Author - Sequoia Direct

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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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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