Latest Market News

Wall St tumbles, Warren opposes reappoint of Fed Chair, CSL rated as Neutral: ASX to fall

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.

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Wall St gains, Fed says taper is “soon”, Iron ore jumps 17%, Westpac is a hold: ASX to rise

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.

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Wall St plunges on China worries, BHP set to pay dividend, Santos is bullish, ASX to fall

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.

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Wall St mixed, Iron ore falls on Evergrande rout, C.Suisse’s take on Santos & Oil Search: ASX to dip

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).

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