Monthly Archives - August 2021

Wall St mixed, Iron ore price forecast to fall, Why Netwealth is a hold: ASX to edge higher

20 Aug 2021 - Major indexes around the globe closed almost lower after investors digested minutes from the Federal Reserve around tapering their bond purchases program amid growing Covid-19 cases. Weak commodity prices smashed the materials and energy sectors. Coverage on iron ore price forecast. Why Morgans rates Netwealth (ASX:NWL) as a hold.

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Wall St falls, BHP’s $20b merger with Woodside, Why Pexa is an outperform: ASX to drop

18 Aug 2021 - Global markets fell as retail sales data, regulatory scrutiny and mixed company earnings failed to impress investors. U.S. markets closed lower on disappointing retail sales for July. Asian shares dived on regulations for China’s online companies while European markets closed mixed on mild economic growth. Why Pexa (ASX:PXA) is an outperform. Big docket of company earnings today with 22 set to release figures.

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Wall St falls, Fed prepares to taper, Why Breville is an outperform: ASX to fall

19 Aug 2021 - A mixed close across the major indexes around the globe ahead of the release of the minutes from the Federal Reserve. European markets were pressured lower as mining giant BHP fell on the U.K FTSE. Asian markets rebounded mildly despite Covid-19 concerns. Why Breville (ASX:BRG) stocks sold off despite FY21 results beating Morgan’s expectations. Reporting season is in full throttle today with over 17 companies reporting.

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Wall St falls, BHP’s $20b merger with Woodside, Why Pexa is an outperform: ASX to drop

18 Aug 2021 - Global markets fell as retail sales data, regulatory scrutiny and mixed company earnings failed to impress investors. U.S. markets closed lower on disappointing retail sales for July. Asian shares dived on regulations for China’s online companies while European markets closed mixed on mild economic growth. Why Pexa (ASX:PXA) is an outperform. Big docket of company earnings today with 22 set to release figures.

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Wall St gains, Pfizer & Moderna surge, US$3.5 trillion reconciliation bill is next, Why NAB is an Outperform: ASX poised to dip

16 Aug 2021 - A mixed close across the major markets around the globe after an earnings showcase mixed with economic news kept investors cautious. The highly infectious delta variant of Covid-19 remains a concern. Coverage on the bipartisan infrastructure deal versus the US$3.5 trillion reconciliation bill. Why Credit Suisse rates National Australia Bank (ASX:NAB) as outperform. Economic outlook review both locally and globally for the week ahead.

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