Jonathan Tacadena

closing bell

Closing Bell 24th April: Higher CPI pushes back rate cut forecasts

Higher CPI pushes back rate cut forecasts. The Australian Bureau of Statistics reported that the consumer price index increased by 1% in the quarter ending March, exceeding the market expectation of 0.8%. Year-over-year inflation slowed to 3.6% from 4.1%, still surpassing forecasts.

alpha

Alpha Recommendation: Close – Crude Oil ETF (OOO)

Betashares Crude Oil Index ETF – Currency Hedged (Synthetic) (OOO) is an exchange traded fund seeking to provide investment results that correspond to the price and yield performance of the S&P GSCI Crude Oil Index (the Underlying Index), with a currency hedge against movements in the AUD/USD exchange rate. The responsible entity is BetaShares Capital Limited.

alpha

Alpha Recommendation: Buy – Crude Oil ETF (OOO)

Betashares Crude Oil Index ETF – Currency Hedged (Synthetic) (OOO) is an exchange traded fund seeking to provide investment results that correspond to the price and yield performance of the S&P GSCI Crude Oil Index (the Underlying Index), with a currency hedge against movements in the AUD/USD exchange rate. The responsible entity is BetaShares Capital Limited.

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