Market Calendar 6th -10th May 2024
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.
May 2024
Pre-Market Pulse 6th May – Goldilocks scenario back, as Employment numbers “not too hot, not too cold”
Equities surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.
Closing Bell 3rd May: Promedicus rises to new highs. Block up on earnings. Macquarie drops on results
Promedicus rises to new highs. Block up on earnings. Macquarie drops on results
Bulls vs. Bears: Investors Interpret Fed Through Rose Coloured Glasses
The U.S. earnings season continues to unfold with notable performances and surprises. This week, several key companies reported significant shifts in their business dynamics, reflecting broader economic pressures and opportunities. Stagflation concerns persist as U.S. growth decelerates while inflation pressures mount, challenging central banks and impacting global market sentiments.
Pre-Market Pulse 3rd May – Stocks higher as Investors see Fed through rose coloured glasses
Equities traded higher overnight led by tech as investors continued to digest a slew of corporate earnings ahead of the crucial monthly jobs report due Friday.
Closing Bell 2nd May: Woolworths shares down on missed forecasts. NAB higher after results
Woolworths shares down on missed forecasts. NAB higher after results. XJO higher and hovers around 7600 level
Pre-Market Pulse 2nd May – Fed downplays need for hikes & reinforces “Higher for Longer”
It was a rollercoaster ride in equities overnight, swinging between gains and losses as the Federal Reserve kept rates unchanged on Wednesday, but the central bank maintained its easing basis, downplaying the prospect of rate hikes.
Closing Bell 1st May: Energy shares down as oil drops. XJO falls under 7600 level
Energy shares down as oil drops. XJO falls under 7600 level
Balanced Portfolio Update: Uranium
Current holdings in URNM and PDN totaling 6.5% will benefit from the US ban on Russian Uranium imports
Pre-Market Pulse 1st May – Wage inflation puts pressure on Fed to be hawkish on rates
A hotter than expected wage inflation number has put extra pressure on the Fed as the US Central Bankers start their 2-day policy meeting on interest rates