Yearly Archives - 2021

Wall St rises, Gaming stocks under pressure in Asia, Why GUD Holdings price target got cut: ASX to open flat

06 Aug 2021 - Major indexes around the globe closed mixed ahead of the U.S. jobs report and earnings results. U.K. markets were little changed after the Bank of England reaffirmed its dovish stance and in Asia, Chinese gaming stocks came under pressure. Why Credit Suisse rates GUD (ASX:GUD) as an outperform but dropped its price target. RBA to release news today.

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Wall St mixed on weak jobs growth, Robinhood jumps +50%, Why Xero’s rating got a look over: ASX to edge lower

05 Aug 2021 - Major indexes around the globe closed mixed with Wall Street reacting to disappointing jobs data amid further earnings results. In Europe, business activity impressed investors and in Asia, the tech sector helped the region along. Why Xero’s (ASX:XRO) rating got a lookover after the Square deal with Afterpay. Centuria Industrial REIT (ASX:CIP) and Nick Scali Retail (ASX:NCK) slated to report earnings today.

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Wall St lower, Square to acquire Afterpay for $39bn, Credit Suisse cuts Fortescue & Iress ratings: ASX to rise

02 Aug 2021 - Major indexes across the globe closed in negative territory on Friday as rising Covid-19 cases put a lid on sentiment over the pace of the economic recovery, while Asian markets closed the week out with a tumble. Square is set to acquire Afterpay (ASX:APT) for $39 billion. Why Citi downgrades its rating for Fortescue Metals (ASX:FMG) and Iress (ASX:IRE). Earnings season kicks off locally.

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Wall St rises, Tencent tumbles on fear of crackdown, Why Resolute Mining’s rating got a hike: ASX poised to rise

04 Aug 2021 - Major indexes closed mixed around the globe amid earnings season as fears crept in on Covid-19 concerns. In China, investors' jitters surged on renewed clampdown fears that Chinese regulators have their eyes set on the gaming industry. Coverage on RBA’s decision and what it means for first home-owners and those looking to step foot in the property market. Why Macquarie upgrades Resolute Mining (ASX:RSG). Reporting season warms up with four companies set to release figures.

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Wall St closes mixed, RBA expected to delay taper, Pfizer hike vaccine price to Europe, Why De Grey Mining is a buy: ASX to dip

03 Aug 2021 - Major indexes around the globe closed mainly higher with M&A taking the spotlight. Chinese authorities move to calm investors after a panic sell-off last week following regulatory clampdown. Raft of U.S economic news while Pfizer & Moderna hike prices of vaccine to Europe. Stock watch is De Grey Mining (ASX:DEG) as a buy with chart analysis. Morgans upgrades NAB (ASX:NAB) rating to an add. RBA expected to delay bond purchase taper in a bid to...

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