AU
Market Calendar 5th August – 9th August 2024
Anticipating next week’s company earnings and economic figures.
Stay informed on the latest financial updates and trends with MPC Markets
Mark Gardner
August 1, 2024
August 1, 2024
closing bell
Closing Bell 1st August: Monadelphous falls after contracts terminated. XJO rallies to new highs above 8100
The Australian sharemarket has reached a record high, surpassing 8100 points, driven by rate optimism and rising oil prices. The S&P/ASX 200 increased by 34 points, or 0.4%, to 8126.7, building on gains from the previous day following lower core inflation figures that eased rate concerns.
Jonathan Tacadena
August 1, 2024
FOMC
Pre-Market Pulse 1st August – Tech stocks bounce as Powell opens the door to Sept rate cuts
Stocks notched one of their biggest gains since February overnight, as the Federal Reserve kept rates unchanged, though signaled that it that potential cut in September was on the table.
Mark Gardner
August 1, 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