Monthly Archives - July 2022

Markets factor in record inflation data, All eyes on the oil price

14 Jul 2022 - The inflation data was pretty much factored into market prices, hence such a moot reaction by markets overnight, with Wednesday’s hot CPI reading also prompting questions over whether inflation has in fact reached its peak. Either way the market is now pricing in an 80% chance of a 100bp hike later this month.

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Fund flows focus on China: ASX to open flat

13 Jul 2022 - Last month, more than $6 billion flowed into the 30 largest international mutual funds that focus on Chinese equities -- the highest level since at least early 2021 -- according to Morningstar, signalling fresh investor optimism about the battered asset class.

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US markets weaker, Hedge funds target ASX lithium companies

12 Jul 2022 - Watch out for the continued short-selling attack on lithium companies like Lake Resources (ASX:LKE) and Core Lithium (ASX:CXO), with J Capital issuing its latest short report on Monday, targeting Australian lithium producer Lake Resources. Both Core and Lake have around 8-9 per cent of their issued capital short sold at present.

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