30 Sep 2021 - Mixed closed around the globe as the surge in bond yields take a breather amid lawmakers in Washington DC’s debate over the debt ceiling. European markets rose while Asian markets saw mixed reactions to Japan’s new prime minster and Evergrande’s moves. Morgan upgraded Evolution Mining (ASX:EVN) but cut its price target.
29 Sep 2021 - Global stocks saw a sell-off while energy stocks climbed on a supply crimp. Inflation worries ripple as treasury bond yields climb. Fed Chair described as a "dangerous man" from Senator Elizabeth Warren amid scruitiny on trading conduct of FOMC members, including Mr Powell himself. Credit Suisse rated CSL (ASX:CSL) as a buy with a dampened outlook ahead.
28 Sep 2021 - Mixed market across the globe as investors pivoted to cyclicals and value stocks, leaving tech and growth players behind. Energy stocks continued to power up as oil prices surged on fuel demand. Treasury bulls outpaced last week's performance with financials as beneficiaries of its moves. Citi rated Brambles (ASX:BXB) as a buy.
27 Sep 2021 - Mixed market across the globe as major indexes attempted to stride back to record highs. Evergrande woes have faded for now, investors are looking closely on Beijing's next moves after banning all cryptocurrency transactions. Overview of last week's M&A's on the local bourse. Why Macquarie rated Premier Investments (ASX:PMV) as an outperform.
24 Sep 2021 - Major indexes around the globe broadly rose shrugging off contagion concerns from China's Evergrande saga. Bank of England failed to impress investors as European markets closed mixed. The ASX rallied for the 3rd day. Morgans rates Kina Securities (ASX:KSL) as a buy despite not proceeding with Westpac to buy their Asia Pacific businesses.
23 Sep 2021 - Major indexes around the globe bounced back as Evergrande concerns abated for now. Join me as I go through U.S. Federal Reserve Chair Powell speech after he flagged that tapering will happen "soon". The ASX rose for a 2nd day while the price of Australian carbon credit units hit a record high. Macquarie rates Westpac Group (ASX:WBC) as a hold after their ESG meeting.
22 Sep 2021 - Global markets bounced back with caution as the FOMC meets, while Japan's central bank is slated. Contagion concerns on property giant Evergande eased. The ASX firmed up, dividend payments started while iron ore price remained wobbly. Citi rates Baby Bunting (ASX:BBN) as a buy.
21 Sep 2021 - Market sell-off across the globe as concerns mount ahead of the Fed Reserve meeting slated tomorrow. Worries from economic growth to monetary policy to contagion concerns in China. Plummeting iron ore prices continued to weigh on the ASX as investors felt the impact of steps taken from China around climate change. Santos (ASX:STO) is bullish as covered in Stockwatch with a chart analysis.
20 Sep 2021 - Mixed markets around the globe as Wall St climbs the wall of worries. Iron ore prices pushed miners lower in Europe and locally. Asian markets rallied after China’s central bank injects liquidity on mounting concerns on Evergrande. Deep dive in UBS' take on Fortescue Metals (ASX:FMG) and Rio Tinto (ASX:RIO) after their downgrade.
17 Sep 2021 - A mixed market across the globe as U.S. stocks react to strong retail sales and a bump in jobless claims. European indices rallied as travel and leisure stocks take-off. Asian markets struggled on mounting concerns on the property sector. A buoyant session on the ASX as blue-chip players lead. What Credit Suisse said around Santos (ASX:STO) and Oil Search (ASX:OSH).
