Yearly Archives - 2022

US markets surge, ASX earnings season kicks off in a big way

15 Aug 2022 - Stocks rose sharply on Friday, clinching the fourth straight positive week for the S&P 500 as investors celebrated signs that inflation may be peaking. The key fundamental driver of this week's upside was softer-than-expected July CPI and PPI data, providing more support for the peak inflation narrative.

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Markets flat, Momentum back with lithium stocks

09 Aug 2022 - Momentum now seems to be back with the lithium sector, with the catalyst being a very bullish quarterly report issued by US-listed lithum producer Albemarle last week which contained a stunning upgrade to its outlook for this year. The forecast from Albemarle comes after a more than eightfold surge in the price of lithium compounds since the start of the pandemic in 2020.

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