17 Nov 2021 - Wall St rises while Asian markets mixed on no Biden-Xi breakthroughs. The ASX snapped its 2-day winning streak as investors digested the RBA’s meeting minutes. Citi rated Woodside (ASX:WPL) as a neutral with a boosted target price.
16 Nov 2021 - Major indexes around the globe were mixed with marginal gains or losses as they awaited bullish catalysts. Wall St digested Treasury Secretary Janet Yellen’s remarks says reason for the inflation spike. Morgans rated HealthCo Healthcare & Wellness REIT (ASX:HCW) as an add.
15 Nov 2021 - Mixed market around the globe as earnings season winds down amid hot inflation. U.S stocks rallied but closed lower for the week. Commodity players and travel stocks fell led to a weaker performance in Europe. Evergrande’s move saw a wave of enthusiasm in Asian markets. MA Financial (ASX:MAF) rated as a buy with Ords giving its target price a 90 per cent jump to $10.50.
12 Nov 2021 - Wall St closes mixed after inflation hit 3-decade highs, iron ore rebounds amid news that Beijing may loosen their grip around rules on domestic bond issues by Chinese property developers. ASX 200 falls for 4th day on jobs report. Servcorp’s rating gets upgraded as per UBS.
11 Nov 2021 - Wall St falls after inflation soars to highest since 1990. European markets despite food operator Hello Fresh falling on rival’s US acquisition. Asian markets mixed on hot inflation figures. The ASX dips for the 3rd straight day ahead of the big jobs report expected to see a fall of 50k jobs in October. Macquarie upgraded CSL’s (ASX:CSL) rating.
10 Nov 2021 - Wall St takes a breather after investors digested producer inflation figures. The ASX slipped for its 2nd day. Deep dive on NAB’s results (ASX:NAB) & what investors didn’t like. Macquarie boosted Newscorp’s (ASX:NWS) target price while REA Group, which is 61% owned by Newcorp, got a rating downgrade by UBS.
08 Nov 2021 - Wall St extended its winning streak on a better-than-expected jobs report and positive results from trials of Pfizer’s Covid-19 antiviral pill. European markets rose as oil prices lifted energy stocks while International Airlines Group takes-off on Pfizer’s news. ASX had its best close on Friday since 16 September amid RBA’s November Statement on Monetary Policy. Morgan Stanley gives CSR’s (ASX:CSR) target price a boost.
09 Nov 2021 - Mixed start to the week with the major indexes around the globe. Wall St pushed further into record territory after a bipartisan infrastructure investment bill was passed by the House of Representatives. European markets were mixed while Asian stocks reacted to China’s export figures. Back home, the local bourse snapped its 3-day winning streak as M&A emerged. Credit Suisse downgraded Orica’s rating (ASX:ORI).
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.
