04 Apr 2022 - Wall St inched higher on Friday following the release of the March labour report, bond market reacted with the 2 - 10 year yield inversion. Deep dive on resource stocks on the ASX, what it means to refill the stockpile after tapping the SPR.
01 Apr 2022 - Oil prices fell as the US mulls releasing up to 180 million barrels from its oil reserves, its largest draw in almost 50 years. The news sent energy stocks in European and Aussie markets lower, adding to wider concerns about Russia demands payments for gas be in roubles. Aside from this, Asian markets fell after investors saw a fall in China’s PMI readings. ASX closed lower as an insto trade in the closing match pulled...
31 Mar 2022 - Wall St took a breather today, closing in the red after several strong days of gains, and two straight weeks of gains. The S&P 500 snapped its four day winning streak after we saw dip buyers in the prior session, bidding up the tech sector, the most beaten down sector. This comes amid quarterly rebalancing and quarterly company earnings next month.
30 Mar 2022 - An almost a broad rally across the major indexes around the globe amid rising signs of progress in peace talks between Russia and Ukraine. Moscow is set to pull back military action around Kyiv and northern Ukraine. Oil prices extended recent losses.
29 Mar 2022 - Wall St turns higher after recession fears recede, following a weak finish around the globe. China announced a lockdown in Shanghai following a surge in Covid-19 cases as it maintains its zero Covid-19 stance, sending oil prices and energy stocks lower. A deep dive on what a soft landing is. AUD under 75 cents ahead of retail sales data today.
28 Mar 2022 - Global markets closed mixed on Friday, rising US treasury bond yields boosted financials though hurt growth stocks while rising commodity prices limited losses. An attack at Saudi Arabia’s oil company Aramco in Jeddah sent oil prices higher. ASX closed higher for the 2nd week in a row. Explanation of an inverted yield curve and last week's bond movement. Review of what’s ahead for the week and stocks to watch today.
25 Mar 2022 - Wall St rebounded, Europe and Asia was mixed after the ASX rallied for its third day in a row as western leaders met in a medley of talks in Brussels to discuss further means to end Putin's war on Ukraine. The US expanded its sanctions on Russia, targeting the members of the country’s parliament and the gold reserves. Washington warned it would enforce export controls if Russia imports chips from China.
24 Mar 2022 - Wall St and European markets retreat as oil prices rally. The price of nickel rebounded, hitting its trading limit of 15% as buyers emerged at the London Metals Exchange.
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.
22 Mar 2022 - Wall St closed mixed as investors took a breather following last week's rally. Ukraine President Zelenskyy refused to surrender Mariupol, sending oil prices soaring. US bond yields spiked after Fed Chair Powell’s hawkish comments. Pendal (ASX:PDL) coverage for Stockwatch
