18 Jan 2022 - European shares rose but Asian markets mixed after China released better-than-expected GDP figures for the December quarter. Wall St closed in observance for Martin Luther King Jr holiday. For stock watch, ADBRI (ASX:ABC) is rated as a buy.
17 Jan 2022 - Wall St closes mixed as earnings season kicks-off after a mouthful of fresh economic data and earnings from bank behemoths. European & Asian markets fell tracking losses from Wall St earlier in the week. ASX snapped its 3-week winning streak.
14 Jan 2022 - Nasdaq snaps three-day winning streak as tech tumble as inflation data raises prospects of accelerated interest rate hikes. European & Asian mixed climbing Covid wall of worries. ASX gains for 2nd day on Thursday. Commodities market retreats today, Qantas (ASX:QAN) cuts flight capacity.
13 Jan 2022 - Wall St firms up as the Nasdaq rallies for a 3rd day. US’ inflation print rises while China’s eases. European & Asian markets closed higher after Fed Chair testimony. ASX snapped 2-day losing streak. No local economic news today.
12 Jan 2022 - Dip buyers bolsters the Nasdaq on the technology shares bounce back. Fed Chair Jerome Powell testifies before the Senate Banking Committee in a renomination hearing & pledges to curb hot inflation. ASX fell for 2nd day shrugging off record retails sales while trade surplus falls. Looking ahead, energy, miners, and technology stocks are looking to roar.
11 Jan 2022 - Dip buyers arrested the tumble in tech shares for a mixed close on Wall St. Market participants eye upcoming economic print for an insight in the state of inflation. European markets falls as rate hike looms while Asian markets rise despite China’s covid-zero policy.
10 Jan 2022 - Tech shares dived again as the Nasdaq underperformed. Markets were bruised following the Fed minutes and mildly bounced back to cap off the start of 2022. Insight into the jump in US 10-year treasury yield. Kazakhstan’s unrest shoots uranium & oil prices higher. ASX recovers with a 0.1% weekly gain. Fresh economic print starts today.
07 Jan 2022 - Wall St fell attempting to rebound after Wednesday’s slump. Fed meeting minutes triggered a sell-off around the globe after the central bank flagged that they are ready to act more aggressively than anticipated. ASX slumped to its worst day in 16-months. No local economic news today.
06 Jan 2022 - Wall St sinks as Dow snaps winning streak on meeting minutes. Global indexes were mixed in anticipation ahead of the December FOMC minutes to be released. Aristocrat Leisure (ASX:ALL) has hit a roadblock in its $3.9 billion bid for UK Playtech.
05 Jan 2022 - Wall St closed mixed as the Dow reset a record high. Technology shares underperformed as market participants rotated back into value stocks. Energy stocks soared after OPEC+ agree to boost output. European markets played catch up as travel stocks take-off. Japanese stocks outperformed led by gains from auto vehicle players like Toyota. Lithium stocks took the spotlight on the ASX.
