Closing Bell 3nd August – Miners weigh down market as Iron ore drops
Investors appear to be giving up hope on promises of Chinese stimulus
August 2023
AU Earnings Calendar 7th August – 11th August
Confession season is upon us!
A steady flow of ASX listed company earnings is due this week
Who will shine and who will disappoint?
Pre-Market Pulse 3rd August – Scepticism emerges over the reality of AI targets
Equities dropped overnight, as an AMD-fueled slump in tech and the Fitch Ratings downgrade of U.S debt weighed on investor sentiment.
Closing Bell 2nd August – investor Optimism Begins to Dry Up as USD is Downgraded
The endless optimism of the last few months is being questioned as profit taking emerges, is the party over?
Pre-Market Pulse 2nd August – Equities Edge Lower as US Credit Rating Downgraded
The S&P500 and Nasdaq closed weaker on Tuesday, the first day of seasonally slow August, ahead of U.S. jobs data and major companies’ earnings reports later this week.
Closing Bell 1st August – RBA Leaves Rates Unchanged
The RBA left rates unchanged today at 4.10% while confusingly flagging risks for higher rates.
Pre-Market Pulse 1st August – S&P500 Notches up 5th Consecutive Month of Gains
Equities closed higher Monday to wrap up a fifth-straight positive month for July after shrugging off a dip in health care as energy stocks racked up gains.