Todays close in the S&P500 notches a fifth daily decline in six sessions, closing below the key 4,200 level. The Nasdaq slumped to 4-month lows, having its biggest single-session percentage drop since February, breaking the key 14,500 level, also the 200ma
Australia’s Q3 CPI outperforms expectations, rising 1.2%, fueling discussions around economic strategies and potential shifts in the Reserve Bank’s interest rate policies.
Invictus Energy Ltd (IVZ) is an independent upstream oil and gas company. The company is opening rift basins in onshore Africa – the Cabora Bassa Basin – in northern Zimbabwe through an impact exploration program.
Macquarie Bank is set to announce earnings, consistently demonstrating a remarkable record of exceeding expectations. MQG is a cornerstone in our portfolios, showcasing reliable performance. We advise purchasing a 2%-4% allocation of MQG shares on Thursday, anticipating a potential gap-up at Friday’s market open, following the release of positive updates.
A positive surprise is anticipated in today’s quarterly earnings report, and historical reporting has been strong. Currently, the stock is undervalued, making it an opportune time to invest in this stock.
Stocks finished higher on Tuesday as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and sparked a broad rally.
Energy stocks in the ASX find momentum, fueled by escalating oil prices amidst Middle East tensions, marking a bright spot in a wavering market.
After a 56% rally on China banning exports to foreign countries, Ex-China graphite assets have enjoyed a spike in prices over the last few days
Equites were mixed to higher as Tech stocks started the week on the front foot as investors look ahead to big tech earnings, with Microsoft and Alphabet set to report September quarter results on Tuesday.
ASX’s tumultuous journey persists, marked by significant drops in key sectors. Amidst global conflicts, the market grapples with potential shifts in economic policies.
Equites closed out the week with a loss as worries about escalating conflict in the middle east, mixed earnings and the rally in treasury yields this week was too much for investors.
Amidst market uncertainties, the energy sector and gold miners emerge resilient, benefiting from rising crude futures and record AUD gold prices, respectively.
