Yearly Archives - 2021

Wall St mixed, Tech shares fall, Oil panic buying in U.K., Brambles rated as buy: ASX to fall

28 Sep 2021 - Mixed market across the globe as investors pivoted to cyclicals and value stocks, leaving tech and growth players behind. Energy stocks continued to power up as oil prices surged on fuel demand. Treasury bulls outpaced last week's performance with financials as beneficiaries of its moves. Citi rated Brambles (ASX:BXB) as a buy.

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Wall St mixed, China bans crypto: Premier is an outperform: ASX to open flat

27 Sep 2021 - Mixed market across the globe as major indexes attempted to stride back to record highs. Evergrande woes have faded for now, investors are looking closely on Beijing's next moves after banning all cryptocurrency transactions. Overview of last week's M&A's on the local bourse. Why Macquarie rated Premier Investments (ASX:PMV) as an outperform.

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Wall St gains, BoE keep rates steady, Why Kina Securities is a buy: ASX to rise

24 Sep 2021 - Major indexes around the globe broadly rose shrugging off contagion concerns from China's Evergrande saga. Bank of England failed to impress investors as European markets closed mixed. The ASX rallied for the 3rd day. Morgans rates Kina Securities (ASX:KSL) as a buy despite not proceeding with Westpac to buy their Asia Pacific businesses.

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Wall St gains, Fed says taper is “soon”, Iron ore jumps 17%, Westpac is a hold: ASX to rise

23 Sep 2021 - Major indexes around the globe bounced back as Evergrande concerns abated for now. Join me as I go through U.S. Federal Reserve Chair Powell speech after he flagged that tapering will happen "soon". The ASX rose for a 2nd day while the price of Australian carbon credit units hit a record high. Macquarie rates Westpac Group (ASX:WBC) as a hold after their ESG meeting.

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