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03Aug

US stimulus talks linger: Aus shares to open flat

03 Aug 2020 - US stocks ended higher on Friday with major players in tech rallying, but the Australian share market looks set to open flat at the start of trade today, starting the week off on a quiet foot after closing 2 per cent lower at the closing bell on Friday and seeing a 1.6 per cent weekly loss. Bunnings Warehouse landlord BWP Trust (ASX:BWP) is scheduled to release its full-year results on Tuesday, and look out for...

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22Mar

Biden’s US to remain tough on China: Aus shares to open lower

22 Mar 2021 - The Australian sharemarket is poised to open lower, following weak leads from the US. Wall Street’s blue-chip index Dow Jones shed over 200 points, disrupting its 2 consecutive weeks in the black. A sell-off in finance stocks triggered declines in American benchmark indices, following the Federal Reserve’s refusal to continue the coronavirus-fueled capital break for banks and rising bond yields as a result. The impact echoed and was felt around the world, as Asia Pacific...

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13Feb

AMP suffers $2.5 billion loss: ASX set to open higher

13 Feb 2020 - The ASX looks set to open slightly higher this morning. European shares also rose. Iron ore rallied. In the US the Treasury department reported that the US budget deficit for the first four months of fiscal 2020 is $389.2 billion. AMP (ASX:AMP) released their financial year 19 results showing net loss attributable to shareholders of $2.5 billion.

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26Mar

Global supply chain fears grow as Suez Canal blocked for third day: Aus shares set to open higher

26 Mar 2021 - Wall Street ended higher overnight after the US Department of Labor reported the lowest weekly level of new jobless claims since the onset of the pandemic a year ago. This optimism is set to flow through to the Australian market, with Australian futures indicating an upbeat start to the day. Meanwhile the 400-metre-long container ship blocking the Suez Canal showed no signs of budging for a third day deepening global supply chain concerns. AMP refutes...

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30Aug

Wall St rises, Why Zip Co is an accumulate: ASX poised to rise

30 Aug 2021 - Join me as I cover Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium. European equities followed stateside while Asian markets were mixed as China continued to tighten their regulatory grip on tech titans. A deep dive into what they are planning. Why Ords changed the price target for Zip Co (ASX:Z1P).

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03Jun

US markets jump higher as inflation fears ease

03 Jun 2024 - The Dow Jones jumped as investors breathed a sigh of relief as key inflation readings released on Friday came in mostly as expected with no negative surprises.

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20Sep

Wall St slides, UBS’ take on iron ore, Why FMG & Rio is a sell: ASX to fall

20 Sep 2021 - Mixed markets around the globe as Wall St climbs the wall of worries. Iron ore prices pushed miners lower in Europe and locally. Asian markets rallied after China’s central bank injects liquidity on mounting concerns on Evergrande. Deep dive in UBS' take on Fortescue Metals (ASX:FMG) and Rio Tinto (ASX:RIO) after their downgrade.

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14Jan

Tech rout resumes on Wall St tumble, Qantas cuts flight capacity: ASX to fall

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.

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16Jun

US stocks snap 3-day streak ahead of Fed meeting, Why Macquarie prefers Coles over Woolies: ASX to dip

16 Jun 2021 - In this report, we cover a wrap up of Wall St’s performance ahead of the Federal Reserve meeting. A wrap up of yesterday's session, why Macquarie prefers Coles (ASX:COL) over Woolworths (ASX:WOW). One company is slated to make their debut and no major economic news today.

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26Nov

September quarter capex falls 3%: ASX tracking 0.1% lower at noon

26 Nov 2020 - The ASX opened lower and is now tracking 0.1% lower at noon. Harvey Norman (ASX:HVN) shares have shot up after reporting a 160.1% increase in profit before tax between July 1 and October 31. Meanwhile, shares in Virgin Money UK (ASX:VUK) have dropped after they withdrew their finance year 2022 targets.

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