Yearly Archives - 2022

Commodity prices take a beating: ASX set to fall

06 Jul 2022 - As oil prices dived on Tuesday, it seems that traders are now quickly taking off their inflationary positioning as a broad sell-off in commodities reflected fears that an economic downturn and and lockdowns in China could undercut demand.

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Analysts still bullish despite recession fears: Aus shares to open higher

04 Jul 2022 - Accelerated monetary policy tightening has doubled recession odds, says Morgan Stanley this week, noting that most economic models now suggest that the probability of a recession during the next 12 months has doubled to over 50 per cent. Ironically since the Fed’s June rate hike, the S&P 500 has risen around 3 per cent with analysts still predicting double-digit earnings growth for the rest of the year.

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IPO market hit by market volatility, Bitcoin losses continue

01 Jul 2022 - In the IPO market rising interest rates, increased regulatory scrutiny and the stock market’s worst first half in 50 years are squeezing the IPO. market in a way that hasn’t happened since the financial crisis. Six months into 2022, initial public offerings are at their slowest pace since 2009, according to data from Dealogic.

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