Yearly Archives - 2021

ASX to defy lackustre Wall St: Aus shares to open higher

18 Jun 2021 - The Australian sharemarket is poised to bounce back from yesterday’s lows, in contrast with Wall Street’s lacklustre signals. The Dow Jones Industrial Average extended its losses for a second day, in response to the Federal Reserve’s decision to push ahead its tightening monetary strategy in anticipation of rising inflation. The tech-heavy Nasdaq bucked the underperformance trend of other US benchmarks, as tech stocks such as Tesla gained momentum.

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Nasdaq gains as tech stocks jump, why Universal Biosensors is a buy: ASX to lift

15 Jun 2021 - In this report, we cover a wrap up of Wall St’s mixed performance ahead of the Federal Reserve meeting. A weekly overview of the ASX last week, why Universal Biosensors (ASX:UBI) is a buy with a chart analysis for Stockwatch. There are 8 companies slated to make their debut along with an overview of local and international economic news.

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US investors ignore inflation indicator: Aus shares to open higher

11 Jun 2021 - The ASX200 is slated to rise at the open, following positive direction from Wall Street overnight. Despite a hotter-than-predicted hike in the US consumer price index of 0.6 per cent, Stateside investors ignored the inflation indicator and maintained their appetite to upgrade holdings. All US benchmarks gathered strength and edged higher. US Treasury bond yields for the 10-year note also took a tumble, on the consensus that the current inflation levels are only transitory.

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Nasdaq gains as tech stocks jump, why Universal Biosensors is a buy: ASX to lift

15 Jun 2021 - In this report, we cover a wrap up of Wall St’s mixed performance ahead of the Federal Reserve meeting. A weekly overview of the ASX last week, why Universal Biosensors (ASX:UBI) is a buy with a chart analysis for Stockwatch. There are 8 companies slated to make their debut along with an overview of local and international economic news.

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