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29Nov

Private sector credit grows 2.5% year to Oct: Aus shares 0.2% higher at noon

29 Nov 2019 - The Australian share market opened slightly higher this morning and is currently 0.2% higher at noon. Citi rates plus sized fashion retailer, City Chic Collective (ASX:CCX) as a sell, with a 12-month price target of $2.30.

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23Dec

Investors monitor new Covid strain in the UK: ASX set to open higher

23 Dec 2020 - Following mixed leads from US markets, the ASX looks set to open higher. Stocks recovered ground across Europe yesterday. New South Wales residents wait anxiously to hear from the Premier later today on social gathering restrictions for Christmas. The number of cases in the state has so far been tracking down from 30 to just 8 yesterday. Challenger (ASX:CGF) has entered into an agreement to acquire MyLifeMyFinance for $35 million.

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23Aug

S&P 500 stumbles ahead of Jackson Hole

23 Aug 2024 - The S&P 500 experienced a pullback overnight as investors anticipated Federal Reserve Chair Jerome Powell's keynote address at the Jackson Hole Economic Symposium.

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10Dec

Wall St mixed on tech fall, Redbubble rated as Neutral: ASX to dip

10 Dec 2021 - Mixed closed on Wall St as cautious trading crept in ahead of the inflation figures. European markets fell on mobility restrictions. Asian markets mixed despite Evergrande’s moves, the ASX 4-day surge snaps. UBS rates Redbubble as Neutral.

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03Apr

Half-price flights take off today: ASX closed 0.1% higher over the week

01 Apr 2021 - The local share market finished the first day of the month in positive territory building on yesterday's gains. The S&P/ASX 200 index closed 38 points or 0.6% higher to finish at 6,829. Over the week we closed 0.1% or 5 points higher. Gains in technology, materials and utilities offset losses in health care, industrials and consumer staples. Boral (ASX:BLD) rose 6.7% after announcing a buy back offer following the $1.33 billion sale in their USG...

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03Mar

Crude prices surge on dim Russian energy sales, Dow rebounds, Treasury yield jumps: ASX to rise

03 Mar 2022 - Risk back on the table lifts Wall St higher, the 10-year treasury note’s biggest one-day move since 2020. Commodity prices buoy European markets rally. Asian markets retreat, ASX continues higher on 4-day winning streak.

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25May

US stocks finish mixed on Friday, but Dow posts best weekly performance since April 9: Aus shares to open higher

25 May 2020 - US stocks closed mixed on Friday as US-China tensions dominated. The US Commerce Department said it was adding 33 Chinese companies and other institutions to an economic blacklist for human rights violations and to address US national security.

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19Sep

Wall St gains, Casino stocks crash on China crackdown, Pilbara is an outperform: ASX to rise

16 Sep 2021 - Major indexes around the globe closed mixed as oil price surges while iron ore falls. European markets were dragged lower by a fall in retail stocks. Asian markets retreat as casino stocks crash on China crackdown. Lithium players enjoyed Pilbara’s auction price. Macquarie retains their broker rating on Pilbara (ASX:PLS) despite this.

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22Mar

US Treasury Secretary reassures intervention to protect smaller banks

22 Mar 2023 - Stocks rose on Tuesday as traders became optimistic on the financial sector’s outlook following Treasury Secretary Janet Yellen’s reassurances to safeguard against further banking crises.

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01Aug

Wall St rises on disappointing GDP growth, Marley Spoon serves mixed results, Why Flight Centre is a hold: ASX poised to edge higher

30 Jul 2021 - Global stocks rallied as earnings season continued amid positive economic data in Europe, though mixed numbers in the U.S. Asian markets climbed after their recent panic selling. Coverage of U.S. GDP and jobless claims, Biden’s vaccine requirement & tech titan’s mandate. Earnings figures from Yum Brands, Pinterest & Robinhood’s underwhelming debut. Marley Spoon (ASX:MMM) plated mixed results. Why UBS rates Flight Centre (ASX:FLT) as a hold.

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