Lower inflation data drives market higher: Supply chain disruptions easing
11 Aug 2022 - US equities finished notably higher in Wednesday trading on the back of a cooler July inflation print.
11Aug
10Aug
Markets await tomorrow’s US CPI data
10 Aug 2022 - US equities finished lower in fairly quiet Tuesday trading as investors navigated a batch of disappointing company reports ahead of a key inflation reading.
09Aug
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.
08Aug
US job growth ‘unsustainably hot’: Mixed signals for US economy
08 Aug 2022 - Stocks wavered Friday in a volatile trading session after the July jobs report was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.
05Aug
Markets mixed ahead of Friday’s jobs report: There’s a new meme stock in the market
05 Aug 2022 - The Dow ticked down Thursday as traders awaited Friday’s July jobs report, which will give the latest snapshot on the labor market and the health of the economy. There’s a new meme stock in town its called AMTD Digital, a Hong Kong-based fintech company.
04Aug
Oil stocks rise despite falling oil price, Investors chase dividends: ASX to open higher
04 Aug 2022 - Despite the oil price being weaker, oil stocks are rising, with oil producers returning the majority of their free cash flow to shareholders via dividends and share buybacks.
03Aug
Pelosi Taiwan visit adds new risk to equity markets: Inflation still on the agenda
03 Aug 2022 - US House of Representatives Speaker Nancy Pelosi arrived in Taiwan on Tuesday, becoming the highest-ranked American official to visit the self-ruled island that is claimed by China in 25 years. Her arrival set up a high-stakes standoff between the US and China.
02Aug
Gold price finding support: All eyes on RBA rate decision today
02 Aug 2022 - US equities fell on Monday as trading opened in August, with some investors questioning whether the recent rally has further to run following the best month since 2020.
01Aug
US stocks climb on the back of tech earnings: Dow Jones heading out of a bear market
01 Aug 2022 - Stocks climbed for a third consecutive session on Friday as investors digested strong tech earnings and looked past concerns about high inflation and a recessionary environment.
29Jul
Fears of US recession drives mixed earnings results
29 Jul 2022 - US equities rallied Thursday for the second day in a row even after the latest GDP showed a second-straight contraction, as investors bet the economic downturn would soon cause the Federal Reserve to end its aggressive hiking campaign.