17 Jun 2022 - Major indexes have notched big declines in 2022 as high inflation, rising interest rates and growing concerns about corporate profits and economic growth dent investors appetite for risk. The Dow is now down 18% this year, while the S&P 500 is down 23% and the tech-heavy Nasdaq has fallen 32%.
16 Jun 2022 - The Federal Reserve announced a 0.75% rate rise over night, a move the market had almost completely priced in. Inflation and labour force data to be released this morning in Australia should put the focus for ASX investors back on the Reserve Bank ’s next move.
15 Jun 2022 - Wall Street closed mixed as investors await the Federal Reserve's interest rate hike announcement. ASX entered correction territory. What to look out for locally today.
14 Jun 2022 - ASX futures pointing to a 4 per cent fall today post dramatic falls across US markets over the last couple of sessions. The major issue is that global central banks have been behind the curve in terms of how they are to manage red hot inflation throughout the global economy. The expectation now is for large sharp rate rises to head off record inflationary data across all sectors of the economy.
10 Jun 2022 - Wall St rout deepens on global central bank outlook. ECB flags rate hikes. China to lockdown district for Covid-19 testing on Saturday. What to look out for today on ASX. The market is closed on Monday for the Queens birthday.
09 Jun 2022 - Wall St pulled back on global growth concerns amid several companies unveiling weak profit outlooks ahead of the ECB rate decision, US consumer price index this week and the Federal Reserve meeting next week. What to look out for today on the ASX.
08 Jun 2022 - Wall St gained for a 2nd day despite profit and global economic warnings. Why uranium, iron ore, and coal stocks are in favour. What stocks to look out for today.
07 Jun 2022 - Cautious rally on Wall St after investors initially piled back into stocks on optimism that Covid-19 restrictions continue to ease in China. What stocks to watch today.
06 Jun 2022 - While some leading CEO’s are sounding the alarm on a recession, the actual economic data is yet to confirm this scenario. With US employment data pointing to a super low unemployment rate of 3.6%, CEO’s are looking to freeze employment. Only time will tell.
03 Jun 2022 - Wall St jumps as recession fears cool for now. Oil prices fell after Saudi Arabia flagged that they would hike output to make up the shortfall due to the EU's ban on 90% of Russian crude then it rebounded after OPEC+ agreed to a increase production. Calix (ASX:CXL) for a stock to watch, plus Crown Resorts (ASX:CWN).
