserted
dollar → buy → cents
The Aporia
