Monthly Archives - March 2022

Wall St rises as bond rout deepens, Fisher & Paykel, Sonic, Flight Centre on watch: ASX to rise

23 Mar 2022 - Global shares rose after yesterday's hawkish comments from the Federal Reserve Chair Jerome Powell, leading to bank stocks advancing. There are continued concerns that the war in Ukraine has not come to truce and what it means for the commodity market. President Zelenskyy said Ukraine would compromise on NATO membership but not hand over any cities.

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Wall St relief-rally continues, Whitehaven Coal, AGL, Qube on watch today: ASX to rise

21 Mar 2022 - Global major indexes capped off the week on a positive note, as continued geopolitical tensions was offset by optimism amid the world’s largest economies. Investors kept a close eye on a meeting between President Biden and Chinese counterpart Xi Jinping after Biden warned China that the world’s second largest economy would face consequences if aid was given to Russia. Oil rose back above US$100 per barrel.

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