Monthly Archives - January 2022

Commodity rally as tech climbs bolsters Wall St’s gains: ASX to rise

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.

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Nasdaq falls again on Wall St dive, NEXTDC & CSL rated as Outperform: ASX to open flat

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.

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