15 Jul 2021 - Global markets took a step back to digest the state of affairs on inflation. U.S. shares closed mixed as the Federal Reserve chair testified before a House finance committee. Inflation blues hits Europe. I also cover how Apple Pay in 4 work & why Goldman Sachs involved. Macquarie drops target price rating for Afterpay (ASX:APT).
14 Jul 2021 - Markets around the globe closed mixed as US earnings season kicked off. A surge in US consumer prices in June took economists by surprise on Wall St. NAB (ASX:NAB) confirms they are in talks with Citi to acquire their Aussie consumer arm. Platinum (ASX:PLA) tumbled over 8% yesterday, Ords explains why it could be.
13 Jul 2021 - Major global indexes started on a positive foot on Monday. US stocks edged higher ahead of earnings season. President Joe Biden calls for 80% of U.S. power to come from green energy. Richard Branson’s Virgin Galactic plummeted on news they will issue US$500 million of shares. Stockwatch today covers why Challenger (ASX:CGF) is a buy again with chart analysis as rated by Sequoia.
12 Jul 2021 - In this report, I cover how global stocks staged a comeback on Friday as investors shrugged off concerns about the economic recovery. Market participants rushed to buy back the dip after Thursday’s slump amid the US government bond yields easing. On the local data front, June jobs data is set to take the spotlight while major banks in the US prepare for earnings season to start. Why Credit Suisse raises Rio Tinto’s (ASX:RIO) price target...
09 Jul 2021 - In this report, I cover why US and UK stocks swam in a sea of red sending bond yields to fall as banks and miners weigh. The ECB revises inflation target while Covid-19 headlines pressured Asian markets lower. Why Citi rates Michael Hill (ASX:MHJ) as a hold. A wrap-up of yesterday's performance on the local bourse.
08 Jul 2021 - I cover Wall St's rise following the US Fed Reserve releasing June minutes which indicates a debate on when to taper their support. Bond yields tumbled and why it could've moved. Wrap up of yesterday's bourse and why Credit Suisse gave Sydney Airport's (ASX:SYD) rating an upgrade.
07 Jul 2021 - In this report, I cover Wall St's mixed performance, why Energy got a hit after OPEC's feud. UK fiscal's watchdog barks as FTSE fell, wrap-up of the local bourse following the RBA's taper though kept rates steady. Two companies set to debut on the ASX today.
06 Jul 2021 - In this report, I cover European markets as Wall St is closed due to Independence Day. There is no data on the major US indexes as government bonds due to this. Stock watch covers why construction engineering company Monadelphous Group (ASX:MND) is bullish. RBA to meet today.
05 Jul 2021 - In this report, I cover Wall St's advance on Friday on the back of a mixed job's report for June ahead of Independence Day. A weekly wrap of the local bourse, why Credit Suisse cuts Netwealth's (ASX:NWL) rating ahead of their earnings profit update on Thursday, economic news outlook both locally and overseas. Big week on the IPO front with 13 companies set to arrive on the ASX.
02 Jul 2021 - I cover Wall St's performance as they continued their momentum to start the 2nd half of the year. Jobless claims dropped ahead of labour figures. Oil prices boost markets while OPEC continues their talks on supply which helped European markets as Prime Minister Boris Johnson makes an upbeat statement. Asian markets responded to weak manufacturing figures. Yesterday the ASX 200 ended the day on a backfoot. Macquarie cuts Reece's (ASX:REH) rating. Six companies pencilled...
