Monthly Archives - May 2022

Inflation spooks Wall St, Oil & iron ore $ slide, Pendal, Lendlease, Ramsay on watch: ASX to dive

10 May 2022 - Global benchmarks continue to tumble with several cross currents weighing on investor's minds. After China's President on Friday recommitted to the zero-Covid19 strategy, the prospect of extended lockdowns sparked further fears of a global economic slowdown. AUD fell over 1%, now 69.6 US cents. Commodity prices, including iron ore and oil tumble on demand concerns.

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Wall St tumbles, Iron ore dives ahead of China data, Westpac, Medibank Private on watch: ASX to fall

09 May 2022 - Global sell-off extended on Friday despite a strong April jobs report. Japan’s Nikkei bucked the trend, rallying after coming back from a holiday. The US and its G7 allies impose a new round of sanctions in a special virtual meeting on Russia a day before president Vladimir Putin marks the anniversary of the end of World War II. ANZ Bank (ASX:ANZ) trades ex-div today.

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