Author - Sequoia Direct
11Aug

Wall St mixed, U.S Senate passes US$1 trln infrastructure bill, Caterpillar jumps, Why Suncorp’s rating jumps: ASX to open higher

11 Aug 2021 - Global markets closed almost higher as oil prices bounced back helping commodity sectors advance. Growth stocks took a different direction ahead of inflation figures this week. Coverage on President Biden’s US$1.2 trillion infrastructure package, the breakdown and what the US$3.5 trillion package means. Tesla fell while Caterpillar rose. Why Credit Suisse upgrades Suncorp (ASX:SUN).

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10Aug

Wall St rises, U.S carmakers rise as Biden unveils EV sales target, Why GUD Holding’s price target got cut: ASX to open flat

06 Aug 2021 - Major indexes around the globe closed mixed ahead of the U.S. jobs report and earnings results. U.K. markets were little changed after the Bank of England left rates unchanged and in Asia, Chinese gaming stocks came under pressure. Why Credit Suisse rates GUD (ASX:GUD) as an outperform but dropped its price target. RBA to release news today.

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10Aug

Wall St mixed, Tesla has 22% upside, Delivery Hero’s stake in U.K. Deliveroo climbs 5%, Why Universal Biosensors is a buy again: ASX to rise

10 Aug 2021 - Another mixed closed on major indexes around the globe on mounting fears that Covid-19 cases could derail the pandemic rebound while the oil price slump pressured the Energy sector on concerns the Delta variant might slow down oil demand. Meanwhile, banks impressed investors on the local market as earnings season heats up. Results from meme stock AMC, Tesla’s rating got upgraded to a buy, China’s inflation is hotter than expected while TikTok owner ByteDance plans...

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09Aug

Wall St mixed, Biden’s rebuff at Tesla on EV push, Why Pact is a hold: ASX to open higher

09 Aug 2021 - Major indexes around the globe saw a mixed finish as investors responded to the strong U.S jobs reports. Bond yields rose while gold fell on concerns the Fed may bring forward the tapering of their assets purchase program. Covid-19 remains the draw card amid corporate earnings guidance while M&A’s buoyed the ASX. Why Tesla wasn’t invited to the Whitehouse while Afterpay already had their eyes set on Wall St 3-months ago. Macquarie rates Pact Group...

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07Aug

Wall St rises, Gaming stocks under pressure in Asia, Why GUD Holding’s price target got cut: ASX to open flat

06 Aug 2021 - Major indexes around the globe closed mixed ahead of the U.S. jobs report and earnings results. U.K. markets were little changed after the Bank of England left rates unchanged and in Asia, Chinese gaming stocks came under pressure. Why Credit Suisse rates GUD (ASX:GUD) as an outperform but dropped its price target. RBA to release news today.

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07Aug

Wall St mixed on weak jobs growth, Robinhood jumps +50%, Why Xero’s rating got a look over: ASX to edge lower

05 Aug 2021 - Major indexes around the globe closed mixed with Wall Street reacting to disappointing jobs data amid further earnings results. In Europe, business activity impressed investors and in Asia, the tech sector helped the region along. Why Xero’s (ASX:XRO) rating got a lookover after the Square deal with Afterpay. Centuria Industrial REIT (ASX:CIP) and Nick Scali Retail (ASX:NCK) slated to report earnings today.

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