Bulls vs bears
Bulls vs. Bears: Fed fuels optimism of soft landing
Fed Chair Powell and Lower inflation data fueled optimism of September rate cuts, sparking a shift back into small-caps
Mark Gardner
July 12, 2024
July 12, 2024
closing bell
Closing Bell 12th July: ASX hits record highs in strong day. CBA and NAB both hit hew highs
Australian shares surged 1 per cent to a record high of 7969 points by midday, driven by data showing the US entered deflation in June, increasing expectations for imminent rate cuts by the US Federal Reserve.
Jonathan Tacadena
July 12, 2024
AU
Market Calendar 15th July – 19th July 2024
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.
Mark Gardner
July 12, 2024
morning report
Pre-Market Pulse 12th July – Joy of softening inflation becomes concern about softening economy
In a surprising turn of sentiment, the Magnificent 7 had their worst day in months, while the broader market was firmer, despite cooling inflation data. The sentiment of rejoicing falling inflation became the reality check investors have been blind to, as it points to a slowing in the U.S. economy even if Federal Reserve interest rate cuts become a possibility later this year.
Mark Gardner
July 12, 2024
Recent Post
Closing Bell 19th September: Sims Metals rallies after trading update. ASX rallies to records after FED cuts rates overnight
Jonathan Tacadena
September 19, 2024
Pre-Market Pulse 19th September – Hawkish Fed drops a 50bps rate cut bomb on the market
Mark Gardner
September 19, 2024
Closing Bell 18th September: Chalice mining jumps as mine gets strategic approval. ASX quiet as traders wait for FED
Jonathan Tacadena
September 18, 2024
Pre-Market Pulse 18th September – Markets brace for Fed’s rate decision
Mark Gardner
September 18, 2024