Monthly Archives - March 2022

Wall St extends relief-rally, Oil prices surge, BoE hikes rate: ASX to rise

18 Mar 2022 - Wall St's relief rally continues buoyed on news that Russian bond payments were processed by JP Morgan to Citi. The Kremlin downplayed that peace talks were progressing, sending oil prices higher. The Bank of England raised its interest rate to 0.75%. Asian shares continued to rebound strongly amid Beijing’s support for equity markets.

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Venice Energy to develop world’s first LNG import facility powered by renewable energy

17 Mar 2022 - Managing Director Kym Winter-Dewhirst talks about Venice Energy's plans to develop the world’s first LNG import facility entirely powered by renewable energy. The LNG Import and Storage terminal will be located at Outer Harbor, around 14km from Adelaide, and has been designated as “essential infrastructure” by the South Australian State Government.

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Wall St extends rally for 2nd day, Fed forecast deep-dive: ASX to rise

17 Mar 2022 - Wall St gains for 2nd day after Fed hiked rates for the first time in 3-years, buoyed by progress of peace talks between Russia and Ukraine. Ukrainian President Zelenskyy said Russia was “more realistic", but on the ground, Russian military attacks deepen. Asian markets rebounded helped by Hong Kong tech titans with the fever spilling over to European shares. China's authorities pledged to stimulate the economy and support the market. Breakdown of Fed forecast and...

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